Estes Park Corp. pays a constant $1.43 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. If the required return on this stock is 9.59 percent, what is the current share price?

Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.

Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary.

1. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes.

   2018	$    million
   2019	$    million

2. What was Arlington's 2019 free cash flow?

   $    million

3. Construct Arlington's 2019 statement of stockholders' equity.

   Statement of Stockholders' Equity, 2019
   	Common Stock		Retained Earnings	Total Stockholders' Equity
   	Shares	Amount
   Balances, 12/31/18	million	$    million	$    million	$    million
   2019 Net Income			million
   Cash Dividends			million
   Addition to retained earnings				million
   Balances, 12/31/19	million	$    million	$    million	$    million

4. What was Arlington's 2019 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent.

   $    million

5. What was Arlington's MVA at year-end 2019? Assume that its stock price at December 31, 2019 was $25. Round your answer to the nearest cent.

   $    million

Maggie’s Skunk Removal Corp.’s 2018 income statement listed net sales of $14.1 million, gross profit of $9.00 million, EBIT of $7.2 million, net income available to common stockholders of $4.8 million, and common stock dividends of $2.8 million. The 2018 year-end balance sheet listed total assets of $54.1 million and common stockholders' equity of $22.6 million with 2.0 million shares outstanding.

Calculate the gross profit margin. (Round your answer to 2 decimal places.)

Calculate the operating profit margin. (Round your answer to 2 decimal places.)

Calculate the profit margin. (Round your answer to 2 decimal places.)

Calculate the basic earnings power. (Round your answer to 2 decimal places.)

Calculate the return on assets. (Round your answer to 2 decimal places.)

Calculate the return on equity. (Round your answer to 2 decimal places.)

Calculate the dividend payout. (Round your answer to 2 decimal places.)

I always rate! Show Excel work, please

You have been asked to perform scenario analysis, sensitivity analysis, and break even analysis for producing a new golf ball. These new golf balls will sell from $2 a piece. In the best case scenario you think you will sell 750,000 balls, in the most likely case you will sell 500,000 balls and in the worst case you will sell 300,00 balls. Your variable cost is 35% and you have $300,000 in fixed costs. Your depreciation will be $100,000 and you have a 25% tax rate.

1. How sensitive are you to your variable cost? Create a data table ranging from 30% to 45% variable cost rate for the most likely case to show how changes in variable costs effect your net income.

ABC Co. and XYZ Co. are identical firms in all respects except for their capital structure. ABC is all equity financed with $800,000 in stock. XYZ uses both stock and perpetual debt; its stock is worth $400,000 and the interest rate on its debt is 5.2 percent. Both firms expect EBIT to be $79,000. Ignore taxes.

a. Rico owns $60,000 worth of XYZ’s stock. What rate of return is he expecting?

b. Suppose Rico invests in ABC Co. and uses homemade leverage. Calculate his total cash flow and rate of return.

c. What is the cost of equity for ABC and XYZ?

d. What is the WACC for ABC and XYZ?

Suppose that a 1-year zero-coupon bond with face value $100 currently sells at $91.89, while a 2-year zero sells at $83.37. You are considering the purchase of a 2-year-maturity bond making annual coupon payments. The face value of the bond is $100, and the coupon rate is 7% per year.

a. What is the yield to maturity of the 2-year zero?(Do not round intermediate calculations. Round your answers to 3 decimal places.)

b. What is the yield to maturity of the 2-year coupon bond? (Do not round intermediate calculations. Round your answers to 3 decimal places.)

c. What is the forward rate for the second year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

d. If the expectations hypothesis is accepted, what are (1) the expected price of the coupon bond at the end of the first year and (2) the expected holding-period return on the coupon bond over the first year? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

e. Will the expected rate of return be higher or lower if you accept the liquidity preference hypothesis?

• Higher

• Lower

Richter Manufacturing has a 10% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant 3% rate after Year 3. Year 1 Year 2 Year 3 FCF $715 $750 $805

a. What is the horizon value of the unlevered operations?

b. What is the total value of unlevered operations at Year 0?

Billy Bob Corp has a profit margin (income to sales) of 3.1%. Sales-to-assets measures a ratio of 1.2x. The capital structure of BBC is 40% debt & 60% equity. What is BBC's return on equity?  (Answer in % format with no % sign needed, xx.x, to the level of 10 basis points.)

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: -10%,15%, 25%; MC: -19%,36%,-47%. Calculate the sample standard deviation of return for MC. (For these problems don't enter the % into your formula, e.g. treat "10%" as "10", not as "0.10". You can use the =STDEV function in Excel.)

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: -34%,13%,21%; MC: 10%, 6%, 32%. Calculate the sample variance of return for FC. (For these problems don't enter the % into your formula, e.g. treat "10%" as "10", not as "0.10". You can use the =VAR function in Excel.)

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: -38%,39%, -22%; MC: 10%, 6%, 32%. Calculate the sample standard deviation of return for FC. (For these problems don't enter the % into your formula, e.g. treat "10%" as "10", not as "0.10". You can use the =STDEV function in Excel.)

Discuss intrinsic value of stock and market value of stock. Discuss when they in and out of equilibrium

explain how the balance sheet, income statement and statement of cash flow interrelated. What ties them together

23 years old, makes $14 per hour (8hour), works for 5 days a week. Please use this information for the following questions. The answer to number 6 is $1,095,657.55 and The answer to number 5 is $80,620.37

7.How much do you need to save per month (at the end of each month) in an investment earning 7% per year now to reach the amount in Question 6 by age 65? Assume you have no money now in the investment.

8.Then How much do you need to save per month (at the END of each month AND calculate the BEGINNING of each month) in an investment earning 7% per year now to reach the amount in Question 6 by age 65? Assume you have no money now in the investment.

10.Calculate the amount you need at age 65 to retire to receive a perpetuity of 80% of Age 65 Salary (Question 5) income per year forever. You will invest this amount at 4% interest and receive your first perpetuity payment at Age 66.

An investor has a choice between four investments. The profitability of the investments depends upon the market. The payoff table is given below for different market conditions.

A market economist has stated that there is a 20% chance that the market will stay the same, a 50% chance that the market will decrease, and a 30% chance that the market will increase. If a market economist is 100% correct, compute expected value with perfect information (EVwPI).

Group of answer choices

9,000

59,000

54,000

5,000

Please, I need it with 30 minutes

"Machine A costs $24,000 to purchase and is worth $8,000 in 4 years at the end of its service life. Machine B costs $14,000 to purchase and is worth $2,000 in 3 years at the end of its service life. Assume that these machines are needed for 12 years (required service period). Each machine can be repurchased at the same price in the future, and assume the annual maintenance cost of each machine is negligible. Use 10% annual interest rate. What is the Present Total Cost of the machine that should be purchased? Enter your answer as a positive number."

PLEASE, I need it within 30 minutes.

A clothing retailer plans to automate its payroll processing by using a scanner that identifies which clerks sold which item. Management is excited about this system because it can connect directly to the company's existing computer system. The new automated system will save $14,200 a year in labor. The new system will cost $40,000 to build and test prior to operation. Operating cost will be $2,600 per year. The system has 6 years useful life. The expected net salvage value of the system is estimated at $2,500. If the company's interest rate is 10%, in what year does the DISCOUNTED payback occur for this project? Assume year-end cash flows, and enter your answer as an integer."