Questions
Consider a project with a 4-year life. The initial cost to set up the project is...

Consider a project with a 4-year life. The initial cost to set up the project is $100,000. This amount is to be linearly depreciated to zero over the life of the project and there is no salvage value. The required return is 13% and the tax rate is 34%.

You've collected the following estimates:

Base case Pessimistic Optimistic
Unit sales per year (Q) 7,000 5,000 9,000
Price per unit (P) 50 40 60
Variable cost per unit (VC) 20 35 15
Fixed costs per year (FC) 30,000 50,000 20,000

   Attempt 2/5 for 10 pts.

Part 1

What is the annual free cash flow in the base case?

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   Attempt 1/5 for 10 pts.

Part 2

What is the NPV in the base case?

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   Attempt 1/5 for 10 pts.

Part 3

What is the NPV in the pessimistic case?

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   Attempt 1/5 for 10 pts.

Part 4

What is the NPV in the optimistic case?

In: Finance

9717  shares of common stock outstanding at the beginning of the year. Net income was $384,717 ....

9717  shares of common stock outstanding at the beginning of the year. Net income was $384,717 . No dividends were paid this year nor last year. On july, the company purchased 2,000 shares of its common stock and held it in treasury. There was a 2 for 1 stock split that occurred on common stock on Dec. 1. The tax rate is 30%. A $1,500,000, 5% nonconvertible bond was issued June 30 of the current year at par value. The company has 2,000 shares outstanding of $100 par value 5% convertible Preferred stock (cumulative and non-participating). The stock was issued at $125 a share on April 1 this year and has current market price of $145 at year-end. One share of preferred stock can convert into 2 shares of common stock, none were converted.

1 Calculate Basic EPS.

2, Calculate fully diluted EPS Is Fully Dilutes EPS a required?

In: Accounting

Write a java program MyCalendar that outputs a monthly calendar for a given month and year....

Write a java program MyCalendar that outputs a monthly calendar for a given month and year.
the output should be looks like this one at the bottom:( I don't know why it doesn't show right but the first day of the month is not Sunday it starts from Wednesday)

F. Last’s My Calendar
Enter month year? 10 2019
10/2019
Sun Mon Tue Wed Thu Fri Sat
---------------------------------
1 2 3 4
5 6 7 8 9 10  11
12 13 14 15 16 17 18
19 20 21   22 23 24 25
26 27 28 29 30 31

In: Computer Science

Pearl Corp. is expected to have an EBIT of $2,200,000 next year. Depreciation, the increase in...

Pearl Corp. is expected to have an EBIT of $2,200,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $95,000, and $135,000, respectively. All are expected to grow at 18 percent per year for four years. The company currently has $11,500,000 in debt and 950,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 2.5 percent indefinitely. The company’s WACC is 8.7 percent and the tax rate is 24 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.)

In: Finance

ABCDEF Corp. currently pays $3.80 in dividend as of this year. ABCDEF’s dividends will grow by...

ABCDEF Corp. currently pays $3.80 in dividend as of this year. ABCDEF’s dividends will grow by 4.1% each year for next 15 years, and then grow by 3.8% each year afterward. What’ the present value of the firm’ tock given this information assuming that the required rate of return for the firm’ industry is 10.1%?

In: Finance

Compute the monthly payments on a 3-year lease for a $26,775 car if the annual rate...

Compute the monthly payments on a 3-year lease for a $26,775 car if the annual rate of depreciation is 12% and the lease's annual interest rate is 4.7%.

In: Finance

The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year...

The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year in terms of production needs to meet the forecasted sales. The board of directors is very supportive of any initiatives that will lead to increased profits for the company in the upcoming year.

Waterways markets a simple water controller and timer that it mass produces. During 2016, the company sold 407,500 units at an average selling price of $8 per unit. The variable expenses were $1,874,500, and the fixed expenses were $390,000.

What is the product’s contribution margin ratio? (Round answer to 2 decimal places, e.g. 25.15%.)
Contribution margin ratio %
What is the company’s break-even point in units and in dollars for this product? (Round answers to 0 decimal places, e.g. 5,275.)
Break-even point in units units
Break-even point in dollars $
What is the margin of safety, both in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 25.25%.)
Margin of safety in dollars $
Margin of safety ratio %
If management wanted to increase income from this product by 10%, how many additional units would the company have to sell to reach this income level? (Round answer to 0 decimal places, e.g. 5,275.)
Waterways would have to sell an additional units
If sales increase by 85,000 units and the cost behaviours do not change, how much will income increase on this product? (Round answer to 0 decimal places, e.g. 5,275.)
Income will increase by $
Waterways is considering mass producing one of its special-order screens. This would increase variable costs for all screens by an average of $0.85 per unit. The company also estimates that this change could increase the overall number of screens sold of 10%, and the average sales price would increase of $0.30 per unit. Waterways currently sells 590,090.0000000000 screen units at an average selling price of $28.00. The manufacturing costs are $8,236,214 variable and $2,460,170 fixed. Selling and administrative costs are $3,193,622 variable and $953,940 fixed.

If Waterways begins mass producing its special-order screens, how would this affect the company? (Round percentage answers to 2 decimal places, e.g. 25.15% and other answers to 0 decimal places, e.g. 5,275.)
Current New Effect
Contribution margin ratio % %

Decrease/Increase

by %
Operating income $ $

Increase/Decrease

by $
If the average sales price per screen unit did not increase when the company began mass producing the screen units, what would be the effect on the company? (Round percentage answer to 2 decimal places, e.g. 25.15% and other answers to 0 decimal places, e.g. 5,275.)
Contribution margin ratio will

decrease/increase

by %.
Profit will

decrease/increase

by $ .

In: Accounting

Pearl Corp. is expected to have an EBIT of $2,900,000 next year. Depreciation, the increase in...

Pearl Corp. is expected to have an EBIT of $2,900,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $130,000, and $170,000, respectively. All are expected to grow at 19 percent per year for four years. The company currently has $15,000,000 in debt and 1,300,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3 percent indefinitely. The company’s WACC is 8.5 percent and the tax rate is 21 percent

What is the price per share of the company's stock

Share price?

In: Finance

Consider a project with an initial investment of $60,000, a 6 year usefule life (and study...

Consider a project with an initial investment of $60,000, a 6 year usefule life (and study period), and a $10,000 salvage value. You expect an annual net revenue of $15,000 (before tax), a MARR before tax of 15.3%, and an effective tax rate of 35%. The capital equipment is to be depreciated using MACRS GDS and a 3 year class life. Develop the after-tax cash flows and draw the cash flow diagram

In: Finance

A stock pays an annual dividend of $8.4 in one year time. The dividend is expected...

A stock pays an annual dividend of $8.4 in one year time. The dividend is expected to increase by 7% per year (roughly the inflation rate) forever. The price of the stock is $73 per share. At what cost of capital is this stock priced?

Select one:

a. The cost of capital is 18.51%

b. The cost of capital is 19.51%

c. The cost of capital is 17.51%

d. The cost of capital is 19.01%

In: Finance