Question
Aylward Inc. currently has $ 2,127,000 in current assets and $ 831,000 in current liabilities. Thecompany's managers want to increase thefirm's inventory, which will be
- Aylward Inc. currently has $2,127,000 in current assets and $831,000 in current liabilities. Thecompany's managers want to increase thefirm's inventory, which will be financed by ashort-term note with the bank. What level of inventories can the firm carry without its current ratio falling below 2.1?
The cost of the additional inventory financed with theshort-term note is?
2.The Malia Corporation had sales in 2015 of $64 million, total assets of $40 million, and total liabilities of $ 17 million. The interest rate on thecompany's debt is 6.9 percent and its tax rate is 30 percent. The operating profit margin was 12.7 percent. What were thecompany's operating income and netincome? What was the operating return on assets and return onequity? Assume that interest must be paid on all of the debt.
The operating income was ? (Round to the nearestdollar.)
The net income was ? (Round to the nearestdollar.)
The operating return on assets was? (Round to one decimalplace.)
The return on equity was? (Round to one decimalplace.)
3.To what amount will the following investmentsaccumulate?
a. $4,800 invested for 8 years at 9 percent compounded annually.
b. $8,100 invested for 8 years at 8 percent compounded annually.
c. $750 invested for 12 years at 11 percent compounded annually.
d. $21,000 invested for 5 years at 5 percent compounded annually.
To what amount will $4,800 invested for 8 years at 9 percent compounded annuallyaccumulate?
$ (Round to the nearestcent.)
a. ?
b. ?
c. ?
d. ?
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