Reference no: EM131621986
The 2014 balance sheet of Tian Tian Table Tennis Shop, Inc., showed $4.5 million in long-term debt, $1,120,000 in the common stock account, and $7.1 million in the additional paid-in surplus account. The 2015 balance sheet showed $5.2 million, $1,195,000, and $7.3 million in the same three accounts, respectively. The 2015 income statement showed an interest expense of $340,000. The company paid out $585,000 in cash dividends during 2015. If the firm's net capital spending for 2015 was $980,000, and the firm reduced its net working capital investment by $88,000, the firm's 2015 operating cash flow, or OCF, is $ __________________ . (Do not include the dollar sign ($). Enter answer in dollars, not millions of dollars, e.g., $1,234,567. Round your answer to the nearest whole dollar amount.
What is the current market risk premium implied
: What is the current market risk premium implied by the following information about AT &T Company's bonds,
|
What is the price change due to the convexity
: Also if the interest rate increases from 4% to 5% what is the price change due to the convexity?
|
What is bad boys cost of capital
: If Bad Boys, Inc., raises capital using 30% debt, 5% preferred stock, and 65% common stock, and 65% common stock, what is Bad Boys cost of capital?
|
What is the cross-rate in terms of yen per pound
: What is the cross-rate in terms of yen per pound? What is the arbitrage profit per dollar used?
|
Firm net capital spending
: If the firm's net capital spending for 2015 was $980,000, and the firm reduced its net working capital investment by $88,000, firm's 2015 operating cash flow.
|
What is the maturity risk premium of the security
: Assume that the liquidity premium for the security is 0%. What is the maturity risk premium of the security?
|
What is beta of your portfolio
: Stock X has a beta of 1.16, stock Y has a beta of 1.47, and stock Z has a beta of 0.42. What is the beta of your portfolio?
|
Banking system and minimize liquidity concerns
: thereby helping to maintain confidence in the banking system and minimize liquidity concerns.
|
Borrowing differ from spontaneous sources of liquidity
: How does short-term borrowing differ from spontaneous sources of liquidity?
|