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Based only on your answers to question #1, do you think the company acheived its sales goal of +10% annual revenue growth in 2009? Determine the target revenue figure, and explain why you do or do n
Identify one important difference between these two measures of a firm's financial condition. In your post, be sure to note whether the factor you noted either adds to or detracts from cash flow.
North Side Corporation is expected to pay the following dividends over the next four years: $8, $7, $5, and $2. Afterward, the company pledges to maintain a constant 5 percent growth rate in dividen
The bonds issued by Stainless Tubs bear a 6 percent coupon, payable semiannually. The bonds mature in 11 years and have a $1,000 face value. Currently, the bonds sell for $989. What is the yield to
Explain why the geometric and arithmetic mean returns are not equal and whether one or the other may be more useful for investment decision making.
Discuss the impact of Standard & Poor's downgrading the U.S. credit rating in 2011. Address current and likely future impact on U.S. business, individuals, the global economy and current financi
The company's retained earnings are adequate to provide a common equity portion of its capital budget. Its expected dividend next year is $3.00, and the current stock price is $35.00. What is the co
What level of correlation did you expect? How did you your expectations compare with the computed correlation? Would these two stocks offer a good chance for diversification? Why or why not?
Bowa Construction's days sales outstanding is 50 days (on a 365-day basis). The company's accounts receivable equal $100 million and its balance sheet shows inventory equal to $125 million. What is
Ashwell Corp has $1,600,000 of sales, $200,000 of inventories, $150,000 of receivables, and $100,000 of payables. Its cost of goods sold is 70% of sales. What is Ashwell's cash conversion cycle (CCC
List and explain the points of financial impact on a company if it raises the credit standards required of its customers who utilized trade credit offered by the company.
Sambonoza Enterprises projects its sales next year to be $4 million and expects to earn 5 percent of that amount after taxes. The firm is currently in the process of projecting its financing needs a
QPT paid a $3 per share dividend yesterday (D0 = $3). The dividend is expected to grow at 7 percent per year for the foreseeable future. QPT has a beta of 1.6, a standard deviation of returns of 28
Assume that Japan places a strict quota on goods imported from the U.S. and the U.S. places a strict quota on goods imported from Japan. This even should immediately cause the U.S. demand for Japane
What is the realized rate of return for those investors who bought the bonds for $1,000 when they were issued?
The correlation between their returns is 0.6. What is the minimum variance hedge ratio for hedging the investment manager's portfolio using equity index futures?
Calculate the share price today at the beginning of each of the next 4 years. Calculate the dividend yield and capital gain yield for each year. Does the dividend yield plus the capital gain yield equ
Weisbro and Sons common stock sells for $22 a share and pays an annual dividend that increases by 6 percent annually. The market rate of return on this stock is 9 percent. What is the amount of the
Based on five years of monthly data, you derive the following information for the companies listed: Compute the beta coefficient for each stock
The annual rate of inflation during the period was 2.9%. Compute the real rate of return on these investment alternatives.
You are considering an annuity which costs $100,000 today. The annuity pays $6,000 a year. The rate of return is 4.5%. What is the length of the annuity time period?
ComChip is a computer chip manufacturer. Its stock is selling at $50 per share. Estimated earnings next year total $200,000. The company currently has 100,000 shares of common stock outstanding and
Suppose 10-year T-bonds have a yield of 5.30% and 10-year corporate bonds yield 6.75%. Also, corporate bonds have a 0.25% liquidity premium versus a zero liquidity premium for T-bonds, and the matur
What ethical and cultural issues should considered to be important in Finance and Accounting for Managers, and how have they impacted your views of global business
What is the purpose of a Balance Sheet? What information does it provide?