Digital Movement has a return on assets of 9 percent and a dividend payout ratio of 75 percent. What is the internal growth rate?
Which of the following actions could cause a company’s chang…
Which of the following actions could cause a company’s change in net working capital to be negative for a given year?
Ruiz Events has net income of $3,450 and total equity of $8,…
Ruiz Events has net income of $3,450 and total equity of $8,600. The debt-equity ratio is .60 and the payout ratio is 30 percent. What is the internal growth rate?
A company has a pension liability of $360,000,000 that it mu…
A company has a pension liability of $360,000,000 that it must pay in 21 years. If it can earn an annual interest rate of 3.2 percent, how much must it deposit today to fund this liability?
For a corporation that earned positive taxable income, which…
For a corporation that earned positive taxable income, which one of the following statements is correct?
Gupta Gourmet has a current market value of $26,400 and owes…
Gupta Gourmet has a current market value of $26,400 and owes its creditors $31,300. What is the market value of the shareholders’ equity?
A corporate bond is quoted at a price of 98.96 and has a cou…
A corporate bond is quoted at a price of 98.96 and has a coupon rate of 4.8 percent, paid semiannually. What is the current yield?
What is the future value of $2,650 per year for 19 years at…
What is the future value of $2,650 per year for 19 years at an interest rate of 6.75 percent?
The semiannual, 8-year bonds of Blum and Blum are selling at…
The semiannual, 8-year bonds of Blum and Blum are selling at par and have an effective annual yield of 8.6285 percent. What is the amount of each interest payment if the face value of the bonds is $1,000?
A 1-year loan of $15,000 is quoted at 6.7 percent plus 3 poi…
A 1-year loan of $15,000 is quoted at 6.7 percent plus 3 points. This loan is to be repaid in one lump sum. What is the actual cost of this loan?