Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You are considering opening another restaurant in the food chain of Raising Cane’s. The new restaurant will have annual revenue of $1,100,000 and operating expenses of $600,000. The annual depreciation and amortization for the assets used in the restaurant will equal $70,000. An annual capital expenditure of $20,000 will be required to offset wear-and-tear on the assets used in the restaurant, but no additions to working capital will be required. The marginal tax rate will be 40 percent. Calculate the incremental annual free cash flow for the project.
Large Industries annual bonds are selling at 95.70 (i.e., the price is $957 for the $1,000 bond). There are 8 years remaining until maturity on the bonds and the yield to maturity is 6.25%. Find the coupon rate.
Tanghshan Mining has 100,000 shares outstanding and just declared a 3 for 2 stock split. Before the announcement, the firm's shares were trading at $50.00 per share. After the stock divided, the firm's shares should trade at ________ per share.
A firm has total interest charges of $10,000 per year, sales of $1 million, a tax rate of 40 percent, and a net profit margin of 6 percent. What is the firm's times-interest-earned ratio? show work
Foamsoft sells customized boat shoes. Currently, it sells 10,000 pairs of shoes annually at an average price of $70 a pair. It is considering adding a lower-priced line of shoes which sell for $50 a pair. What is the amount of the sales that should b..
Rustin recently retired from Fox, Inc., a national plastics supplier. When Rustin retired his stock bonus plan had 10,000 shares of Fox, Inc. stock. Fox, Inc. took deductions equal to $20 per share for the contributions made on Rustin's behalf. How m..
A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the required return on the preferred stock is 6.7 percent, what is the value of the stock and explain why the growth rate of perferred stock is 0%
Custer's has bonds outstanding with a face value of $162,000 that are selling at par. It also has 10,000 shares of stock outstanding that are selling for $32.30 a share. The all-equity value of the firm is $455,000. The tax rate is 35 percent. By wha..
Suppose you bought a bond with an annual coupon rate of 7.6 percent one year ago for $840. The bond sells for $885 today. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? What was your total nomin..
The credit spread is the difference in YTM between corporate bonds and Treasury bonds of similar maturities. Explain why the credit spread correlates closely with stock volatility across time?
Rocking house Corp. Management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price of $445.16. Assuming annual coupon payments, what is the yield to maturity on these bonds?
Maggie's Muffins, Inc., generated $2,000,000 in sales during 2015, and its year-end total assets were $1,500,000. Also, at year-end 2015, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..
Bethesda Mining is a midsized coal mining company with 20 mines located in Ohio, Pennsylvania, West Virginia, and Kentucky. The company operates deep mines as well as strip mines. Calculate the payback period, profitability index, next present value,..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd