A company is evaluating its capital budget. It finances with debt and common equity. However, the company is not considering to issue any new common stock during the coming year. It is forecasting an EPS of $3.00 for the coming year on its 600,000 outstanding shares of common stock and would like to maintain a $2.00 dividend per share. 25% of the forecasted capital budget will be financed with debt. What is the value of the forecasted capital budget? *

5 points

$1,000,000

$1,800,000

$800,000

$1,200,000

6) Assuming a 360-day year, what is the cash conversion cycle for WXD Corporation based on the following information: Inventory of $50,000; Accounts Receivable of $120,000; Accounts Payable of $20,000; Annual Sales of $300,000; Annual Cost of Goods Sold of $75,000. *

4 points

288 days

292 days

192 days

480 days