|
Company A |
|||
|
Year |
EPS |
DPS |
Market price |
|
2006 |
4 |
1.6 |
12 |
|
2007 |
1.5 |
0.6 |
8.5 |
|
2008 |
5 |
2.0 |
13.5 |
|
2009 |
4 |
1.6 |
1.5 |
|
2010 |
8 |
3.2 |
14.5 |
|
Company B |
|||
|
Year |
EPS |
DPS |
Market Price |
|
2006 |
4 |
1.8 |
13.50 |
|
2007 |
1.50 |
1.8 |
12.50 |
|
2008 |
5 |
1.8 |
12.50 |
|
2009 |
4 |
1.8 |
12.50 |
|
2010 |
8 |
1.8 |
15.00 |
Required:
In: Finance
Use the information about Billy's Burgers to answer the following question(s): Billy's Burgers Figures in $ millions Income Statement 2010 Balance Sheet 2010 Net Sales 246.0 Assets Costs exc. Dep. 187.0 Cash 8.0 EBITDA 59.0 Accts. Rec. 21.0 Depreciation 17.2 Inventories 23.0 EBIT 41.8 Total Current Assets 52.0 Interest 12.0 Net PP&E 145.0 Pretax Income 29.8 Total Assets 197.0 Taxes 10.4 Net Income 19.4 Liabilities and Equity Accts. Payable 18.0 LongminusTerm Debt 82.0 Total Liabilities 100.0 Total Stockholders' Equity 97.0 Total Liabilities and Equity 197.0 Using the percent of sales method and assuming 20% growth in sales and no change in interest expense, estimate Billy's Burgers' Net Income for 2011...... Please show all work!
In: Finance
Develop a minimum 700-word analysis of inflation. Include the following:
In: Economics
According to the 2010 US Census, the average number of residents per housing
unit for the n=87 counties in Minnesota was 2.10, and the standard deviation
was 0.38. Test whether the true mean number of residents per housing unit
in Minnesota in 2010 is less than the national value of 2.34 at the level
α
= 0
.
05.
a. Show all five steps of this test.
b. What type of error could we be making in this context?
c. What is the minimum average number of residents per household needed
in order to fail to reject H0? Assume the sample standard deviation is the same.
d. Suppose the true number of residents per household in Minnesota is normally
distributed with a mean of 2.0 and a standard deviation of 0.4. Suppose we reject
the null hypothesis if the sample means the number of residents is less than 2.27. What
is the probability of making a type II error?
In: Math
The flowing numbers come from an equity statement for fiscal year 2011 (in millions):
Shareholders’ equity May 31, 2010 $2,700
Issue of shares for exercise of stock options 405
Repurchase of shares (132)
Net income 467
Unrealized loss on debt securities (23)
Tax benefit from the exercise of stock options 70
Common dividends paid (250)
Preferred dividends paid (10)
Shareholders’ equity May 31, 2011 3,227
The firm’s tax rate is 35 percent. Shareholders’ equity at May 31, 2010 includes $120 million in preferred stock.
a. Calculate the loss to common shareholders from the exercise of stock options.
b. Present a reformulated statement of common shareholders’ equity that identifies comprehensive income and separates it from net payout to shareholders.
c. What was the return on common equity (ROCE) for the year? (Use beginning equity in this calculation.)
In: Accounting
Answer the following question in IRAC form:
Hank worked for HGC Corporation as the Treasurer. Before leaving the Corporation Hank embezzled $500,000 from HGC. Thus far Clarence, the Chairman of the Board and Hank's uncle, has kept the Board from "going after" Hank. Only a year remains in the statute of limitations before HGC can not legally pursue action against Hank.
A) Allison is a shareholder. She and other
shareholders come to you for advice as to what they may do to file
against Hank. What do you advise? Explain.
In: Accounting
Vitamin C (ascorbic acid) is an example of iodimetric determination, so based on the rules that
“in iodimetry (titration with I3), starch can be added at the beginning of the titration. The first drop of excess I3 after the equivalence point causes the solution to turn dark blue. In iodometry (titration of I3), I3 is present throughout the reaction up to the equivalence point. Starch should not be added until immediately before the equivalence point.”
However, why starch is still not added until just before the end point when we were doing Vitamin C experiment?
In: Chemistry
Suppose labor demand for low-skilled workers in the United States is w = 24 - 0.1L where L is the number of workers (in millions) and w is the hourly wage. There are 120 million domestic U.S. low-skilled workers who supply labor inelastically. If the U.S. opened its borders to immigration, 20 million low-skilled immigrants would enter the U.S. and supply labor inelastically.
Draw a clearly labeled graph showing the equilibrium before immigration and the effect of opening the borders. (The equilibrium wage and employment level should be labeled both before and after immigration.)
In: Economics
You are a summer intern for a large, reputable sports beverage company. The company is the primary sponsor of an Olympic-distance triathlon in August in Iowa. The company will have a huge exhibit booth at the prerace meal the night before the race, and before, during, and after the event on race day. Your responsibility as an intern is to create a sports nutrition table display to be the centerpiece of the company’s main exhibit area. Describe in detail what the table set-up will look like, the information and activities you will have available for participants, and the main emphasis of your educational message for this athlete population.
In: Nursing
A 7400 kg rocket blasts off vertically from the launch pad with a constant upward acceleration of 2.15 m/s2 and feels no appreciable air resistance. When it has reached a height of 550 m , its engines suddenly fail so that the only force acting on it is now gravity. a)What is the maximum height this rocket will reach above the launch pad? b)How much time after engine failure will elapse before the rocket comes crashing down to the launch pad? c)How fast will it be moving just before it crashes?
In: Physics