Questions
Linda's salary is $43000 a year. As a part of it's incentive program the company decides...

Linda's salary is $43000 a year. As a part of it's incentive program the company decides to give her a raise of $2000 every year. What is the discounted value of her income for the next 11 years at j1=6%? *do not round intermediate steps*

In: Finance

You borrow $2000 at 4% annual interest compounded quarterly, to be paid off with equal quarterly...

You borrow $2000 at 4% annual interest compounded quarterly, to be paid off with equal quarterly payments. Your first payment will be one year from now, and your last payment will be nine years from now. What will your payments be?

In: Finance

A stock market comprises 4600 shares of stock A and 2000 shares of stock B. Assume...

A stock market comprises 4600 shares of stock A and 2000 shares of stock B. Assume the share prices for stocks A and B are $25 and $35, respectively. What is the market capitalization of this market portfolio?

A) $185,000

B) $157,250

C) $175,750

D) $203,500

In: Finance

i. Apply specific models developed throughout the course to demonstrate how domestic and foreign events (e.g.,...

i. Apply specific models developed throughout the course to demonstrate how domestic and foreign events (e.g., wars, changes in trade barriers, development abroad) have impacted the level of and changes in imports and exports in the United States from 2000-2010.

In: Economics

In trying to combat declining sales between 2000 and 2010, Hershey made multiple attempts to boost...

In trying to combat declining sales between 2000 and 2010, Hershey made multiple attempts to boost their business facing tougher competition and consumer behavior shifts. What were the right moves that they made, and why? If not, what would you have proposed?

In: Economics

what is the reflection of human-animal relationship ,in term of global agribusiness -producttion, transportation, consumption of...

what is the reflection of human-animal relationship ,in term of global agribusiness -producttion, transportation, consumption of meat
(well I need to write a 2000 words about it with concept, maybe animal welfare etc ? and I have no idea on it)Thx for solving the question

In: Operations Management

MCDONALDS balance sheet. Fiscal year is January-December. All values USD millions. 2014 2015 2016 2017 2018...

MCDONALDS balance sheet.

Fiscal year is January-December. All values USD millions. 2014 2015 2016 2017 2018 5-year trend
Cash & Short Term Investments 2.08B 7.69B 1.22B 2.46B 866M
Cash Only 2.08B 7.69B 1.22B 2.46B 866M
Short-Term Investments - - - - -
Total Accounts Receivable 1.21B 1.3B 1.47B 1.98B 2.44B
Accounts Receivables, Net 1.21B 1.3B 1.47B 1.98B 2.44B
Accounts Receivables, Gross 1.21B 1.3B 1.47B 1.98B 2.44B
Bad Debt/Doubtful Accounts - - - - -
Other Receivables - - - - -
Inventories 110M 100.1M 58.9M 58.8M 51.1M
Finished Goods 110M 100.1M 58.9M 58.8M 51.1M
Work in Progress - - - - -
Raw Materials - - - - -
Progress Payments & Other - - - - -
Other Current Assets 783.2M 558.7M 2.09B 828.4M 694.6M
Miscellaneous Current Assets 783.2M 558.7M 2.09B 828.4M 694.6M
Total Current Assets 4.19B 9.64B 4.85B 5.33B 4.05B
2014 2015 2016 2017 2018 5-year trend
Net Property, Plant & Equipment 24.56B 23.12B 21.26B 22.45B 22.84B
Property, Plant & Equipment - Gross 39.13B 37.69B 34.44B 36.63B 37.19B
Buildings 27.61B 26.9B 25.21B 27.29B 28.24B
Land & Improvements 5.79B 5.58B 5.47B 5.66B 5.52B
Computer Software and Equipment - - - - -
Other Property, Plant & Equipment 617.5M 546.8M 500.4M 512.4M 488.6M
Accumulated Depreciation 14.57B 14.57B 13.19B 14.18B 14.35B
Total Investments and Advances 1B 792.7M 725.9M 1.09B 1.2B
Other Long-Term Investments - - - - -
Long-Term Note Receivable - - - - -
Intangible Assets 2.74B 2.52B 2.34B 2.38B 2.33B
Net Goodwill 2.74B 2.52B 2.34B 2.38B 2.33B
Net Other Intangibles - - - - -
Other Assets 1.21B 1.34B 1.05B 1.69B 1.16B
Tangible Other Assets 1.21B 1.34B 1.05B 1.69B 1.16B
Total Assets 34.28B 37.94B 31.02B 33.8B 32.81B

Liabilities & Shareholders' Equity

2014 2015 2016 2017 2018 5-year trend
ST Debt & Current Portion LT Debt - - 77.2M - -
Short Term Debt - - - - -
Current Portion of Long Term Debt - - 77.2M - -
Accounts Payable 860.1M 874.7M 756M 924.8M 1.21B
Income Tax Payable 166.8M 154.8M 267.2M 265.8M 228.3M
Other Current Liabilities 1.72B 1.92B 2.37B 1.7B 1.54B
Dividends Payable - - - - -
Accrued Payroll 1.16B 1.38B 1.16B 1.15B 986.6M
Miscellaneous Current Liabilities 563.7M 542.1M 1.21B 553.8M 550.7M
Total Current Liabilities 2.75B 2.95B 3.47B 2.89B 2.97B
Long-Term Debt 14.99B 24.12B 25.88B 29.54B 31.08B
Long-Term Debt excl. Capitalized Leases 14.99B 24.12B 25.88B 29.54B 31.08B
Non-Convertible Debt 14.99B 24.12B 25.88B 29.54B 31.08B
Convertible Debt - - - - -
Capitalized Lease Obligations - - - - -
Provision for Risks & Charges - - - - -
Deferred Taxes 1.03B 1.17B 1.01B 251.5M (3.9M)
Deferred Taxes - Credit 1.62B 1.7B 1.82B 1.12B 1.22B
Deferred Taxes - Debit 591.2M 532.8M 804M 867.9M 1.22B
Other Liabilities 2.07B 2.07B 2.06B 3.53B 3.81B
Other Liabilities (excl. Deferred Income) 2.07B 2.07B 2.06B 3.53B 3.18B
Deferred Income - - - - 627.8M
Total Liabilities 21.43B 30.85B 33.23B 37.07B 39.07B
Non-Equity Reserves - - - - -
Preferred Stock (Carrying Value) - - - - -
Redeemable Preferred Stock - - - - -
Non-Redeemable Preferred Stock - - - - -
Common Equity (Total) 12.85B 7.09B (2.2B) (3.27B) (6.26B)
Common Stock Par/Carry Value 16.6M 16.6M 16.6M 16.6M 16.6M
Retained Earnings 43.29B 44.59B 46.22B 48.33B 50.49B
ESOP Debt Guarantee - - - - -
Cumulative Translation Adjustment/Unrealized For. Exch. Gain (1.38B) (2.73B) (2.91B) (1.97B) (2.43B)
Unrealized Gain/Loss Marketable Securities - - - - -
Revaluation Reserves - - - - -
Treasury Stock (35.18B) (41.18B) (52.11B) (56.5B) (61.53B)
Total Shareholders' Equity 12.85B 7.09B (2.2B) (3.27B) (6.26B)
Accumulated Minority Interest - - - - -
Total Equity 12.85B 7.09B (2.2B) (3.27B) (6.26B)
Liabilities & Shareholders' Equity 34.28B 37.94B 31.02B 33.8B 32.81B

*Question* for years ((**2015-2018**)) please show work , please and thank you :)

What is Mcdonald's 1) current ratio 2) debt-equity ratio 3) profit margin 4) return on assets (ROA) 5) return on equity (ROE) 6) Use the Dupont identity to calculate total assets turnover (TAT).

In: Finance

Langley Company's December 31 year-end financial statements contained the following errors: Dec. 31, 2017 Dec. 31,...

Langley Company's December 31 year-end financial statements contained the following errors:

Dec. 31, 2017 Dec. 31, 2018

Ending inventory $27,500 understated $35,000 overstated

Depreciation expense 10,000 overstated

An insurance premium of $290,000 was prepaid in 2017 covering the years 2017, 2018, and 2019. The prepayment was correctly recorded with a debit to prepaid insurance. However, the prepaid insurance account at December 31, 2018 had a balance of $290,000.

(a) What is the total net effect of the errors on the amount of Langley's working capital at December 31, 2018?

(b)What is the total effect of the errors on the balance of Langley's retained earnings at December 31, 2018?

In: Accounting

You are given the following information: 2018 Sales $23,000 Cost of goods sold $16,000 Depreciation expense...

You are given the following information: 2018

Sales

$23,000

Cost of goods sold

$16,000

Depreciation expense

$4,000

Interest

$1,800

Dividends

$1,300

Tax rate

35%

New debt issuance

$2,000

2017

2018

Current assets

$4,800

$5,900

Current liabilities

$2,700

$3,200

Net fixed assets

$14,000

$17,000

a. Calculate the operating cash flow for 2018. (Hint: Taxes = Earnings before taxes x Tax rate) (show your work)

b. Calculate the cash flow from assets for 2018. (show your work )

c. Calculate the cash flow to creditors and the cash flow to shareholders for 2018. (show your work)

In: Finance

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $2.95 million in long-term debt, $760,000...

The 2017 balance sheet of Kerber’s Tennis Shop, Inc., showed $2.95 million in long-term debt, $760,000 in the common stock account, and $6.1 million in the additional paid-in surplus account. The 2018 balance sheet showed $4 million, $935,000, and $7.75 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $210,000. The company paid out $670,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $810,000, and the firm reduced its net working capital investment by $175,000, what was the firm's 2018 operating cash flow, or OCF?

Multiple Choice

  • $-3,970,000

  • $2,345,000

  • $-2,700,000

  • $-1,360,000

In: Finance