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!
AFN equation Broussard Skateboard's sales are expected to increase by 15% from $7.4 million in 2015 to $8.51 million in 2016. Its assets totaled $5 million at the end of 2015. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2015, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 60%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.
A proposed new investment has projected sales of $800,000. Variable costs are 65 percent of sales, and fixed costs are $169,000; depreciation is $70,000. Prepare a pro forma income statement assuming a tax rate of 34 percent. What is the projected ne..
Newson Corp is predicting net income of $50,000 this year and expects this amount to increase by $4,000 every year into the future. If the 30-year government bonds are paying 6.5% and there are 100,000 shares outstanding, what is the present value of..
Elddir, Inc. has net income of net income of 9000, a tax rate of 34%, interest expense of 2940 and deducted depreciation expense of 2730. What is Elddir’s cash coverage ratio?
Explain what is meant by an index being price weighted. In a price-weighted average, would you expect a $10 stock or a $50 stock to be more important? Why?
Describe the differences between foreign bonds and Eurobonds. Also discuss why Eurobonds make up the lion's share of the international bond market.
As the drivers of globalization continue to pressure both the globalization of markets and the globalization of production, we continue to see the impact of greater globalization on worldwide trade patterns. What types of countries dominate these rou..
You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 18 percent, –3 percent, 16 percent, 11 percent, and 10 percent. What was the arithmetic average return on Crash-n-Burn’s stock over this five-year period..
Explain risks compensated for in bond yields.
Fox Ten Limited (FTL) is a new company and management are trying to decide on a financing structure. They need to raise funds of $15 million and are deciding between the following options: The first option is to use 90% equity and 10% debt. It will i..
A financial institution is considering a loan application for $2 million. It expects to charge 1/5 % origination fee and 10 basis points as service fee. The institution has estimated a risk premium to be around 0.25%. The market interest rate for sim..
q1. veezee vz issues a 2-year floating rate bond in the amount of 100m on which it pays libor6 - 0.5 semi-annually.
Show Calculations and formulas- F.Q Loans Inc. offers "five for four, or I knock on your door." This means you get $4 today and repay $5 when you get your paycheck in 1 week (or else). Whats the effective annual return F.Q earns on this lending busin..
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