22 23 24 solution please

ou would like to performance of Colgate-Palmolive. You are missing following ratios, because you need them interest coverage ratio, ROE. And then decide whether you should buy such common into your model Determine PE, I the appropriate PE ratio Colgate-Palmol Ins Current Assets 4863 EAT 180 Interest 970 Number of Shares 906 710 66.08 USD per share Current Market Price 23) Catherine has planned to start her college education five years from now. To pay for her college education, she has to save l 500 USD every three months Orte next five years in a bank acount paying 8% annual interest rate compounded quarterly. How much will she have at the end of the fifth year? 24) Edwards Manufacturing Company is considering replacing one machine with another. Th years ago for an installed cost of 10 000 USD. The firm is depreciating the machine under MACRS, using a 5-year recovery period (Depreciation percentages are: year l-20% year 32% year 3-1996). The new USD in installation costs. The firm is subject to a 40% tax rate. e old machine was purchased 3 machine costs 24 000 USD and requires 2 000 (a) Calculate the initial investment for the replacement if the firm is able to sell the old machine for 7 000 USD. (b) New machine will operate 6 years, Iit will generate after tax incremental cash flow of 4 000 USD per year. At the end of the sixth year book value and market value of the machine are estimated to be 0. Edwards Manufacturing cost of capital is 12%. Should the replacement be made