1. First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6 percent interest compounded annually.

Required:

If you made a deposit of $7,500 in each bank, how much more money would you earn from your Second City Bank account at the end of 10 years? (Do not round intermediate calculations and round your answer to 2 decimal places (e.g., 32.16).)

Difference

$

1. Mustaine, Inc., has a current stock price of $54. For the past year, the company had net income of $7,900,000, total equity of $26,300,000, sales of $50,500,000, and 4.1 million shares of stock outstanding.

Requirement 1:

What are earnings per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Earnings per share

$

Requirement 2:

What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Price-earnings ratio

times

Requirement 3:

What is the price-sales ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Price-sales ratio

times

Requirement 4:

What is the book value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Book value per share

$

Requirement 5:

What is the market-to-book ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Market-to-book ratio

times

1. SDJ, Inc., has net working capital of $1,730, current liabilities of $5,140, and inventory of $2,170.

Requirement 1:

What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).)

Current ratio

times

Requirement 2:

What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 3.16).)

Quick ratio

times

1. During the year, Belyk Paving Co. had sales of $2,600,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,535,000, $465,000, and $520,000, respectively. In addition, the company had an interest expense of $245,000 and a tax rate of 35 percent. Ignore any tax loss carryback or carryforward provisions. Belyk Paving Co. paid out $420,000 in cash dividends. If net capital spending was zero, no new investments were made in net working capital, and no new stock was issued during the year. (Enter your answer as directed, but do not round intermediate calculations.)

Required:

Calculate the firm's new long-term debt added during the year.

New long-term debt

$