What is its net income

Assignment Help Financial Management
Reference no: EM131575495

Y3K, Inc., has sales of exist6,329, total assets of exist2,945, and a debt-equity ratio of 1.40. If its return on equity is 14 percent, what is its net income? (Do not round intermediate calculations and round your final answer to 2 decimal places, e 32.16.)

Reference no: EM131575495

Questions Cloud

Evaluating tow different machines : Megatrac Co. is evaluating two different machines. Machine A costs $215,000 has a four year life, and has a pretax operating costs of $40,000 per year.
Calculate depreciation tax shield in year four of project : Big Ben Inc. is considering a project that will require purchase of $875,000 in new equipment. Calculate the depreciation tax shield in year 4 of the project?
What is the principal balance on the loan : In 16 years you decide to sell your house and pay off the mortgage. What is the principal balance on the loan?
Calculate operating cash flow : The annual depreciation expense is 14,000. Calculate the operating cash flow.
What is its net income : Y3K, Inc., has sales of exist6,329, total assets of exist2,945, and a debt-equity ratio of 1.40. If its return on equity is 14 percent, what is its net income?
Alpha prime is considering installing new molding machine : Alpha Prime is considering installing a new molding machine which is expected to produce operating cash flows of $73,000 a year for 7 years.
Calculate usher sports shops cash flow from operations : Calculate Usher Sports Shop’s cash flow from operations for 2015.
Calculate equivalent annual cost : Assuming a required rate of return of 13%, calculate the equivalent annual cost.
Small business is planning to buy computer system : A small business (Sunshine Sunroofs) is planning to buy a computer system for exist25,000. Would you recommend Sunshine Company invest in the computer system?

Reviews

Write a Review

Financial Management Questions & Answers

  What are some of the possible explanations for this fall

Using the ROE framework, what are some of the possible explanations for this fall?

  Why is important organizational information system

What is and why is important Organizational Information System? What are physical pooling, notional pooling, and bank overlay structure?

  Calculate the value of this project to the equity holders

Johnson Company is investing $2,000 in a project whose after-tax cash flows are: year 1 = $250, year 2 = $500, year 3 = $750, and year 4 = $1,500. Johnson Company's tax rate is 35% and the risk-free interest rate is 6%. calculate the value of this pr..

  What is the real rate of return on tips bond in first year

Consider a newly issued TIPS bond with a three year maturity, par value of $1000, and a coupon rate of 5%. Assume annual coupon payments. What is the real rate of return on the TIPS bond in the first year?

  Use the dividend growth model approach

What determines whether to use the dividend growth model approach or the CAPM approach to calculate the cost of equity?

  Requirement of the unlimited marital deduction

Which of the following is not a requirement of the unlimited marital deduction?

  Your firm total variable costs expected to be next year

our firm has a 35% tax rate. What are your firm's total variable costs expected to be next year

  About the interest rate risk of lower-coupon bonds

Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price chan..

  Average face value of new policies issued

average face value of new policies issued in the most recent year in the exhibit is greater than the average face value of all policies in force.

  Based on your review of the mortgage rate trends

Based on your review of the mortgage rate trends, predict the future (within a year) rate of the 30-year fixed and the 15-year fixed rate mortgage, indicating the basis and rationale of your prediction, and the resulting impact to the mortgage indust..

  Identify any arbitrage and explain how it would be captured

Assume a standard deviation of 8 percent, and use the Black model to determine if the call option in problem is correctly priced. If not, suggest a riskless hedge strategy ?

  The new project is riskier than the firms existing projects

If the new project is riskier than the firm's existing projects, then it should be charged a higher cost of capital. If the new project is riskier than the firm's existing projects, then it should be charged a lower cost of capital. If the new projec..

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