20.Income StatementBullseye, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $906,000, Interest expense = $94,000, and Net income = $579,000. What is the 2008 Taxes reported on the income statement?

There is not enough information to calculate 2008 Taxes.

$327,000

$233,000

$812,000

21.Income StatementBarnyard, Inc.'s 2008 income statement lists the following income and expenses: EBIT = $506,500, Interest expense = $48,000, and Net income = $327,000. What is the 2008 Taxes reported on the income statement?

$131,500

There is not enough information to calculate 2008 Taxes.

$458,500

$179,500

22.Portfolio BetaYou own $1,900 of City Steel stock that has a beta of 1.68. You also own $6,800 of Rent-N-Co (beta = 1.98) and $5,800 of Lincoln Corporation (beta = 1.08). What is the beta of your portfolio (closest to)?

1.58

1.00

3.59

4.74

23.Asset Management and Profitability RatiosYou have the following information on Universe It Ts, Inc.: sales to working capital = 15 times, profit margin = 25.5%, net income available to common stockholders = $3.5 million, and current liabilities = $1.5 million. What is the firm's balance of current assets?

$2.415m

$0.915m

$7.382m

$1.56m

24.Investment ReturnMedTech Corp stock was $51.45 per share at the end of last year. Since then, it paid a $0.95 per share dividend. The stock price is currently $63.00. If you owned 500 shares of MedTech, what was your percent return?

19.84%

24.30%

15.08%

18.46%

25.Portfolio BetaYou own $1,500 of City Steel stock that has a beta of 1.61. You also own $6,100 of Rent-N-Co (beta = 1.91) and $5,100 of Lincoln Corporation (beta = 1.01). What is the beta of your portfolio (closest to)?

1.51

3.11

4.53

1.00