Reference no: EM132495008
Question - The following information pertains to Swifty Corporation. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.
Assets
Cash and short-term investments $ 64000
Accounts receivable (net) 26000
Inventory 23000
Property, plant and equipment 217000
Total Assets $330000
Liabilities and Stockholders' Equity
Current liabilities $74000
Long-term liabilities 88000
Stockholders' equity-common 168000
Total Liabilities and Stockholders' Equity $330000
Income Statement
Sales revenue $83000
Cost of goods sold 50000
Gross profit 33000
Operating expenses 15000
Net income $ 18000
Number of shares of common stock 15000
Market price of common stock $25
Dividends per share on common stock 8
Cash provided by operations $35000
Required - What is the return on common stockholders' equity for this company?
|
Cash flows for two mutually exclusive projects
: Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, which of the following statements is true?
|
|
What is the npv of the project-red hills company
: Red Hills Company is evaluating the proposed acquisition of a new production machine. The machine's base price is $260,000, and installation costs would amount
|
|
Calculate the required return on king farm manufacturing
: If the risk-free rate is 3.76 percent, and the market return is 9.86 percent, calculate the required return on King Farm Manufacturing's common stock.
|
|
Spot exchange rate settles
: You enter into a Non Deliverable Forward (NDF) short (sell) position on €1,000. At maturity, the spot exchange rate settles at $1.60/€. How much did you gain or
|
|
What is the return on common stockholders equity
: Assume that all balance sheet amounts represent both average and ending balance figures. What is the return on common stockholders equity
|
|
Quotes for usd-jpy 3-month forward rates
: Given the following information, what should be the quotes for USD/JPY 3-month forward rates? (Assume the interest rates are periodically compounded.)
|
|
Determine depreciation expense for the first two years
: A pressurized spray painter was purchased on April 1 of the fiscal year for $3,900. Determine depreciation expense for the first two years
|
|
Intrinsic value of the call and the put options
: What is the value of a put option written on the same stock having the same maturity and exercise price?
|
|
What is total value assigned to the new piece of equipment
: The new piece of equipment is expected to have a 10 year life and a salvage value of $15,000. What is the total value assigned to the new piece of equipment
|