Maggie's Muffins, Inc., generated $4,000,000 in sales during 2015, and its year-end total assets were $2,600,000. Also, at year-end 2015, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..
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Calculating OCF. Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of $1,750. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
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The risk-free rate is 4% and the expected rate of return on the market portfolio is 9%. Calculate the return of a security with a beta of 1.28 and an expected rate of return of 12% (rounded to 2 decimal places). Is the security overpriced or underpri..
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Which of the following are reasons Google chose to use an online auction rather than an investment bank to issue its IPO.
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You and your spouse are planning on buying a $200,000 house. Your bank is willing to give you a 30 year mortgage loan at 6.12%APR with monthly repayments. How much interest would you pay over the life of the loan?
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You are considering the purchase of a share of Blue Grass, inc. common stock. You expect to sell it at the end of one year for $87 a share. You will also receive a dividend of $5.36 per share at the end of the next year. If your required return on th..
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Southwest Physicians, a medical group practice in Oklahoma City, is just being formed. It will need $2 million of total assets to generate $3 million in revenues. Furthermore, the group expects to have a total margin of 5 percent. what is the differe..
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An investor owns $10,000 of Adobe Systems stock, $15,000 of Dow Chemical, and $25,000 of Office Depot. What are the portfolio weights of each stock?
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Eades has 9% annual coupon bonds that are callable and have 18years left until maturity. The bonds have a par value of $1,000, and their current market price is $1,220.35. However, Eades may call the bonds in eight years at a call price of $1,060. Wh..
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$70,000 is borrowed, to be repaid in three equal, annual payments with 12% interest. Approximately how much principal is amortized with the first payment?
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Last year the Selling Corporation had earnings before interest and taxes (operating income) equal to $1 million. It paid $200,000 in dividends to its stockholders and $100,000 in interest to its creditors. During the year, the company also repaid a b..
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I have been considering refinancing my house. To do so, I will need to borrow $250,000. The loan period is 30 years and payments are made monthly. Several months ago I could have gotten a loan at 3% APR, but today the APR is 5.25%. How much additiona..
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