Dewey Corp. is expected to have an EBIT of $3,250,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $260,000, $165,000, and $265,000, respectively. All are expected to grow at 18 percent per year for four years. The company currently has $21,000,000 in debt and 875,000 shares outstanding. At Year 5, you believe that the company's sales will be $29,000,000 and the appropriate price-sales ratio is 2.5. The company’s WACC is 8.8 percent and the tax rate is 21 percent. What is the price per share of the company's stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Fajar Factory wants to build a rice processing factory that will take a year to build. $5 million is spent right away and another $5 million is spent next year. The company CEO is expecting that the factory will lose $1 million in its first year of operation and lose another half a million in its second year of operation. with that initial investment, the factory is expected to produce 8000 rice packs per month and sold fo $30 per unit for nest 20 years. meanwhile, the production cost for pack is $20.

Calculate the fajar factory profit for a year ? Show how you calculate TC,TR, PROFIT

suppose that the mean number of fatal car accidents each year in VA is 26.5 and these accidents follow a Poisson distribution. a) find the mean and standard deviation of the number of fatalities per day in VA? b) Find the probability that on a given day there are 2 fatal car accident accident in VA? C) Find the probability that on a given day there will be at least one fatal one fatal car accident in VA? D) Find the probability that on a given day there will be at most one fatal car accident in VA?

The price of a car you are interested in buying is $93.75k. You negotiate a 6-year loan, with no money down and no monthly payments during the first year. After the first year, you will pay $1.2k per month for the following 5 years, with a balloon payment at the end to cover the remaining principal on the loan. The annual percentage rate (APR) on the loan with monthly compounding is 5%. What will be the amount of the balloon payment 6 years from now?

Note: The term “k” is used to represent thousands (× $1,000).

Required: Suppose the loan has initially been paid in full (without a balance due at maturity), the amount would have totaled $37k. Calculate the absolute percentage difference between the fully amortized loan and the balloon payment.

in March of this year the University Hospitals Fertility Center in Ohio disclosed that more than 4,000 frozen eggs and embryos were lost due to a storage failure. Suppose you are in charge of delivering the news to devastated patients. What recommendations do you have for how to do this? What would you say? How would you feel about having to do this? What supports should be made available to the affected patients? Finally what are your thoughts on the way it was handled by University Hospitals Fertility Center?

Schumann Inc. is a CCPC that has the following information for the current year:

Canadian active business income                 $140,000

Dividend from a taxable Canadian corporation 15,000

Aggregate investment income                           60,000

Taxable income                                              200,000

Income eligible for the small business deduction 140,000

Part I tax payable for the year                           21,900

The refundable portion of Part I tax for the year is equal to:

A. $5,750.

B. $18,400.

C. $24,150.

D. $21,900.

Consider a closed economy in which the depreciation rate is 10% per year, the rate of population increase is 2% per year, the rate of technological progress is 1% per year Andy the households save 30% of their income. Suppose the aggregate production function is; Y=f(K, AL)= 9K^4/5 (AL)^1/5 Where Y is output, K is capital, A is the level of technology and L is labor input.

a) Derive the production function in per effective worker terms.

b) Solve for the steady-state values of capital per effective worker (k*), output per effective worker (y*), consumption per effective worker (c*), and savings per effective worker (s*).

c) Derive the equation for the growth rate of output per worker, the growth rate of capital per worker, the growth rate of output and growth rate of capital. What are the values of the growth rates derived?

old Corporation is considering a project. The data for the 3 year project are given below. Should the manager of Gold Corporation accept this project? Use the NPV criteria to make your decision.

Sales revenue, each year: $50,000
Variable costs, each year: $12,000
Fixed costs, each year: $0
Sunk costs: $30,000
Initial outlay: $45,000
Depreciation, each year: $15,000
Tax rate: 20%
WACC: 12%

ACCOUNTING FOR LIABILITIES:

Based on the information provided in the company’s Annual Report for Financial Year 2035 you have to answer the following sub-questions. On 1 July 2035 Glorious Ltd issues $3 million in six-year debentures that pay interest each six months at a coupon rate of 8 per cent. At the time of issuing the securities, the market requires a rate of return of 6 per cent. Interest expense is determined using the effective-interest method. Required: (a) Determine the issue price

(b) Provide the journal entries at: (i) 1 July 2035

(ii) 30 June 2036

(iii) 30 June 2037

Marley, an employee, entertains one of his clients on June 1 of the current year to try to close a large sale for his company. Entertainment expenses Marley paid are:
Cab fares
$50
Dinner, at which the deal was discussed
230
Tips at restaurant
30
Marley’s best course of action would be to:
a.
Take a $310 deduction on his tax return
b.
Take a $260 deduction on his tax return
c.
Take a $195 deduction on his tax return
d.
Seek reimbursement from his company