You’ve observed the following returns on Pryor Farm Produce stock over the past five years: 8 percent, −5 percent, 16 percent, 12 percent, and 8 percent. What is the variance of these returns?

At an output level of 22,500 units, you calculate that the degree of operating leverage is 1.37. What will be the percentage change in operating cash flow if the new output level is 25,000 units?

Hasten Mills has beginning inventory of $11,062, accounts payable of $8,010, and accounts receivable of $7,844. The end-of-year values are $11,362 for inventory, $7,898 for accounts payable, and $8,029 for accounts receivable. Net sales are $109,100 and costs of goods sold are $56,220. How many days are in the cash cycle?

A project has cash flows of –$343,200, $56,700, $138,500, and $245,100 for Years 0 to 3, respectively. The required rate of return is 10.5 percent. Based on the internal rate of return of _____ percent for this project, you should _____ the project.

Landry’s has a beginning cash balance of $318 on March 1. Projected sales are $720 for February, $850 for March, and $980 for April. The cost of goods sold is equal to 57 percent of sales with goods being purchased one month prior to the month of sale. The accounts payable period is 45 days and the accounts receivable period is 20 days. The firm has monthly cash expenses of $274. What is the projected ending cash balance at the end of March? Assume every month has 30 days.

Dee’s Toys has a target debt-equity ratio of .62. Its WACC is 11.3 percent and the tax rate is 21 percent. What is the cost of equity if the aftertax cost of debt is 6.3 percent?

The outstanding bonds of Harden Fitness are priced at $1,014.66 and mature in 5 years. These bonds have a face value of $1,000, a coupon rate of 4.5 percent, and pay interest semiannually. The tax rate is 21 percent. What is the aftertax cost of debt?

Ducazau Shipping has 700,000 shares outstanding, which are trading for $23.63 per share. Using the firm’s required rate of return of 17 percent, a project has an NPV of $202,000. All else constant, if the project is accepted, the stock price per share would be expected to:

In a booming economy, the stock of Pattee Productions is expected to return 17 percent. It is expected to return 9 percent in a normal economy and will decline 18 percent in a recessionary economy. The probability of a recession is 18 percent while the probability of a boom is 22 percent. What is the standard deviation of the returns on this stock?

A trade discount of 2/5th, EOM terms: