Questions
Item Prior year Current year Accounts payable 8,178.00 7,755.00 Accounts receivable 6,041.00 6,706.00 Accruals 986.00 1,698.00...

Item Prior year Current year
Accounts payable 8,178.00 7,755.00
Accounts receivable 6,041.00 6,706.00
Accruals 986.00 1,698.00
Cash ??? ???
Common Stock 11,714.00 11,027.00
COGS 12,725.00 18,230.00
Current portion long-term debt 4,922.00 4,952.00
Depreciation expense 2,500 2,794.00
Interest expense 733 417
Inventories 4,224.00 4,817.00
Long-term debt 14,907.00 13,175.00
Net fixed assets 51,204.00 54,677.00
Notes payable 4,397.00 9,956.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,451.00 30,267.00
Sales 35,119 46,835.00
Taxes 2,084 2,775
What is the firm's cash flow from financing?


Submit
Answer format: Number: Round to: 0 decimal places.

Item Prior year Current year
Accounts payable 8,135.00 7,778.00
Accounts receivable 6,039.00 6,682.00
Accruals 1,019.00 1,515.00
Cash ??? ???
Common Stock 11,536.00 11,151.00
COGS 12,781.00 18,355.00
Current portion long-term debt 4,905.00 5,054.00
Depreciation expense 2,500 2,788.00
Interest expense 733 417
Inventories 4,298.00 4,797.00
Long-term debt 14,912.00 14,701.00
Net fixed assets 50,881.00 54,116.00
Notes payable 4,347.00 9,969.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,348.00 30,171.00
Sales 35,119 45,634.00
Taxes 2,084 2,775
What is the firm's cash flow from investing?


Submit
Answer format: Number: Round to: 0 decimal places.

In: Finance

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

175,742.00

Depreciation expense

21,600

22,788.00

Interest expense

16,200

16,458.00

Inventories

111,600

115,200

Long-term debt

135,000

138,348.00

Net fixed assets

379,658.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

64,454.00

Retained earnings

122,400

136,800

Sales

255,600

337,725.00

Taxes

9,900

18,959.00

What is the current year's return on equity (ROE)?

In: Finance

Item Prior year Current year Accounts payable 8,151.00 7,832.00 Accounts receivable 6,008.00 6,768.00 Accruals 1,043.00 1,313.00...

Item Prior year Current year
Accounts payable 8,151.00 7,832.00
Accounts receivable 6,008.00 6,768.00
Accruals 1,043.00 1,313.00
Cash ??? ???
Common Stock 11,631.00 12,255.00
COGS 12,658.00 18,200.00
Current portion long-term debt 4,933.00 4,962.00
Depreciation expense 2,500 2,767.00
Interest expense 733 417
Inventories 4,211.00 4,801.00
Long-term debt 13,278.00 13,640.00
Net fixed assets 51,516.00 54,654.00
Notes payable 4,334.00 9,975.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,552.00 30,991.00
Sales 35,119 47,888.00
Taxes 2,084 2,775

What is the firm's dividend payment in the current year?

Submit

Answer format: Number: Round to: 0 decimal places.


Item Prior year Current year

Accounts payable 8,178.00 7,755.00

Accounts receivable 6,041.00 6,706.00

Accruals 986.00 1,698.00

Cash ??? ???

Common Stock 11,714.00 11,027.00

COGS 12,725.00 18,230.00

Current portion long-term debt 4,922.00 4,952.00

Depreciation expense 2,500 2,794.00

Interest expense 733 417

Inventories 4,224.00 4,817.00

Long-term debt 14,907.00 13,175.00

Net fixed assets 51,204.00 54,677.00

Notes payable 4,397.00 9,956.00

Operating expenses (excl. depr.) 13,977 18,172

Retained earnings 28,451.00 30,267.00

Sales 35,119 46,835.00

Taxes 2,084 2,775

What is the firm's cash flow from operations?



Submit

Answer format: Number: Round to: 0 decimal places.

In: Finance

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500...

Category

Prior year

Current year

Accounts payable

41,400

45,000

Accounts receivable

115,200

122,400

Accruals

16,200

13,500

Additional paid in capital

200,000

216,660

Cash

???

???

Common Stock @ par value

37,600

42,000

COGS

131,400

176,651.00

Depreciation expense

21,600

22,905.00

Interest expense

16,200

16,777.00

Inventories

111,600

115,200

Long-term debt

135,000

139,956.00

Net fixed assets

376,537.00

399,600

Notes payable

59,400

64,800

Operating expenses (excl. depr.)

50,400

61,114.00

Retained earnings

122,400

136,800

Sales

255,600

339,799.00

Taxes

9,900

18,518.00

What is the current year's return on assets (ROA)?

Submit

Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

In: Finance

Item Prior year Current year Accounts payable 8,178.00 7,755.00 Accounts receivable 6,041.00 6,706.00 Accruals 986.00 1,698.00...

Item Prior year Current year
Accounts payable 8,178.00 7,755.00
Accounts receivable 6,041.00 6,706.00
Accruals 986.00 1,698.00
Cash ??? ???
Common Stock 11,714.00 11,027.00
COGS 12,725.00 18,230.00
Current portion long-term debt 4,922.00 4,952.00
Depreciation expense 2,500 2,794.00
Interest expense 733 417
Inventories 4,224.00 4,817.00
Long-term debt 14,907.00 13,175.00
Net fixed assets 51,204.00 54,677.00
Notes payable 4,397.00 9,956.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,451.00 30,267.00
Sales 35,119 46,835.00
Taxes 2,084 2,775
What is the firm's total change in cash from the prior year to the current year?


Submit
Answer format: Number: Round to: 0 decimal places.

What is the value today of a money machine that will pay $1,212.00 per year for 27.00 years? Assume the first payment is made one year from today and the interest rate is 14.00%.


Submit
Answer format: Currency: Round to: 2 decimal places.

In: Finance

Category Prior Year Current Year Accounts payable 3,186.00 5,969.00 Accounts receivable 6,872.00 9,015.00 Accruals 5,646.00 6,132.00...

Category Prior Year Current Year
Accounts payable 3,186.00 5,969.00
Accounts receivable 6,872.00 9,015.00
Accruals 5,646.00 6,132.00
Additional paid in capital 20,196.00 13,092.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,430.00 18,614.00
Current portion long-term debt 500 500
Depreciation expense 986.00 1,039.00
Interest expense 1,298.00 1,134.00
Inventories 3,098.00 6,709.00
Long-term debt 16,720.00 22,498.00
Net fixed assets 75,083.00 73,942.00
Notes payable 4,066.00 6,519.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,818.00 34,477.00
Sales 46,360 45,064.00
Taxes 350 920
What is the firm's total change in cash from the prior year to the current year?


Submit
Answer format: Number: Round to: 0 decimal places.

In: Finance

#6 Category Prior Year Current Year Accounts payable 3,129.00 5,921.00 Accounts receivable 6,895.00 8,907.00 Accruals 5,673.00...

#6
Category Prior Year Current Year
Accounts payable 3,129.00 5,921.00
Accounts receivable 6,895.00 8,907.00
Accruals 5,673.00 6,097.00
Additional paid in capital 20,291.00 13,616.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,552.00 18,506.00
Current portion long-term debt 500 500
Depreciation expense 990.00 955.00
Interest expense 1,262.00 1,163.00
Inventories 3,079.00 6,682.00
Long-term debt 16,839.00 22,299.00
Net fixed assets 75,662.00 74,289.00
Notes payable 4,026.00 6,578.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,521.00 34,545.00
Sales 46,360 45,401.00
Taxes 350 920
What is the firm's total change in cash from the prior year to the current year?


Submit
Answer format: Number: Round to: 0 decimal places.


unanswered
not_submitted
#7
If you are willing to pay $26,521.00 today to receive a perpetuity with the first payment occurring next year then the payment must be $______. Assume a 14.00% discount rate.

In: Finance

Item Prior year Current year Accounts payable 8,110.00 7,871.00 Accounts receivable 6,058.00 6,769.00 Accruals 979.00 1,547.00...

Item Prior year Current year
Accounts payable 8,110.00 7,871.00
Accounts receivable 6,058.00 6,769.00
Accruals 979.00 1,547.00
Cash ??? ???
Common Stock 10,700.00 11,833.00
COGS 12,675.00 18,280.00
Current portion long-term debt 5,071.00 5,033.00
Depreciation expense 2,500 2,773.00
Interest expense 733 417
Inventories 4,240.00 4,791.00
Long-term debt 13,126.00 13,225.00
Net fixed assets 51,870.00 54,038.00
Notes payable 4,302.00 9,955.00
Operating expenses (excl. depr.) 13,977 18,172
Retained earnings 28,271.00 30,212.00
Sales 35,119 46,943.00
Taxes 2,084 2,775

what is the firm's cash flow from operations?

what is the firm's cash flow from financing?

what is the firm's total change in cash from the prior year to the current year?

In: Finance

16. eBook Problem Walk-Through Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at...

16.

eBook Problem Walk-Through

Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,065 and it sells for $1,200.

  1. What are the bond's nominal yield to maturity and its nominal yield to call? Do not round intermediate calculations. Round your answers to two decimal places.

    YTM:   %

    YTC:   %

    Would an investor be more likely to earn the YTM or the YTC?

    -Select-Since the YTM is above the YTC, the bond is likely to be called.Since the YTC is above the YTM, the bond is likely to be called.Since the YTM is above the YTC, the bond is not likely to be called.Since the YTC is above the YTM, the bond is not likely to be called.Since the coupon rate on the bond has declined, the bond is not likely to be called.Item 3

  2. What is the current yield? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Round your answer to two decimal places.

      %

    Is this yield affected by whether the bond is likely to be called?

    1. If the bond is called, the capital gains yield will remain the same but the current yield will be different.
    2. If the bond is called, the current yield and the capital gains yield will both be different.
    3. If the bond is called, the current yield and the capital gains yield will remain the same but the coupon rate will be different.
    4. If the bond is called, the current yield will remain the same but the capital gains yield will be different.
    5. If the bond is called, the current yield and the capital gains yield will remain the same.

    -Select-IIIIIIIVVItem 5

  3. What is the expected capital gains (or loss) yield for the coming year? Use amounts calculated in above requirements for calculation, if required. Negative value should be indicated by a minus sign. Round your answer to two decimal places.

      %

    Is this yield dependent on whether the bond is expected to be called?
    1. The expected capital gains (or loss) yield for the coming year does not depend on whether or not the bond is expected to be called.
    2. If the bond is expected to be called, the appropriate expected total return is the YTM.
    3. If the bond is not expected to be called, the appropriate expected total return is the YTC.
    4. If the bond is expected to be called, the appropriate expected total return will not change.
    5. The expected capital gains (or loss) yield for the coming year depends on whether or not the bond is expected to be called.

In: Finance

Category Prior Year Current Year Accounts payable 3,173.00 5,942.00 Accounts receivable 6,838.00 9,022.00 Accruals 5,615.00 6,173.00...

Category Prior Year Current Year
Accounts payable 3,173.00 5,942.00
Accounts receivable 6,838.00 9,022.00
Accruals 5,615.00 6,173.00
Additional paid in capital 19,963.00 13,839.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,240.00 18,207.00
Current portion long-term debt 500 500
Depreciation expense 1,031.00 1,013.00
Interest expense 1,260.00 1,125.00
Inventories 3,001.00 6,711.00
Long-term debt 16,550.00 22,255.00
Net fixed assets 75,087.00 74,059.00
Notes payable 4,033.00 6,509.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,621.00 34,677.00
Sales 46,360 45,611.00
Taxes 350 920
What is the firm's cash flow from operations?


Submit
Answer format: Number: Round to: 0 decimal places.


unanswered
not_submitted
#4
Category Prior Year Current Year
Accounts payable 3,163.00 5,954.00
Accounts receivable 6,821.00 9,054.00
Accruals 5,664.00 6,191.00
Additional paid in capital 19,716.00 13,030.00
Cash ??? ???
Common Stock 2,850 2,850
COGS 22,420.00 18,609.00
Current portion long-term debt 500 500
Depreciation expense 963.00 996.00
Interest expense 1,262.00 1,148.00
Inventories 3,067.00 6,692.00
Long-term debt 16,936.00 22,607.00
Net fixed assets 75,221.00 74,208.00
Notes payable 4,098.00 6,509.00
Operating expenses (excl. depr.) 19,950 20,000
Retained earnings 35,055.00 34,593.00
Sales 46,360 45,384.00
Taxes 350 920
What is the firm's cash flow from financing?

In: Finance