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What is the relative tax advantage of corporate debt if the corporate tax rate is Tc = .35, the personal tax rate is Tp =.35, but all equity income is received as capital gains and escapes tax entir
At an interest rate of 10 percent and using the Rule of 72, how long will it take to double the value of a lump sum invested today?
What is the present value of $38,000 to be received in 8 years if interest rates are 10.1% and interest is compounded 3 times per year? Show work.
What is the present value of $1,500.00 per year for 8 years discounted back to the present at 6%?
Your car dealer is willing to lease you a new car for $245 a month for 48 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of
The Good Life store has sales of $79,600. the cost of goods sold is $48,200 and the other costs are $18,700. Depreciation is $8,300 and the tax rate is 34 percent. What is the net income?
Would long-range financial planning be more important for a capital intensive company, such as a heavy equipment manufacturer, or an import-export business? Why?
Slighty Used Goods has Cash of $2,150 inventory of $28,470, fixed assets of $9,860, accounts payable of $11,900, and account receivable of $4,660. What is the cash ratio?
Calculate the price of each bond if the current 10 year interest rate is 3%. Calculate the duration of each bond.
Calculate the duration of a one-year fixed payments loan with monthly payments of $150 and yield to maturity of 12%.
Based on the following information, calculate the sustainable growth rate for Kovalev's Kickboxing: What is the ROE here?
Imagine a startup company of your own and briefly trace its development from a sole proprietorship to a major corporation with a focus on how that development would be financed.
If the value of the merger is estimated at $9.00 per share and Anacott has 1,000,000 shares outstanding, what equity discount rate must the firm be using to value this acquisition?
The product's sales price is $4.00. What is the company's breakeven point? At what unit sales volume would its income equal its cost?
In view of MMG's strong financial position, its required rate of return is 11%. If dividends are expected to grow at a constant rate in the future, What is the firm's expected stock price in five ye
Suppose the December CBT Treasury bond futures contract has a quoted price of 103-18. If annual interest rates go up by 3.00 percentage point, what is the gain or loss on the futures contract?
ABC has an ROA of 5.3 percent, a profit margin of 3.2 percent, and an ROE of 18.6 percent. What is the company's equity multiplier?
Stock B has an expected return of 18.1%. What is the expected return on the porftfolio if the portfolio value is $10,000?
The following selected information is taken from the records of Beckstrom Corporation.
ABC has an ROA of 5.1 percent, a net profit margin of 2.9 percent, and an ROE of 21.5 percent. What is the company's debt ratio?
While the actual processing of Job 2 was not affected by automation, it received an increase of $3,000 in its overhead allocation.
Suppose the current exchange rate for the Russian ruble is RUB 34.50. What is the difference in the annual inflation rates for the United States and Russia over this period?
Kritzberg Company sells a product at $60 per unit that has unit variable costs of $40. The company's break-even sales volume is $120,000. How much profit will the company make if it sells 4,000 unit
Describe balance sheets, income statements, retained earnings statment, statement cash flows.
Apple's 9% annual coupon bond has 10 years until maturity and the bonds are selling in the market for $890. the firm's tax rate is 36%. What is the firm's after-tax cost of debt?