A company has net working capital of $1,726. If all its current assets were liquidated, the company would receive $5,663. What are the company’s current liabilities?
Crossfade Corporation has a bond with apar value of $2,000 t…
Crossfade Corporation has a bond with apar value of $2,000 that sells for $1,877.04. The bond has a coupon rate of 6.45 percent and matures in 11 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Treasury bonds are:
Treasury bonds are:
There is a bond that has a quoted price of 98.137 and a par…
There is a bond that has a quoted price of 98.137 and a par value of $2,000. The coupon rate is 7.14 percent and the bond matures in 16 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Hoodoo Voodoo Company has total assets of $64,500, net worki…
Hoodoo Voodoo Company has total assets of $64,500, net working capital of $19,450, owners’ equity of $31,610, and long-term debt of $22,090. What is the company’s current assets?
Western Bank offers you a $12,000, 6-year term loan at 7 per…
Western Bank offers you a $12,000, 6-year term loan at 7 percent annual interest. What is the amount of your annual loan payment?
A six-year, $1,000 face value bond issued by Nguyen Corporat…
A six-year, $1,000 face value bond issued by Nguyen Corporation pays interest semiannually on February 1 and August 1. Assume today is October 1. What is the current difference, if any, between this bond’s clean and dirty prices?
AB Builders, Incorporated, has 21-year bonds outstanding wit…
AB Builders, Incorporated, has 21-year bonds outstanding with a par value of $2,000 and a quoted price of 105.502. The bonds pay interest semiannually and have a yield to maturity of 6.71 percent. What is the coupon rate?
For the past year, Momsen Limited had sales of $44,237, inte…
For the past year, Momsen Limited had sales of $44,237, interest expense of $2,996, cost of goods sold of $14,734, selling and administrative expense of $10,721, and depreciation of $4,820. If the tax rate was 21 percent, what was the company’s net income?
Lincoln Park Company has a bond outstanding with a coupon ra…
Lincoln Park Company has a bond outstanding with a coupon rate of 5.84 percent and semiannual payments. The yield to maturity is 6.1 percent and the bond matures in 25 years. What is the market price if the bond has a par value of $2,000?