A. What is you ANumber?  (it has an A followed by eight digi…

A. What is you ANumber?  (it has an A followed by eight digits…   12345678) Your cousin has borrowed $(123456) in student loans at 7.2% interest.  The loan is monthly for 10 years. B.  What is the monthly payment? C.  Use the last 2 digits  from you A number (A78) and calculate the balance of the loan after that payment. D.  Properly amortize the next 2 payments. (+8 if correct, -5 if amortization table is not correct)  

BBQ King is planning for a $5 Million capital expendature ne…

BBQ King is planning for a $5 Million capital expendature next year.  Their target capital structure is 60% Debt and 40% Equity. Net income is expected to be $3 Million.  The firm follows a strict residual dividend policy.   A. How much will the firm have available for Dividends? B.  What is the Dividend Payout Ratio?

An initiative has started that will increase sales by 8%.  T…

An initiative has started that will increase sales by 8%.  The firm has plenty of excess capacity to handle the added sales.  Your firm has the following information: Exhibit 1. Income Statement. Year Ended Fall 2025. Sales $40,118,000   Variable Operating Costs $16,542,000   Fixed Operating Costs $19,898,000 Operating Profit $3,678,000 Interest Expense $634,608 Taxable Income $3,043,392 Tax Expense $958,668 NET INCOME $2,084,724     Exhibit 2. Balance Sheet. Fall 2025. Current Assets:   Cash $789,000   Receivables $3,901,000   Inventory $3,002,000   Short term investments  $1,209,000 Total Current Assets $8,901,000   Net Fixed Assets $10,203,000 TOTAL ASSETS $19,104,000 Liabilities:     Payables $2,109,000   Short Term Notes $1,932,000   Accrued Expenses $1,200,000 Total Current Liabilities $5,241,000   Long Term Debt $4,895,000 Total  Liabilities $10,136,000   Common Stock $6,000,000   Retained Earnings $2,968,000 Total Equity $8,968,000 TOTAL LIAB. + EQUITY $19,104,000 ..Consider the Additional Financing Needed Formula (AFN)  A.   What is the Value of A*? B.  What is the vaue of L*? C.   How much additional financing is needed?