Broward Manufacturing recently reported the following information: Net income $558,000 ROA 10% Interest expense $184,140 Accounts payable and accruals $950,000 Broward's tax rate is 25%. Broward finances with only debt and common equity, so it has no preferred stock. 40% of its total invested capital is debt, and 60% of its total invested capital is common equity. Calculate its basic earning power (BEP), its return on equity (ROE), and its return on invested capital (ROIC). Do not round intermediate calculations. Round your answers to two decimal places.

BEP: %

ROE: %

ROIC: %

Assume sales for Peach Street Industries are expected to increase by 9.00% from 2015 to 2016. Peach Street is operating at full capacity currently and expected assets-to-sales and spontaneous liabilities-to-sales to remain the same. Additionally, the firm is looking to maintain their 2015 net profit margin and dividend payout ratios for 2016. The firm’s tax rate is 37.00% and selected income statement and balance sheet information for 2015 is provided below: Entry Value Entry Value Current Assets $800.00 Sales $2,500.00 Net Fixed Assets (NFA) $700.00 Operating Costs $2,030.00 Total Assets $1,500.00 Depreciation $90.00 Accounts Payable and Accruals $30.00 Interest Expense $69.00 Notes Payable $180.00 Dividends Paid $93.30 Long term debt $510.00 Total Equity $780.00

The firm is projecting sales growth of 10% from 2015 to 2016. If the firm did not have access to or did not want to use external capital sources to grow sales, what is the maximum rate of sales growth (self-sustaining growth rate) could the firm could achieve under these conditions?

You’re looking to buy a 2018 Ford Fusion Titanium with sunroof and leather seats at a price of $32,000. Being a poor college student, you have cash to pay taxes, title, license & fees but your parents offer to give you 10% of the price, $3200, as a down payment and you need to finance the remainder of $28,800. You smartly researched your finance options and got pre-approval at a 3.3% APR for 60 months on your own so you’re not at the mercy at depending on financing from the car dealership. Ford is offering 0% APR financing or $2,750 cash back which would be used as an additional down payment that reduce that amount that you would need to finance. You would use your 3.3% APR pre-approved financing if you elect the $2750 cash back option. Answer the following questions.

3. At what APR would you be indifferent between the two offers? In other words, at what APR would you have the same monthly payment (assuming a 60-month loan term) for the $2750 cash back offer as you would with the 0% APR financing offer?

4. Let’s assume you go with the offer in question #2 (What would be your monthly car loan payment under the Ford’s $2,750 cash back offer and your 3.3% APR pre-approved financing (assume a 60-month loan term)? . Construct an amortization schedule for the loan for all 60 monthly payments. What is your loan balance after 36 months?

Bullock Gold Mining Seth Bullock, the owner of Bullock Gold Mining, is evaluating a new gold mine in South Dakota. Dan Dority, the company’s geologist, has just finished his analysis of the mine site. He has estimated that the mine would be productive for eight years, after which the gold would be completely mined. Dan has taken an estimate of the gold deposits to Alma Garrett, the company’s financial officer. Alma has been asked by Seth to perform an analysis of the new mine and present her recommendation on whether the company should open the new mine. Year Cash Flow 0 −$625,000,000 1 70,000,000 2 129,000,000 3 183,000,000 4 235,000,000 5 210,000,000 6 164,000,000 7 108,000,000 8 86,000,000 9 − 90,000,000 Alma has used the estimates provided by Dan to determine the revenues that could be expected from the mine. She also has projected the expense of opening the mine and the annual operating expenses. If the company opens the mine, it will cost $625 million today, and it will have a cash outflow of $90 million nine years from today in costs associated with closing the mine and reclaiming the area surrounding it. The expected cash flows each year from the mine are shown in the nearby table. Bullock Gold Mining has a 12 percent required return on all of its gold mines. QUESTIONS Construct a spreadsheet to calculate the payback period, internal rate of return, modified internal rate of return, and net present value of the proposed mine. Based on your analysis, should the company open the mine? Bonus question: Most spreadsheets do not have a built-in formula to calculate the payback period. Write a VBA script that calculates the payback period for a project.

Calculate the Dollar Price quotes of the Treasury Securities in the adjacent table

Meg's pension plan is an annuity with a guaranteed return of 4% per year (compounded quarterly). She would like to retire with a pension of $30,000 per quarter for 25 years. If she works 41 years before retiring, how much money must she and her employer deposit each quarter? (Round your answer to the nearest cent.)

Determine the accumulated amount of an annuity consisting of 10 payments of P20,000 each.
The payment is made at the beginning of each month. Money is worth 10% compounded
semi-annually.

*CASH FLOW Diagram Needed

Mountain Frost is considering a new project with an initial cost of $270,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is $21,300, $22,200, $24,600, and $18,200, respectively. What is the average accounting return?

A) 14.65% B) 15.98% C) 7.99% D) 11.99% E) 17.12%

1. In a modified gross lease…

2. Net operating income (NOI) represents...

3. Effective Gross Income is determined by Potential Gross Income after adjusting for ...