Markus Company’s common stock sold for $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per share this year. It also provided the following data excerpts from this year’s financial statements:     

4. What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3%)

5. What is the return on equity? (Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.)

6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)  

7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.)      

8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)

9. What is the accounts receivable turnover and the average collection period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)

10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.

11. What is the company’s operating cycle? (Round your intermediate and final answers to 2 decimal places.)  

12. What is the total asset turnover? (Round your answer to 2 decimal places.)      

13. What is the times interest earned ratio? (Round your answer to 2 decimal place.)

14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)      

15. What is the equity multiplier? (Round your answer to 2 decimal places.)      

For a recent year, the numbers of homicides that occurred each month in New York City are: 38, 30, 46, 40, 46, 49, 47, 50, 50, 42, 37, 37. Use a 0.05 sig level to test the claim that homicides in New York City are equally likely for each of the 12 months. Is there sufficient evidence to support the police commissioner’s claim that homicides occur more often in the summer when the weather is better?

Sheridan Cosmetics Inc. had a number of transactions during the year relating to the purchase of various inventory items as noted below.

For each of the below independent transactions determine what amount should be included in inventory.

Lipstick products counted in the physical inventory amount to $21,500 which include $1,100 of duty charges for importing the goods and $2,600 of recoverable taxes (i.e. HST). (If an answer is zero, please enter 0. Do not leave any fields blank.)

Makeup kits held on consignment by a retailer with a cost of $14,700 (inclusive of $1,200 of commissions to the retailer). (If an answer is zero, please enter 0. Do not leave any fields blank.)

Costs of $4,600 to store makeup products in Sheridan Cosmetic’s warehouse. (If an answer is zero, please enter 0. Do not leave any fields blank.)

Wonderland Corp. will pay a dividend of $3.5 next year. The company plans to maintain a constant growth rate of 5 percent a year forever. Investors’ required rate of return is 12 percent.
Robinson Corp. will pay the following dividends over the next four years: $20, $18, $15 and $3. Afterwards the company pledges to maintain a constant 5 percent growth rate in dividends, forever. Investors’ required rate of return is 12 percent.

Required:
(a) How much will you pay for these two stocks?

(b) If both companies change its policy to maintain a constant growth rate of 4 percent, what is the percentage change of these two stocks?

(c) What does this tell you about the relationship and stock price sensitivity between the dividend growth and the stock price of these two stocks? [within 100 words]

. A borrower takes out a 30 - year adjustable rate mortgage loan for $200,000 with monthly payments. The first two years of the loan have a “teaser” rate of 4%, after that, the rate can reset with a 2% annual rate cap. On the reset date, the composite rate is 5%. What would the Year 3 monthly payment be?

(A) $955

(B) $1,067

(C) $1,071

(D) $1,186

(E) Because of the rate cap, the payment would not change.

The Distance Plus partnership has the following capital balances at the beginning of the current year: Tiger (50% of profits and losses) $ 175,000 Phil (30%) 145,000 Ernie (20%) 160,000 Each of the following questions should be viewed independently. a. If Sergio invests $190,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus method is used b. If Sergio invests $150,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the bonus c. If Sergio invests $170,000 in cash in the business for a 25 percent interest, what journal entry is recorded? Assume that the goodwill method is used

In a recent year, the average daily circulation of the Wall Street Journal was 2,276,207. Suppose the standard deviation is 70,940. Assume the paper’s daily circulation is normally distributed.

(a) On what percentage of days would circulation pass 1,794,000?

(b) Suppose the paper cannot support the fixed expenses of a full-production setup if the circulation drops below 1,619,000. If the probability of this even occurring is low, the production manager might try to keep the full crew in place and not disrupt operations. How often will this even happen, based on this historical information?

Blink of an Eye Company is evaluating a 5-year project that will provide cash flows of $35,700, $62,070, $62,450, $60,260, and $43,300, respectively. The project has an initial cost of $158,080 and the required return is 8.3 percent. What is the project's NPV? (I got 49,836.08, can someone confirm)