McKusker and Trout has annual sales of $649,200, cost of goods sold of $389,400, interest of $23,650, depreciation of $121,000, and a tax rate of 21 percent. What is the cash coverage ratio for the year?
All else constant, a(n) ______ will increase the internal ra…
All else constant, a(n) ______ will increase the internal rate of growth.
Park Resources has sales of $687,400, cost of goods sold of…
Park Resources has sales of $687,400, cost of goods sold of $454,200, and a net profit margin of 5.5 percent. The balance sheet shows common stock of $324,000 with a par value of $5 a share, and retained earnings of $689,500. What is the price-sales ratio if the market price is $43.20 per share?
Financial plans generally tend to ignore:
Financial plans generally tend to ignore:
Knightmare, Incorporated, will pay a dividend of $5.85, $9.9…
Knightmare, Incorporated, will pay a dividend of $5.85, $9.95, and$13.15 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of10.8 percent on the company’s stock. What is the current stock price?
A stock currently sells for $81. The dividend yield is 3.5 p…
A stock currently sells for $81. The dividend yield is 3.5 percent and the dividend growth rate is 4.8 percent. What is the amount of the dividend to be paid in one year?
You want a seat on the board of directors of Zeph, Incorpora…
You want a seat on the board of directors of Zeph, Incorporated. The company has 205,000 shares of stock outstanding and the stock sells for $78 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?
To fund your dream around-the-worldvacation, you plan to sav…
To fund your dream around-the-worldvacation, you plan to save $1,200 per year for the next 10 years starting one year from now. If you can earn an interest rate of 5.59 percent, how much will you have saved for your vacation?
Lawn Care, Incorporated, has sales of $367,400, costs of $18…
Lawn Care, Incorporated, has sales of $367,400, costs of $183,600, depreciation of $48,600, interest of $39,200, and a tax rate of 21 percent. The firm has total assets of $328,700, long-term debt of $62,400, and current liabilities of $76,300. What is the return on equity?
A firm has $856 in inventory, $1,765 in fixed assets, $681 i…
A firm has $856 in inventory, $1,765 in fixed assets, $681 in accounts receivable, $427 in net working capital, and $237 in cash. What is the amount of current liabilities?