QUESTION LIFESAVER for work shown!Linear Technology had sales (all on credit) of $36 million and a gross profit margin of 30% last year. If Linear Technologys inventory averaged $3.9 million, and its accounts receivable were $5.0 million, what was the length of its operating cycle? This ratio indicates the time between acquisition of inventory and […]
Date: September 2nd, 2020
QUESTION I need this by Sunday, if Possible, and thanks ahead of time for agreeing to help me.Be sure to read Chapters 21 of Mayo, H.B. (2007), Basic finances: An introduction to financial institutions, investments, Individual Assignment Weighted Average Cost of CapitalBe sure to c WACC is easydont let it scare you WACC answers this […]
Date: September 2nd, 2020
QUESTION BALANCE SHEETCash 2,000,000 Accounts Payable and Accruals 18,000,000Accounts Receivable 28,000,000 Notes Payable 40,000,000Inventories 42,000,000 Long-Term Debt 60,000,000Preferred Stock 10,000,000Net Fixed Assets 133,000,000 Common Equity 77,000,000Total Assets 205,000,000 Total Claims 205,000,000& Well you have quite the capital budgeting problem here, complete with plenty of irrelevant and relevant cash flows. When you are trying to analyze […]
Date: September 2nd, 2020
QUESTION Michaels ltd has just paid ordinary shareholders an annual dividend amount of $1.75 per share and management has announced that it expects future dividends to grow at 4% per annum. The companys ordinary shares are currently selling in the market for $29.50.a) what is the expected rate of return from Market price of the […]
Date: September 2nd, 2020
QUESTION Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investments coefficient of variation?Desreumaux Incs stock has an expected return of 12.25%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 5.00%, what is the m Part 1: […]
Date: September 2nd, 2020
QUESTION (Operating leverage) Rocky Mount Metals Company manufacturers an assortment of wood-burning stoves. The average selling price for the various units is $500. The associated variable cost is $350 per unit. Fixed costs for the firm average $180,000 annually.a. What is the break-even point in units for Cont pu = Sales price pu Var cost […]
Date: September 2nd, 2020
QUESTION Florida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: 5%,15%, 20%; MC: 8%, 8%, 20%. If FC and MC are combined in a portfolio with 50% of the funds invested in each, calculate the expected return on the portfolio. The mean is […]
Date: September 2nd, 2020
QUESTION Nachman Industries just paid a dividend of D0 = $1.32. Analysts expect the companys dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the […]
Date: September 2nd, 2020
QUESTION Balance Sheet PreparationFrom the following data, prepare a classified balance sheet for Taylorsville ConstructionCompany at December 31, 2009.Accounts payable . . . . . . . . . . . . . . . . . . . . . . $ 74,300Accounts receivable . . . . . . . . . . […]
Date: September 2nd, 2020
QUESTION Taste good chocolates develops a new candy bar and plans to sell this bar for $1. Taste good predicts that 1 million candy bars will be sold in the first year if the new candy bar is produced and sold, and includes $1 million of incremental revenues in its capital budgeting analysis. A senior […]
Date: September 2nd, 2020
