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The firm's stock price increased 17 percent on the first day of trading. What was the total cost to the firm of issuing the securities?
How much does Dynamo currently pay in interest, and how much will it have to pay after the restructuring in the prior problem, assuming that the cost of debt is constant?
Recreational Supplies Co. has net sales of $10,815,310, an ROE of 21.06 percent, and a total asset turnover of 3.00 times. If the firm has a debt-to-equity ratio of 1.34, what is the company's net i
Grossman Enterprises has an equity multiplier of 2.31 times, total assets of $2,014,436, an ROE of 16.50 percent, and a total assets turnover of 2.41 times. Calculate the firm's sales and ROA.
Cisco Systems has total assets of $4.439 billion, total debt of $2.667 billion, and net sales of $1.721 billion. Its net profit margin for the year is 20 percent, while the operating profit margin i
For the year ended March 31, 2011, the company had revenues of $953,757, general and administrative expenses of $313,753, depreciation expenses of $131,455, leasing expenses of $108,195, and interes
Sosa Corporation recently reported an EBITDA of $31.9 million and net income of $9.7 million. The company had $6.8 million in interest expense, and its corporate tax rate was 35 percent. What was it
Assume that the firm has a tax rate of 35 percent. Compute the cash flows to investors from operating activity.
What is the fee the company must pay on the unused balance? What is the effective interest rate?
Devon Automotive estimates that it takes the company about 62 days to collect cash from customers on finished goods from the day it receives raw materials, and it takes about 67 days to pay its supp
Northern Manufacturing Company found that during the last year, it took an average of 53 days to pay its suppliers, while it took 56 days to collect its receivables. The company's days' sales in inv
Sybex Corp. sells its goods with terms of 3/8 EOM, net 30. What is the implicit cost of the trade credit?
Maltz Landscaping has an average collection period of 33 days for its accounts receivable. Currently, Maltz factors all of its receivables at a 5 percent discount. What is the effective annual inter
Rosenthal Design has daily sales of $37,909. The financial management team determined that a lockbox would reduce the collection time by 1.3 days. Assuming the company can earn 7.1 percent interest
You will save $260,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $85,000 (this is a one-time reduction). If the tax rate is 30 percent, what
Discuss the recent privacy issues that challenged Facebook. Will privacy restrictions limit its ability to offer personal marketing opportunities?
List at least two actions that Emily and Paul could take to accumulate more of their retirement (think about i and n).
Which ground modification methods may be used to address this problem, and which methods are appropriate for stabilizing this type of soil?
You have three stocks in your portfolio. $10,000 is invested in a stock with a beta of 1.50 and $15,000 is invested in a stock with a beta of 1.00, and $25,000 is invested in a stock with a beta of
He can afford to save $4,100 per month for the next 10 years. If he can earn a 10 percent EAR before he retires and a 7 percent EAR after he retires, how much will he have to save each month in year
Rochester, Inc. has 7,500 shares of stock outstanding at a market price of $42 each and earnings per share of $1.90. The firm has decided to repurchase $63,000 worth of stock. What will the PE ratio
You own a $222,000,000 portfolio that is invested in Stocks A and B. The portfolio beta is equal to the market beta. Stock A has an expected return of 18.7 percent and has a beta of 1.42. Stock B ha
All net working capital will be recouped when the project terminates. What is the cash flow related to the net working capital for the last year of the project?
Has your firm or one that you know well outsourced to a foreign company, if so, what are the key considerations and management challenges?
A cost-cutting project will decrease costs by $58,500 a year. The annual depreciation on the project's fixed assets will be $10,300 and the tax rate is 34 percent. What is the amount of the change i