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!
At year-end 2015, Wallace Landscaping’s total assets were $1.2 million and its accounts payable were $410,000. Sales, which in 2015 were $2.2 million, are expected to increase by 25% in 2016. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $490,000 in 2015, and retained earnings were $345,000. Wallace has arranged to sell $95,000 of new common stock in 2016 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2016. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 5%, and 55% of earnings will be paid out as dividends.
Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 28%. The T-bill rate is 4%. Your risky portfolio includes the following investments in the given proportions: What is the standard deviation o..
How does the consolidation impact how the accounting information flows into the consolidated financial statement? Describe the process. Are there any income tax benefits from consolidating the financial statements in a company?
Homeowners enjoy many benefits, including a federal tax deduction for state and local property taxes paid. Des Moines, Iowa, was voted one of the top 100 best places to live in 2011 by Money Magazine. With a median home price of $210,000 and property..
An appliance for less is a local appliance store. It costs the store $2.4 per unit annually for storage, insurance act. To hold microwave in their inventory. Sales this year are anticipated to be 632 units. Each order costs $21. The company is using ..
Rusk Corporation sells 185,000 gallons of paint annually at several retail outlets. The ordering cost per order is $75, and its cost of capital is 10%. The storage and handling cost for paint is $2 per year, based on average inventory. Find the optim..
Your portfolio allocates equal amounts to three stocks. All three stocks have the same mean annual return of 11 percent. Annual return standard deviations for these three stocks are 26 percent, 36 percent, and 46 percent. The return correlations amon..
Does your current organization (or an organization you have worked for in the past,) exercise good financial planning and control? Can it be improved? How? Why? Be prepared to cite real life examples as evidence.
For each of the following cash flows, decide whether there is a unique yield rate i > ?1? Can you guarantee that the yield rate is positive?
What is ABC inventory classification? How can this method be useful to a business? Describe the assumptions underlying the basic EOQ model.
What is the optimal amount of each special ingredient for each drink and what is the optimal cost of the special ingredients in total?
Harris Company must set its investment and dividend policies for the coming year. It has three independent projects from which to choose, each of which requires a $3 million investment. These projects have different levels of risk, and therefore diff..
Ghost Rider Corporation has bonds on the market with 10 years to maturity, a YTM of 6.5 percent, and a current price of $926. What must the coupon rate be on the company’s bonds? (Do not round intermediate calculations. Enter your answer as a percent..
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