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1. Use the below information to answer the following question. Income Statement Balance Sheet Forthe Year Beginning of Year End of Year Net sales COGS

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1. Use the below information to answer the following question. Income Statement Balance Sheet Forthe Year Beginning of Year End of Year Net sales COGS Depreciation 827,500.00 Cash 611,800.00 Accounts re ceivable 23,100.00 Inventory 38,200.00 $ 43,700.00 S91,400.00 S 86,150.00 $ 203,900.00 S 214,600.00 S 516,100.00 $ 537,950.00 Net fixed assets 192,600.00 EBIT Interest 9,700.00 Total assets 849,600.00 $882,400.00 182,900.00 Taxable income Taxes S136,100.00 S104,300.00 S329,500.00 $298,200.00 S 176,700.00 Common stock ($1 parvalue 75,000.00 82,000.00 849,600.00 $882,400.00 6,200.00 Accounts payable Long-term debt Net income Total Liab.&Equity What is debt-equity ratio at year-end? A. .27 B. 62 C. 1.21 D. .84 E. 1 Calculate the market price of a perpetual bond whose face value is $1,500, coupon rate is 10 percent and market yield of 5.5 percent? Suppose the Monica Lim's Famous cookie shop has been earning 18% on equity and retaining 25%. Lim's famous cookie shop is a publicly traded company that offers dividend payouts and this situation is expected to continue. What's the expected future g? 2. 3

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