1)

Irresistible Chips is reviewing its financial condition. The firm generates an operating profit of $4,088,637. The firm's interest expense was $2,401,537.

What will be the resulting percentage in earning per share if they expect operating profit to change -0.1 percent?

(you should calculate the degree of financial leverage first)

(write the percentage sign in the "units" box)

Round the answer to two decimals

2)

Marathon Technologies, Inc. is using the modified internal rate of return (MIRR) when evaluating projects. The company is able to reinvest cash flows received from the project at an annual rate of 13.30 percent. The initial outlay for the project is $464,900. Find the MIRR for the company's project. The project will produce the following after-tax cash inflows of

Year 1: $199,400

Year 2: $290,700

Year 3: $204,700

Year 4: $213,300

Round the answer to two decimal places in percentage form. (write the percentage sign in the "units" box)

3)

Find the payback period for the following project:

____________________Project X

Initial Outlay $8,440

Year 1 $3,570

Year 2 $3,420

Year 3 $3,800

Year 4 $7,790

The answer should be calculated to two decimal places.

4)

Post Card Depot, a large retailer of post cards, order 9,160,287 post cards per year from its manufacturer, Post Cards Depot plans on ordering post cards 20 times over the next year. Post Cards Depot receives the same number of post cards each time it orders. The carrying cost is $0.30 per post card per year. The ordering cost is $483 per order.

What is the annual carrying cost of post card inventory (Round the answer to two decimal places)?

5)

nature Food Inc. needs to estimate the cost of financing on preferred stock. The firm has preferred stock outstanding that pays a constant dividend of $2.17 per year. That preferred stock is currently selling for $88.18. However, the underwriter would charge flotation cost of $3.51 per share. What is the form's cost. of preferred stock financing?

Round the answer to two decimal places in percentage form. ( write the percentage sign in the "units" box)