castew w ant wat in weather Lhota has renament holder with were years. W e MVA A) SS2.000.000 3) SI300.000 S12.000.000 ng atine nome r Nation has $220.000 and a e the firm has S 0 00, long term debt of $116,000, and common equity of 5435.00. What is its retro A) 1798 B) 18.62 1987% Question 31 Shives Publishing recently reported $13,000 of sales, 55,500 of operating costs other than and $1.250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. During the year, the firm had expenditures on finest and net operating working capital that totaled $1,550. These expenditures were nevary for it to operations and generate future sales and cash flows. What was its free cash flow? A) $3.161 B) $3.763 C $3,086 Question 32 i s! Beranek Corp has 5855,000 of assets (which equal total invested capital), and it was to d financed only with common equity. The new CFO wants to employ enough debt to raise the total de to stal capital ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio? A) $287.280 B) $342.000 C) $318,060 Question 33 Ajax Corp's sales last year were $400,000, its operating costs were $362,500, and its interest charges $12.500. What was the firm's times-interest-earned (TIE) ratio? A) 3.00 B) 4.00 C) 2.04 look value ofrang moret voive of eauty 20.000.000 Question 29 Over the years cyn w e years, O Brien Corporations have wide 520.000.000 of capital, when they purchased new issues of stock and allowed management to retain some of now has 1,000,000 shares of common stock outstanding, and its management to retain some of the firm's earnings. The firm much value has O'Brien's management added nates of common stock outstanding, and it sells at a price of 532.00 per share. How MVAS Bhen's management added to Mockholder wealth over the years, le.. What is Owens A) $64,000,000 B) $13,200,000 C) $12,000,000 Question 30 neming Corporation has operatine Income of $270,000 and a 40% tax rate. The firm has short-term do 119,000, long-term debt of S316,000, and common equity of 5435.000. What is its retum on invenied capital? A) 17.95% B) 18.62% C) 19.87% Question 31 i total invested capitolugh debt to raise the its book 6855.000 of it. The from borrorect debt Shrives Publishing recently reported $13,000 of sales, S5,500 of operating costs other than depreciation and $1.250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow? A) S3,161 B) $3.763 C) $3,086 Question 32 Beranek Corp has 5855,000 of assets (which equal total invested capital), and it uses no debt it is financed only with common equity. The new CFO wants to employ enough debt to raise the total debt to total capital ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio? A) $287,280 B) $342,000 C) $318,060 Question 33 Ajax Corp's sales last year were $400,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times-interest-earned (TIE) ratio? A) 3.00 B) 4.00 C) 2.04