A firm is currently operating at 78 percent of capacity. Next year’s pro forma statement is based on an annual increase in sales of 5 percent. Net working capital and all costs vary directly with sales. The tax rate and the dividend payout ratio are fixed. Given this information, the:

The retention ratio can be computed as:

The cash coverage ratio directly measures the ability of a company to meet its obligation to pay:

According to the statement of cash flows, an increase in interest expense will ______ the cash flow from ______ activities.

You are purchasing a 15-year, zero coupon bond. The yield to maturity is 6.85 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding.

Eastside Vintage has a net profit margin of 6.2 percent, a payout ratio of 30 percent, an ROA of 14.2 percent, and an ROE of 18.6 percent. This firm maintains a constant payout ratio and is currently operating at full capacity. What is the maximum rate at which the firm can grow without acquiring any additional external financing?

You have $6,000 and will invest the money at an interest rate of .23 percent per month until the account is worth $11,200. How many years do you have to wait until you reach your target account value?

Brusewitz Drilling has annual sales of $96,700, a net profit margin of 7.45 percent, and a payout ratio of 40 percent. The firm has $11,500 of debt and owners’ equity of $31,200. What is the internal growth rate for this firm assuming the payout ratio remains constant?

Rick deposited $3,200 into an account 13 years ago for an emergency fund. Today, that account is worth $5,540. What annual rate of return did Rick earn on this account assuming no other deposits and no withdrawals?

You expect to receive $3,800 upon your graduation and will invest your windfall at an interest rate of .57 percent per quarter until the account is worth $5,275. How many years do you have to wait until you reach your target account value?