What is the amount of the firm net fixed assets

Assignment Help Financial Management
Reference no: EM131192428

The Caughlin Company has a long-term debt ratio of 0.45 and a current ratio of 1.25. Current liabilities are $987, sales are $6,860, profit margin is 8.6 percent, and ROE is 17.5 percent. What is the amount of the firm's net fixed assets?

Reference no: EM131192428

Questions Cloud

About purchasing new sand-casting equipment : Jetson Foundry is thinking about purchasing new sand-casting equipment that would reduce the time and cost of grinding customer orders to tolerance. The new equipment will cost $70,000 and it will take $15,000 to modify it for company needs. Evaluate..
Proposal using the capital budgeting criteria : Jim Krakauer proposes to expand his restaurant supply business by adding an HVAC repair unit. Currently his customers, almost all restaurant owners, buy or order equipment from his sow room floor or from a warehouse of used equipment located behind h..
The firm achieve in order to meet its growth rate goal : Fulkerson Manufacturing wishes to maintain a sustainable growth rate of 9.5 percent a year, a debt–equity ratio of .39, and a dividend payout ratio of 33 percent. The ratio of total assets to sales is constant at 1.36. What profit margin must the fir..
Common stock value-constant growth : The common stock of Denis and Denis Research Inc. Trades for $60 per share. Investors expect the company to pay a $3.90 dividend next year, and they expect that dividend to grow at a constant rate forver. If investors require a 10% return on this sto..
What is the amount of the firm net fixed assets : The Caughlin Company has a long-term debt ratio of 0.45 and a current ratio of 1.25. Current liabilities are $987, sales are $6,860, profit margin is 8.6 percent, and ROE is 17.5 percent. What is the amount of the firm's net fixed assets?
What were total liabilities-long-term debt financing : At year-end 2016, Wallace Landscaping’s total assets were $1.0 million and its accounts payable were $340,000. Sales, which in 2016 were $2.2 million, are expected to increase by 30% in 2017. Total assets and accounts payable are proportional to sale..
Sales increase-what is its self-supporting growth rate : Maggie's Muffins, Inc., generated $4,000,000 in sales during 2016, and its year-end total assets were $3,000,000. Also, at year-end 2016, current liabilities were $1,000,000, consisting of $300,000 of notes payable, $500,000 of accounts payable, and ..
Sales are expected to increase-forecasted payout ratio : Broussard Skateboard's sales are expected to increase by 25% from $7.6 million in 2016 to $9.50 million in 2017. Its assets totaled $3 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as proj..
Affected by the bank strategies : Effect of Bank Strategies on Bank Ratings A bank has asked you to assess various strategies it is considering and explain how they could affect its regulatory review. Regulatory reviews include an assessment of capital, asset quality, management, ear..

Reviews

Write a Review

 

Financial Management Questions & Answers

  Calculate standard deviation of expected portfolio returns

Jamie Wong is considering building an investment portfolio containing two stocks, L and M. Stock L will represent 80% of the dollar value of the portfolio, and stock M will account for the other 20%. Calculate the expected value of portfolio returns,..

  Dividends are expected to grow at rate

Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. If the required return is 12 percent, and the company just paid a di..

  Trade-off between financial performance and sustainability

Is there any trade-off between the financial performance and the sustainability of the company?

  Repudiation released her from her duty to perform

Moore contracted in writ- ing to sell her 2012 Hyundai Santa Fe to Hammer for $16,500. Moore agreed to deliver the car on Wednesday, and Hammer promised to pay the $16,500 on the following Friday. Moore contended that Hammer’s repudiation released he..

  Present and future values for different periods

Find the following values using the equations and then a financial calculator. Compounding/discounting occurs annually. Round your answers to the nearest cent. An initial $700 compounded for 1 year at 9%. The present value of $700 due in 2 years at a..

  Zero coupon bond with a face value-implicit interest

A zero coupon bond with a face value of $1,000 is issued with an initial price of $565.01. The bond matures in 20 years. What is the implicit interest, in dollars, for the first year of the bond's life?

  When the firm might begin paying dividends is not known

McCaffrey’s Inc. has never paid a dividend, and when the firm might begin paying dividends is not known. Its current free cash flow (FCF) is $100,000, and this FCF is expected to grow at a constant 7% rate. Its long-term debt is $1,000,000, but it ha..

  Financed by risk-free debt

A company is 35% financed by risk-free debt. The interest rate is 12%, the expected market risk premium is 9%, and the beta of the company's common stock is 1.5. What is the company cost of capital? What is the after-tax WACC, assuming that the compa..

  What is the equivalent annual cost of the server

A new computer server costs $860,000, delivered and installed. Annual operating costs are $32,000. A five year life is expected with no anticipated value thereafter. Given a required rate of return of 12%, what is the equivalent annual cost of the se..

  Do you have for jack regarding his credit card debt

Jack took a spring break trip and accumulated $2700 in expenses on his new credit card. He is in no position to pay off his debt and he has been paying the $120 minimum payment each month and the card has a 21% APR interest rate. What advice do you h..

  What is the company sustainable growth rate

The Wintergrass Company has an ROE of 13.7 percent and a payout ratio of 40 percent. What is the company’s sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

  Perpetual rate-what is the most you would pay per share

The dividend for Should I, Inc., is currently $1.50 per share. It is expected to grow at 16 percent next year and then decline linearly to a 4 percent perpetual rate beginning in four years. If you require a 12 percent return on the stock, what is th..

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