Barker Fabricating is operating at 79 percent capacity and earning a substantial profit. An increase in sales is least likely to increase the firm’s:
Arcs and Triangles paid an annual dividend of $1.47 per shar…
Arcs and Triangles paid an annual dividend of $1.47 per share last month. The company is planning on paying $1.52, $1.58, and $1.60 per share over the next three years, respectively. After that, the dividend will be constant at $1.65 per share per year. What is the market price of this stock if the market rate of return is 12 percent?
Williams & Gillespie has net fixed assets of $36,200, total…
Williams & Gillespie has net fixed assets of $36,200, total assets of $51,300, long-term debt of $22,000, and total debt of $29,700. What is the net working capital to total assets ratio?
You hope to buy your dream car five years from now. Today, t…
You hope to buy your dream car five years from now. Today, that car costs $62,500. You expect the price to increase by an average of 2.9 percent per year. How much will your dream car cost by the time you are ready to buy it?
Russell United has 28,500 shares of stock outstanding and ha…
Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting?
Ruff Games just paid its annual dividend of $3.00. The firm…
Ruff Games just paid its annual dividend of $3.00. The firm plans to increase its dividend by 13 percent for the next 3 years and then maintain a constant 5 percent rate of dividend growth. The required return is 8.75 percent. What is the current value per share of this stock?
Bob has been investing $2,750 in stock at the end of every y…
Bob has been investing $2,750 in stock at the end of every year for the past 12 years. If the account is currently worth $64,800, what was his annual return on this investment?
A company has net working capital of $856. Long-term debt is…
A company has net working capital of $856. Long-term debt is $4,429, total assets are $6,669, and fixed assets are $4,299. What is the amount of total liabilities?
Johnston & Chu started the year with $650,000 in the common…
Johnston & Chu started the year with $650,000 in the common stock account and $1,318,407 in the additional paid-in surplus account. The end-of-year balance sheet showed $720,000 and $1,299,310 in the same two accounts, respectively. What is the cash flow to stockholders if the firm paid $68,500 in dividends?
When constructing a pro forma statement, net working capital…
When constructing a pro forma statement, net working capital generally: