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1). TriCycle, Corp. began the year 2008 with $26 million in retained earnings. The firm earned net income of $8.1 million in 2008 and paid

1). TriCycle, Corp. began the year 2008 with $26 million in retained earnings. The firm earned net income of $8.1 million in 2008 and paid $1.11 million to its preferred stockholders and $3.11 million to its common stockholders. What is the year-end 2008 balance in retained earnings for TriCycle?

2). Catering Corp. reported free cash flows for 2008 of $8.02 million and investment in operating capital of $2.02 million. Catering listed $1.02 million in depreciation expense and $2.02 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT?

3). Sustainable Growth RateYou have located the following information on Rock Company: debt ratio = 44.5%, capital intensity ratio = 2.43 times, profit margin = 17%, and dividend payout ratio = 34%. What is the sustainable growth rate for Rock? (Do not round intermediate steps.)

4). Asset Management and Profitability RatiosYou have the following information on Universe It Ts, Inc.: sales to working capital = 12 times, profit margin = 26.2%, net income available to common stockholders = $4.2 million, and current liabilities = $1.2 million. What is the firm's balance of current assets?

5). Solving for RatesWhat annual rate of return is earned on a $4,000 investment made in year 2 when it grows to $8,000 by the end of year 8?

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