The financial statements of GOLDEN Corp. are shown below. GOLDEN Corp.Income Statement 2018 Sales $9,300,000 Cost of Goods Sold 5,750,000 Depreciation Expense 550,000———————– Gross Profit $3,000,000 Selling and Administrative Expenses 2,200,000———————– EBIT $800,000 Interest Expense 200,000———————– Income before Tax $600,000 Taxes 375,000———————– Net Income $225,000 GOLDEN Corp.Comparative Balance Sheets 2018 2017 Cash $50,000 $40,000 Accounts Receivable 570,000 600,000 Inventory 530,000 460,000 Total Current Assets ———————$1,150,000 ——————–$1,100,000 Fixed Assets 2,050,000——————— 1,400,000 ——————- Total Assets $3,200,000 ___________________ $2,500,000 __________________ Accounts Payable $320,000 $300,000 Bank Loans 480,000———————- 400,000———————- Total Current Liabilities $800,000 $700,000 Long-term Bonds 1,500,000———————- 1,000,000———————- Total Liabilities $2,300,000 $1,700,000 Common Stock (100,000 shares) 200,000 200,000 Retained Earnings 700,000———————– 600,000———————- Total Equity $900,000———————– $800,000———————- Total Liabilities and Equity $3,200,000 $2,500,000 Note: The common shares are trading in the stock market for $15 per share.Refer to the financial statements of GOLDEN Corp. The firm’s P/E ratio for 2018 is _________.
A T-bill quote sheet has T-bill with maturity [t] days from…
A T-bill quote sheet has T-bill with maturity days from today. The bid is and the ask is . If the bill has a $10,000.00 face value, an investor could buy this bill for $________. *Please state your answer rounding to the nearest two decimals. *Remember banks use Bank Discount Yield, and thus 360-basis. There is no need to convert to Bond Equivalent Yield (365-day basis).
Assume the Chinese Yuan ***decreases*** in value against th…
Assume the Chinese Yuan ***decreases*** in value against the U.S. dollar. In such case, we should expect the Chinese computer manufacturer ZhongGuo-Tech to either _____________ on its U.S. sales.
FB has reported a net income of $[ni] for the year. The comp…
FB has reported a net income of $ for the year. The company’s share price is $, and the company has shares outstanding. Compute the firm’s price-earnings ratio. Round your final answer to the nearest two decimals if needed. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx
The financial statements of GOLDEN Corp. are shown below. …
The financial statements of GOLDEN Corp. are shown below. GOLDEN Corp.Income Statement 2018 Sales $9,300,000 Cost of Goods Sold 5,750,000 Depreciation Expense 550,000———————– Gross Profit $3,000,000 Selling and Administrative Expenses 2,200,000———————– EBIT $800,000 Interest Expense 200,000———————– Income before Tax $600,000 Taxes 375,000———————– Net Income $225,000 GOLDEN Corp.Comparative Balance Sheets 2018 2017 Cash $50,000 $40,000 Accounts Receivable 570,000 600,000 Inventory 530,000 460,000 Total Current Assets ———————$1,150,000 ——————–$1,100,000 Fixed Assets 2,050,000——————— 1,400,000 ——————- Total Assets $3,200,000 ___________________ $2,500,000 __________________ Accounts Payable $320,000 $300,000 Bank Loans 480,000———————- 400,000———————- Total Current Liabilities $800,000 $700,000 Long-term Bonds 1,500,000———————- 1,000,000———————- Total Liabilities $2,300,000 $1,700,000 Common Stock (100,000 shares) 200,000 200,000 Retained Earnings 700,000———————– 600,000———————- Total Equity $900,000———————– $800,000———————- Total Liabilities and Equity $3,200,000 $2,500,000 Note: The common shares are trading in the stock market for $15 per share.Refer to the financial statements of GOLDEN Corp. The firm’s P/E ratio for 2018 is _________.
An investor pays $[price] for a bond. The bond has an annual…
An investor pays $ for a bond. The bond has an annual coupon rate of %. What is the current yield on this bond? *Hint: The Face Value of this Bond is $1,000.00 State your answer as percentage and not decimal (i.e. 5.21 and not 0.052). Please do not include the % symbol.
A zero-coupon bond has a yield to maturity of [r]% and a fac…
A zero-coupon bond has a yield to maturity of % and a face value of $1,000. If the bond matures in years, it should sell for a price of __________ today. Do not type the $ symbol. Round your answer to the nearest two-decimals. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx
An empty parallel-plate capacitor has a plate separation of…
An empty parallel-plate capacitor has a plate separation of 6×10-4m{“version”:”1.1″,”math”:”6×10-4m”} and a 1.8 cm ×2.4 cm{“version”:”1.1″,”math”:”1.8 cm ×2.4 cm”} rectangular cross-section. If it is connected across 9V battery, then what is the energy stored in this capacitor?
Which of these letters best represents an isotonic solution?
Which of these letters best represents an isotonic solution?
Match the name of each membrane-bound organelle with the bes…
Match the name of each membrane-bound organelle with the best description of its function(s). Note: There are more organelle choices than descriptions. Each description matches only ONE organelle choice. Credit is awarded for each correct match. Each organelle is listed in the singular form .