Finance question and answers for July 09, 2023
- Q Mary has received a job offer from a large investment bank as anassistant to the vice president. Her base salary will be $60,000today. Assuming for simplicity that she will receive...
- Q Pasha Corporation produces motorcycle batteries. Pasha turns out1,700 batteries a day at a cost of $6 per battery for materials andlabor. It takes the firm 23 days to convert raw...
- Q There are two major divisions of finance in acorporation Controller and Treasurer. Provide 4 job descriptionsthat fall under each of the two divisions.
- Q Engberg Company installs lawn sod in home yards. The company’smost recent monthly contribution format income statement follows:Amount Percent of Sales Sales $ 130,000 100 % Variable expenses52,000 40 % Contribution...
- Q Which of the firms below is likely to receive the most favorableterms when borrowing money from the bond market?Firm A: cash coverage ratio = 0.6 and debt-to-equity ratio =1.2Firm B:...
- Q Calculate the following for each of the years listedA. Debt/ Equity ratioB. Debt/asset ratioC.Profit Margin (as a %)D. Gross Margin (as a %)E. Calculate the change in profit margin over...
- Q You bought 1000 shares of ABC stock on margin at the beginningof April 2012 at $4.80 per share. You deposited a 50% margin whichwas higher than the initial margin of...
- Q The Rodriguez Company is considering an average-risk investmentin a mineral water spring project that has a cost of $170,000. Theproject will produce 1000 cases of mineral water per yearindefinitely starting...
- Q Five years ago a XYZ stock paid a $1.15 dividend. Since then ithas split two for one once and three for two twice. XYZ currentearnings per share are $1.15, and...
- Q I am completing a questionnaire for my course. How can Ire-write following questions as closed-ended questions to beincluded in the questionnaire?1.Do you believe that World Bank loans significantly helpedeconomic development...
- Q •Alton Enterprises needs someone to supply it with 175,000cartons of machine screws per year to support its manufacturingneeds over the next 5 years, and you have decided to bid on...
- Q A firm expects cash flows from an initial investment of 1 000000$. The expected cash flows are as follows:1.year: 600 000$ , 2.year: 400 000$, 3.year: 350 000$, 4.year:300 000$If...
- Q Stock split and its effects [LO18-4] Wilson Pharmaceuticals’stock has done very well in the market during the last three years.It has risen from $55 to $80 per share. The firm’s...
- Q Stock dividend and its effect [LO18-4]Ace Products sells marked playing cards to blackjack dealers. Ithas not paid a dividend in many years, but is currentlycontemplating some kind of dividend.The capital...
- Q Based on the class text book- Principles of Managerial Financeby Gitman & Zutter - Chapter 4-Cash Flow and Financial Planningother additional readings, Solve the following problem on Cash FlowStatement.The income...
- Q You are evaluating the balance sheet for National Nut Company.From the balance sheet you find the following balances: Cash andmarketable securities = $34,800, Accounts receivable = $118,600,Inventory = $208,700, Fixed...
- Q Lancaster Lumber buys $8 million of materials (net of discounts)on terms of 3/5, net 75; and it currently pays on the 5th day andtakes discounts. Lancaster plans to expand, which...
- Q Leyton Lumber Company has sales of $8 million per year, all oncredit terms calling for payment within 30 days, and its accountsreceivable are $1.6 million. Assume 365 days in year...
- Q Parramore Corp has $12 million of sales, $1 million ofinventories, $4 million of receivables, and $2 million of payables.Its cost of goods sold is 80% of sales, and it finances...
- Q A firm evaluates all of its projects by using the NPV decisionrule. At a required return of 12 percent, the NPV for the followingproject is $ and the firm should...
- Q Which of the following statements is? FALSE?A. When an investor chooses her optimal? portfolio, she will doso by finding the tangent line using the risk-free rate thatcorresponds to her investment...
- Q Q#1Fashion Company reported the following:Common stock, $3 par, 10,000 shares authorized, 5,000 shares issuedand outstandingWhat is the effect of a 10% stock dividend if the market price ofthe common stock...
- Q Analyze the prospectuses of five companies going public. Whatare the reasons they state for going public? How are they going touse the proceeds? What are the major risk factors presented?...
- Q What is the difference between discounted present value and netpresent value? What is the NPV of the following cash flows, assuming a 6%discount rate?Initial investment – year 0:$(1,000,000)Year 1 cash flows:...
- Q Bilbo Baggins wants to save money to meet three objectives.First, he would like to be able to retire 30 years from now withretirement income of $21,000 per month for 20...
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