Questions
A firm has a currentmarketvalueofINR250 crores. The current cost of equity is 15%and the tax rate...

A firm has a currentmarketvalueofINR250 crores. The current cost of equity is 15%and the tax rate is 20 percent. If the firm has announced to issue a per- petual debt of INR 50 crores at 6% interest rate to change the capital structure of the firm, what is the market value of the firm after this announcement?

In: Finance

When a country's risk-free rate falls, the cost of equity to an MNC in that country...

When a country's risk-free rate falls, the cost of equity to an MNC in that country ___, and the cost of debt to an MNC in that country __, other things held constant.

increases; increases

decreases; decreases

is not affected; increases

is not affected; is not affected

In: Finance

A firm has a currentmarketvalueofINR250 crores. The current cost of equity is 15%and the tax rate...

A firm has a currentmarketvalueofINR250 crores. The current cost of equity is 15%and the tax rate is 20 percent. If the firm has announced to issue a per- petual debt of INR 50 crores at 6% interest rate to change the capital structure of the firm, what is the market value of the firm after this announcement?

In: Finance

BCC is looking to acquire ZZP Co. This investment will cost $2.3 million and is expected...

BCC is looking to acquire ZZP Co. This investment will cost $2.3 million and is expected to give BBC returns of $680,000 yearly for the next 11 years. ZZP has a beta of 2.1. The current treasury bond rate is 3.7% while the stock market return is 14.9%. Calculate the risk-adjusted discount rate for ZZP and the risk-adjusted NPV. Should BBC acquire ZZP? State your reasons.

In: Finance

The following are the transactions for the month of July. Units Unit Cost Unit Selling Price...

The following are the transactions for the month of July.


Units Unit Cost Unit
Selling Price
  July 1 Beginning Inventory 45 $ 10
  July 13 Purchase 225 13
  July 25 Sold ( 100 ) $ 15
  
  July 31 Ending Inventory 170


Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under (a) FIFO, (b) LIFO, and (c) weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.)

FIFO (Periodic)
Units Cost per Unit Total
Beginning Inventory 45 $10.00 $450
Purchases
July 13 225 $13.00 2,925
Goods Available for Sale 3,375
Cost of Goods Sold
Units from Beginning Inventory 45 $10.00
Units from July 13 Purchase 55 $13.00
Total Cost of Goods Sold 1,165
Ending Inventory $2,210
FIFO (Periodic)
Sales
Cost of Goods Sold 1,165
Gross Profit
LIFO (Periodic)
Units Cost per Unit Total
Beginning Inventory $0
Purchases
July 13 0
Goods Available for Sale
Cost of Goods Sold
Total Cost of Goods Sold 0
Ending Inventory
LIFO (Periodic)
Sales
Cost of Goods Sold
Gross Profit
Weighted Average (Periodic)
Units Cost per Unit Total
Beginning Inventory $0
Purchases 0
Goods Available for Sale
Cost of Goods Sold 0
Ending Inventory
Weighted Average (Periodic)
Sales
Cost of Goods Sold
Gross Profit

In: Finance

When a country's risk-free rate falls, the cost of equity to an MNC in that country...

When a country's risk-free rate falls, the cost of equity to an MNC in that country _____, and the cost of debt to an MNC in that country ____, other things held constant.

In: Finance

If a company adds 60 new workstations at a cost of $100,000 each and also spends...

If a company adds 60 new workstations at a cost of $100,000 each and also spends $20 million for additional space in its camera/drone assembly facilities to accommodate more workstations, then its annual depreciation costs will rise by?

How do I know what deprecijation rate to use? *** (ie. 4% or 5%)

In: Finance

Estimate this company's cost of common equity. This is a set of data you were able...

Estimate this company's cost of common equity.

This is a set of data you were able to collect. Upcoming dividend (D1) = $2.25; Price as of today = $27.50; Capial Gain Yield= 7.00% (constant); and F = 10.00%; Tax rate =40%.

What is the cost of equity raised by selling new common stock?

In: Finance

Mr. Big purchased a corner lot five years ago at a cost of $498,000 and then...

Mr. Big purchased a corner lot five years ago at a cost of $498,000 and then spent $63,500 on grading and drainage so the lot could be used. The lot was recently appraised at $610,000. The company now wants to build a new retail store on the site. The building cost is estimated at $1.1 million. What amount should be used as the opportunity costs at time 0 for this building project?

$1,710,000

$673,500

$1,100,000

$561,500

$610,000

In: Finance

Your firm is considering a project with a four-year life and an initial cost of $87,000....

Your firm is considering a project with a four-year life and an initial cost of $87,000. The discount rate for the project is 15 percent. The firm expects to sell 1,800 units a year. The cash flow per unit is $19. The firm will have the option to abandon this project after two years at which time they expect they could sell the project for $40,000. At what level of sales should the firm be willing to abandon this project?
A. 1,295 units
B. 1,361 units
C. 1,540 units
D. 1,565 units

In: Finance