In: Mechanical Engineering
Total RBC count, -
Total WBC count,
Hematocrit (Hct)
In: Anatomy and Physiology
At the beginning of the current year, Snell Co. total assets were $282,000 and its total liabilities were $191,200. During the year, the company reported total revenues of $127,000, total expenses of $93,000 and dividends of $22,000. There were no other changes in equity during the year and total assets at the end of the year were $294,000. The company's debt ratio at the end of the current year is:
A: 35.0%.
B: 65.0%.
C: 67.8%
D: 147.00%
E: 53.8%
In: Accounting
The total market value of Okefenokee Real Estate Company’s equity is $6 million, and the total value of its debt is $4 million. The treasurer estimates that the beta of the stock currently is 1.0 and that the expected risk premium on the market is 12%. The Treasury bill rate is 4%, and investors believe that Okefenokee's debt is essentialy free of default risk.
a. What is the required rate of return on Okefenokee stock? (Do not round intermediate calculations. Enter your answer as a whole percent.)
Required rate of return %
b. Estimate the WACC assuming a tax rate of 30%. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
WACC %
c. Estimate the discount rate for an expansion of the company’s present business. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Discount rate %
d. Suppose the company wants to diversify into the manufacture of rose-colored glasses. The beta of optical manufacturers with no debt outstanding is 1.5. What is the required rate of return on Okefenokee’s new venture? (You should assume that the risky project will not enable the firm to issue any additional debt.) (Do not round intermediate calculations. Enter your answer as a whole percent.)
Required rate of return %
In: Finance
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The Sooner Equipment Company has total assets of $110 million. Of this total, $40 million was financed with common equity and $70 million with debt (both long and short-term). Its average accounts receivable balance is $24 million, and this represents an 80-day average collection period. Sooner believes it can reduce its average collection period from 80 to 60 days without affecting sales or the dollar amount of net income after taxes (currently $6 million). What will be the effect of this action on Sooner’s return on investment and its return on stockholders’ equity if the funds received by reducing the average collection period are used to buy back its common stock at book value? What impact will this action have on Sooner’s debt ratio? Round your answers to two decimal places. Old debt ratio: % New debt ratio: % Old return on assets: % New return on assets: % Old return on common equity: % New return on common equity: % |
In: Accounting
Using the figures in the table below, calculate the total fertility rate. What is the total fertility rate per woman? [7 Marks]
Age Group Births Female Population ASBR
10-14 50 20100 --------
15-19 600 18000 --------
20-24 900 16500 --------
25-29 1100 14200 --------
30-34 500 12600 --------
35-39 400 10000 --------
40-44 200 8000 --------
45-49 150 6000 --------
In: Economics
Find the total volume, total surface area and the longest line for the following limits:
In: Physics
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The Sooner Equipment Company has total assets of $110 million. Of this total, $40 million was financed with common equity and $70 million with debt (both long and short-term). Its average accounts receivable balance is $24 million, and this represents an 80-day average collection period. Sooner believes it can reduce its average collection period from 80 to 60 days without affecting sales or the dollar amount of net income after taxes (currently $6 million). What will be the effect of this action on Sooner’s return on investment and its return on stockholders’ equity if the funds received by reducing the average collection period are used to buy back its common stock at book value? What impact will this action have on Sooner’s debt ratio? Round your answers to two decimal places. Old debt ratio: 64% New debt ratio: 67% Old return on assets: % New return on assets: % Old return on common equity: 15% New return on common equity: % Need answers to the old return of assets, new return of assets, and new return on common equity. round to two decimals if necessary. |
In: Accounting
The Sooner Equipment Company has total assets of $90 million. Of this total, $40 million was financed with common equity and $50 million with debt (both long and short-term). Its average accounts receivable balance is $20 million, and this represents an 85-day average collection period. Sooner believes it can reduce its average collection period from 85 to 65 days without affecting sales or the dollar amount of net income after taxes (currently $4.71 million). What will be the effect of this action on Sooner’s return on investment and its return on stockholders’ equity if the funds received by reducing the average collection period are used to buy back its common stock at book value? What impact will this action have on Sooner’s debt ratio? Round your answers to two decimal places.
Old debt ratio: %
New debt ratio: %
Old return on assets: %
New return on assets: %
Old return on common equity: %
New return on common equity: %
In: Accounting
Q14: Compare the financial leverage ( i.e., measured by total debt ratio = total debt / total assets) for Microsoft (high-tech), Target (retail) , and Citibank (bank).
Q15. How to estimate a firm’s optimal capital structure?
Q30: What are accruals? Are a firm’s accruals free or not? Why?
In: Finance