Characteristics of stock

Assignment Help Financial Management
Reference no: EM132049460

1. All of the following are characteristics of a Stock, except?

Form of capital

Vote directly for management

Entitlement to equity

Entitlement to stock dividends (if paid)

2. A firm has an average annual accounts receivable balance of $3,200,000, an average annual inventory balance of $2,700,000, annual sales of $15,000,000, and annual cost of goods sold of $13,500,000. How many days does it take the firm to sell its inventory and collect the payment on the sale (assume all sales are on credit)?

150.87

143.57

73

4.87

Reference no: EM132049460

Questions Cloud

The romantic era through a comparison of compositions : Compare and contrast the ways each composer approached the program in these respective pieces. Do they follow clear stories?
Sample of the substance to decay : How long will it take for a sample of the substance to decay to 66% of the original amount. How many years will it take?
Prepare the journal entry to record the issuance of bonds : On January 1, Klosterman Company issued $462,000, 12%, 10-year bonds at face value. Prepare the journal entry to record the issuance of the bonds
Fundamental counting principle to solve : Use the fundamental counting principle to solve. An ice cream store sells 2 drinks, in 5 sizes, and 8 flavors. In how many ways can a customer order a drink?
Characteristics of stock : All of the following are characteristics of a Stock, except?
Discuss one or two conflicting issues involving the view : Debate It - take a position on this statement: Media cause individuals to develop negative and unrealistic body images.
Small business owner for business advice : You are a cost management consultant and you have been asked by a small business owner for business advice.
Objective and quantifiable science : Should risk management could be an objective and quantifiable science?
Workplace violence and hostile environments : What effect does workplace violence and hostile environments have on an organization and its employees

Reviews

Write a Review

 

Financial Management Questions & Answers

  What is the price of this stock today

The price of the stock is set to yield a return of 11%. What is the price of this stock today?

  Implication for the optimal capital structure of a corporati

If the only violation of the M&M assumptions is that investors face one tax rate for interest income and another tax rate for equity income, what is the implication for the optimal capital structure of a corporation?

  Actually be affected by financial leverage high debt levels

Discuss the following statement: All else equal, firms with relatively stable sales are able to carry relatively high debt ratios. Is this statement true or false? Why? Why is EBIT generally considered independent of financial leverage? Why might EBI..

  Give additionally to the lender to eliminate the loan

how much would we give additionally to the lender to eliminate the loan?

  What is the default risk premium on corporate bond

Assume that the liquidity premium on the corporate bond is 0.75%. What is the default risk premium on the corporate bond?

  Calculate the average collection period

Calculate the average collection period. What is the receivables turnover?

  What is her portfolio beta

If these are the only two investments in her portfolio, what is her portfolio's beta?

  Managing is expecting an inflow of funds

Suppose that the pension fund you are managing is expecting an inflow of funds of $100 million next year and you want to make sure that you will earn the current interest rate of 8% when you invest the incoming funds in long-term bonds. How would you..

  Interpreting financial statement relations

Exhibit 1.29 presents common-size and percentage change balance sheets and Exhibit 1.30 (page 81) presents common-size and percentage change income statements for Starbucks for2009–2012. Net earnings as a percentage of total revenues increased from 3..

  Expected and required rates of return

Assume that the risk-free rate is 4.5% and the market risk premium is 5%. What is the expected return for the overall stock market? What is the required rate of return on a stock with a beta of 2.1?

  What is the expected return of your portfolio

What is the expected return of your portfolio? The expected return of your portfolio is?

  Preferred stockholders on per share basis

what could be the maximum payment to the preferred stockholders on a per share basis?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd