Reference no: EM131185841
The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $) Assets 2010 Cash and securities $2,040 Accounts receivable 11,730 Inventories 16,320 Total current assets $30,090 Net plant and equipment $20,910 Total assets $51,000 Liabilities and Equity Accounts payable $9,690 Notes payable 7,140 Accruals 5,610 Total current liabilities $22,440 Long-term bonds $15,045 Total debt $37,485 Common stock $2,295 Retained earnings 11,220 Total common equity $13,515 Total liabilities and equity $51,000 Income Statement (Millions of $) 2010 Net sales $66,300 Operating costs except depreciation 61,991 Depreciation 1,160 Earnings bef interest and taxes (EBIT) $3,149 Less interest 1,387 Earnings before taxes (EBT) $1,763 Taxes 617 Net income $1,146 Other data: Shares outstanding (millions) 500.00 Common dividends (millions of $) $401.01 Int rate on notes payable & L-T bonds 6.25% Federal plus state income tax rate 35% Year-end stock price $27.50 What is the firm's dividends per share? a. $0.93 b. $0.91 c. $0.74 d. $0.95 e. $0.80
Create unique hypothetical weighted average cost of capital
: Create a unique hypothetical weighted average cost of capital (WACC) and rate of return. Recommend whether or not the company should expand, and defend your position.
|
What is the potential of the sphere''s surface
: What is the potential of the sphere's surface relative to infinity?
|
Specific macroeconomic variables that are associated
: Identify specific macroeconomic variables that are associated empirically with an increase in the identified varieties of risk, and which may indicate an increase or decrease in systematic and systemic risk specifically.
|
Discuss strategies for converting their old erp system
: You are preparing to meet with your end users to discuss possible strategies for converting their old ERP system to a new one. Propose two (2) or three (3) alternative strategies, and explore related examples of situations for which each approach ..
|
What is the firms dividends per share
: The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. W..
|
Discuss domestic and global economic conditions
: On the 4th of October 2016, the Reserve Bank of Australia (RBA) board will meet to discuss domestic and global economic conditions and release its monetary policy statement, having decided upon the appropriate level of the cash rate.
|
What is the temperature of the cold reservoir
: If it is a reversible heat engine and the hot reservoir is at 750K, what is the temperature of the cold reservoir?
|
What is the opportunity cost of choice
: Marissa is buying vegetables. She can choose between carrots ,lettuce ,and green beans. She doesn't like green beans , and after some thought, she chooses carrots. What is the opportunity cost of this choice?
|
Economic knowledge and analytical skills
: In no more than 250 words, please (1) describe how you feel this course has helped you to improve your economic knowledge and analytical skills, and (2) assess the course objectives you still do not understand and suggest how to improve the course..
|