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Foreign Travel Services has net income of $48,400, total assets of $219,000, total equity of $154,800, and total sales of $311,700. What is the common-size percentage for the net income?
Atlas Tire Irons, Inc. is considering borrowing $5,000 for a 90-day period. The firm will repay the $5,000 principal amount plus $150 in interest. What is the effective annual rate of interest?
A stock's returns have the following distribution. demand for the company's products probability of this demand occurring rate of return if this demand occurs. Calculate the stock's expected return.
The following profit information was taken from Eastside Hospital's budget data: Simple budget$1,200,000 Flexible budget$1,000,000 Actual results$ 500,000 What is the flexible profit variance?
What is the difference in the effective annual rates charged by the two banks?
The company paid $378 in dividends and has net working capital of $100. Net fixed assets are $18,550 and current liabilities are $520. What is the total equity of the firm?
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people
What was his return on the investment? What is the total deduction you can take on your federal income tax return?
A project requires a net investment of $450,000. It has a profitability index of 1.25 based on the firm's 12 percent cost of capital. Determine the net present value of the project.
Dividend Changes may be used by management as a credible communication tool signal investors about future earnings under which of the following dividend policy theories?
The required return on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? why?
If a $100 par value preferred stock pays an annual dividend of $5 and comparable yields are 10 percent, the price of this preferred stock will be?
If a preferred stock pays an annual $4.50 dividend, what should be the price of the stock if comparable yields are 10 percent? What would be the loss if yields rose to 12 percent?
"The valuation of any financial asset is related to future cash flows.: Why? How? How is the time value of money related to the value of financial assets? Why should a financial manager understand
When the literature states that there is information in the stock market volatility which is relevant for explaining documented return anomalies, what anomaly is it referring to? How is the anoma
Compute book value (net worth) per share. If there is $50,600 in earnings available to common stockholders and the firm's stock has a P/E of 26 times earnings per share, what is the current price o
You are analyzing a company that has cash of $11,200, accounts receivable of $27,800, fixed assets of $124,600, accounts payable of $31,300, and inventory of $56,900. What is the quick ratio?
JPM Corporation common stock has a beta of 1.2. The risk-free rate is 6%, and the market return is 11%. Derive the risk premium on JPM common stock.
You purchase machinery for $23,958 that generates cash flow of $6,000 for five years. What is the internal rate of return on the investments?
A $36,000 portfolio is invested in a risk-free security and two stocks. The beta of stock A is 1.29 while the beta of stock B is 0.90. One-half of the portfolio is invested in the risk-free security
The company currently pays a $2.10 cash dividend and has a 6 percent growth rate. What are the costs of retained earnings and new common stock?
A compact disc costs $15 in the United States. If purchasing power parity holds, what should be the price of the same disc in Mexico?
Pelamed Pharmaceuticals has EBIT of $300 million in 2006. In addition, Pelamed has interest expenses of $90 million and a corporate tax rate of 35%. What is Pelamed's 2006 net income?
A firm has net income of $100, dividends of $35, assets of $4000, and a debt equity ratio of 4.0. what is the sustainable growth rate?