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If you are an importer of goods and you need to make payment for the purchase of inventory before the close of business today, which of the below is the correct term for the exchange rate that you w
A firm has sales of $311,000 and net income of $21,600. Currently, there are 18,000 shares outstanding at a market price of $36 per share. What is the price-sales ratio?
This dividend increases at an average rate of 3.5% per year. The stock is currently selling for $62.10 a share. What is the market rate of return?
Your firm has net income of $245 on total sales of $1,080. Costs are $610 and depreciation is $120. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash
An individual has $40,000 invested in a stock with a beta of 0.4. If these are the only two investments in her portfolio, what is her portfolio's beta?
A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is?
A firm has common stock of $84, paid-in surplus of $200, total liabilities of $380, current assets of $330, and fixed assets of $540. What is the amount of the shareholders' equity?
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?