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answer the attached questions ASAP. Attached 18 questions multiple chose. A firm has common stock of $100, paid-in surplus of $370, total liabilities of $460,

answer the attached questions ASAP. Attached 18 questions multiple chose.

image text in transcribed A firm has common stock of $100, paid-in surplus of $370, total liabilities of $460, current assets of $490, and net fixed assets of $700. What is the amount of the shareholders' equity? 17_2014_QC_54146 $240 $730 $1,190 $580 $930 Ivan's, Inc. paid $466 in dividends and $578 in interest this past year. Common stock increased by $188 and retained earnings decreased by $114. What is the net income for the year? $766 $466 $578 $930 $352 The tax rates are as shown. Taxable Income $0 - 50,000 50,001 - 75,000 75,001 - 100,000 100,001 - 335,000 Tax Rate 15% 25% 34% 39% What is the average tax rate for a firm with taxable income of $121,513? 27.71% 39.00% 25.22% 20.00% 36.12% The tax rates are as shown. Taxable Income $0 - 50,000 50,001 - 75,000 75,001 - 100,000 Tax Rate 15% 25% 34% 100,001 - 335,000 39% Your firm currently has taxable income of $81,200. How much additional tax will you owe if you increase your taxable income by $22,400? $7,616 $7,416 $7,406 $8,736 $7,796 Your firm has net income of $371 on total sales of $1,460. Costs are $800 and depreciation is $130. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash flow? $371 $530 $901 $501 $660 Teddy's Pillows has beginning net fixed assets of $464 and ending net fixed assets of $536. Assets valued at $312 were sold during the year. Depreciation was $28. What is the amount of net capital spending? $100 $252 $412 $72 $44 At the beginning of the year, a firm has current assets of $331 and current liabilities of $235. At the end of the year, the current assets are $499 and the current liabilities are $275. What is the change in net working capital? -$128 $128 $168 $0 $208 At the beginning of the year, long-term debt of a firm is $284 and total debt is $327. At the end of the year, long-term debt is $257 and total debt is $337. The interest paid is $23. What is the amount of the cash flow to creditors? -$50 $23 $50 -$27 $27 Peggy Grey's Cookies has net income of $440. The firm pays out 40 percent of the net income to its shareholders as dividends. During the year, the company sold $89 worth of common stock. What is the cash flow to stockholders? $264.00 $140.40 $87.00 $176.00 $265.00 A firm has sales of $1,190, net income of $223, net fixed assets of $538, and current assets of $294. The firm has $98 in inventory. What is the commonsize statement value of inventory? 11.78 percent 8.24 percent 18.22 percent 43.95 percent 33.33 percent Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 9,460 Less: Cost of goods 7,710 sold 460 Less: Depreciation Earnings before $ interest and taxes 1,290 102 Less: Interest paid $ Taxable Income 1,188 416 Less: Taxes $ 772 Net income Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 220 $ 250 1,36 payable 1,330 0 Accounts rec. Long1,29 1,090 term debt 0 $ Common $ Inventory 1,780 1,680 3,22 stock 3,320 0 $ $Retained 630 880 Total 2,980 2,810earnings Net fixed 3,390 3,940 assets $ $ $Total liab. $ Total 6,75 6,370 6,750& equity 6,370 assets 0 980 880 What is the quick ratio for 2010? 1.88 0.81 1.24 2.07 0.83 Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 8,750 Less: Cost of goods 7,390 sold 415 Less: Depreciation Earnings before $ 945 interest and taxes 90 Less: Interest paid Taxable Income $ 855 299 Less: Taxes $ 556 Net income Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 150 $ 180 1,18 payable 1,070 5 Accounts Long1,27 840 740 1,040 rec. term debt 0 $ Common $ Inventory 1,580 1,565 2,94 stock 3,220 0 Total $ $Retained 2,570 2,485earnings 530 780 Net fixed 3,290 3,690 assets Total assets $ $ $Total liab. $ 6,17 5,860 6,175& equity 5,860 5 What is the days' sales in receivables? (use 2010 values) 58.53 days 43.74 days 30.45 days 32.95 days 30.87 days Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 11,400 Less: Cost of goods 8,150 sold 440 Less: Depreciation Earnings before $ interest and taxes 2,810 108 Less: Interest paid $ Taxable Income 2,702 946 Less: Taxes $ Net income 1,756 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 320 $ 350 2,02 payable 1,950 2 Accounts Long1,39 1,190 1,090 1,110 rec. term debt 3 $ Common $ Inventory 2,120 1,805 3,07 stock 3,440 0 $ $Retained 690 940 Total 3,630 3,245earnings Net fixed 3,560 4,180 assets Total assets $ $ $Total liab. $ 7,42 7,190 7,425& equity 7,190 5 What is the equity multiplier for 2010? 1.36 2.84 1.85 3.71 2.42 Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 9,200 Less: Cost of goods 7,550 sold 370 Less: Depreciation Earnings before $ interest and taxes 1,280 97 Less: Interest paid $ Taxable Income 1,183 414 Less: Taxes $ 769 Net income Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 190 $ 220 1,51 payable 1,370 2 Accounts Long1,30 950 850 1,070 rec. term debt 3 $ Common $ Inventory 1,620 1,635 2,95 stock 3,200 0 $ $Retained 510 760 Total 2,760 2,705earnings Net fixed 3,390 3,820 assets Total $ $Total liab. $ $ assets 6,150 6,525& equity 6,150 6,52 5 What is the cash coverage ratio for 2010? 2.27 3.72 13.20 7.50 17.01 Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 9,600 Less: Cost of goods 7,750 sold 450 Less: Depreciation Earnings before $ interest and taxes 1,400 92 Less: Interest paid $ Taxable Income 1,308 458 Less: Taxes $ 850 Net income Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 240 $ 275 1,62 payable 1,490 5 Accounts Long1,35 1,030 930 1,030 rec. term debt 5 $ Common $ Inventory 1,700 1,685 2,99 stock 3,280 0 $ $Retained 610 860 Total 2,970 2,890earnings Net fixed 3,440 3,940 assets $ $ $Total liab. $ Total 6,83 6,410 6,830& equity 6,410 assets 0 What is the return on equity for 2010? 22.08 percent 46.82 percent 27.11 percent 28.43 percent 36.36 percent Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) $ Net sales 10,250 Less: Cost of goods 8,050 sold 380 Less: Depreciation Earnings before $ interest and taxes 1,820 104 Less: Interest paid $ Taxable Income 1,716 515 Less: Taxes $ Net income 1,201 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 $ Accounts $ Cash $ 300 $ 325 1,93 payable 1,630 7 Accounts Long1,27 1,150 1,050 1,090 rec. term debt 8 $ Common $ Inventory 1,820 1,680 3,05 stock 3,400 0 $ $Retained 670 920 Total 3,270 3,055earnings Net fixed 3,520 4,130 assets $ $ $Total liab. $ Total 7,18 6,790 7,185& equity 6,790 assets 5 Windswept, Inc. has 570 million shares of stock outstanding. Its price-earnings ratio for 2010 is 15. What is the market price per share of stock? $17.63 $21.07 $24.21 $31.61 $47.89 A firm has total debt of $1,530 and a debt-equity ratio of 0.38. What is the value of the total assets? $5,556.32 $3,800.00 $5,814.00 $2,111.40 $4,026.32 The Green Giant has a 4 percent profit margin and a 63 percent dividend payout ratio. The total asset turnover is 1.3 and the equity multiplier is 1.6. What is the sustainable rate of growth? 5.09 percent 2.08 percent 8.32 percent 32.76 percent 3.18 percent

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