I need help with these problems. Can anyone help with detailed explanation?

Question 1 1. Use the following information for MEB, Inc. for this problem. MSB Inc. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and owners' equity Current liabilities Accounts payable Notes payable Total Longterm debt Owners' equity Common stock and paidin surplus Accumulated retained earnings Total Total liabilities and owners' equity Income statement Sales Cost of goods sold Gross Margin SG&A Depreciation EBIT Interest paid Taxable income Taxes 30% Net income Dividends 40% Retained earnings 60% Shares of stock outstanding Market price per share End 11,020 9,200 15,500 35,720 50,164 85,884 9,400 5,600 15,000 20,000 31,500 19,384 50,884 85,884 62,000 23,200 38,800 18,000 3,600 17,200 2,000 15,200 4,560 10,640 4,256 6,384 13,000 27 2. What are the values of the three ratios in the DuPont identity? A. 0.2158, 0.8241, and 1.5953 B. 0.1238, 0.6313, and 1.6354 C. 0.1238, 0.6313, and 1.7030 D. 0.1716, 0.7219, and 1.6878 E. 0.2158, 0.8331, and 1.6057 F. 0.1716, 0.7304, and 1.6682 Question 2 1. You invest $1,000 in a junk bond that pays no interest but promises to pay back $5,000 after 12 years. What rate of return do you expect to earn? A. 21.15% B. 33.35% C. 17.46% D. 25.89% E. 14.35% F. Question 3 22.28% 1. You are given the following information for Mobility Research, Inc. (MRI). Sales Costs SG&A Interest Dividend paid Retained Earnings Added Total Assets Equity Tax Rate $200,000 $105,000 $20,000 $21,000 $9,000 $21,000 $85,000 $45,000 35% 2. How much was the depreciation charge for MRI? (Hint: Prepare the income statement. You will have to work backwards to find the missing data.) A. $20,077 B. $1,231 C. $7,846 D. $16,000 E. $11,923 F. $3,769 Question 4 1. You are planning to retire in 15 years with $1,000,000. You can earn 10.5% compounded quarterly. How much do you need to invest today? (Note: Answers are rounded.) A. $166,785 B. $193,500 C. $157,820 D. $143,775 E. $182,560 F. $211,260 Question 5 1. You deposit $3,000 at the end of every six months into an account that pays 6% interest compounded monthly. How much will be in the account after 6 years? A. $ 42,668 B. $ 38,858 C. $ 35,278 D. $ 48,044 E. $ 45,252 F. $ 37,011 Question 6 1. The Falmouth Company had a profit margin of 5 percent on sales of $6,500 during the last year. If its return on assets was 8 percent, what was the value of total assets? A. 4,687.50 B. 4,375.00 C. 3,125.00 D. 3,750.00 E. 3,437.50 F. 4,062.50 Question 7 1. You just won the lottery! You wish to put away enough money so that you can withdraw $6,000 per month for 25 years. You can earn 9% rate compounded monthly on any funds you deposit. How much will you have to deposit now to meet your goal? A. $765,313 B. $785,850 C. $714,970 D. $777,845 E. $745,691 F. Question 8 $790,262 1. You plan to retire with $800,000 in 20 years. How much should you deposit each month into an account that pays 9% annual rate compounded monthly? (Note: Compounding frequency is the same as the deposit frequency. Answers are rounded.) A. $1,709 B. $1,124 C. $1,080 D. $1,276 E. $1,198 F. $2,056 Question 9 1. An investment promises to quadruple your money in six years. If the interest is compounded monthly, what effective annual rate would you earn? (Hint: Calculate the monthly rate and convert that to the effective annual rate, EAR.) A. 25.99% B. 16.65% C. 31.95% D. 21.90% E. 41.42% F. 18.92% Question 10 1. We are given the following information for Pinanski, Inc. Sales Debt Dividends Equity Interest rate Net income Tax rate $130,000 55,000 5,000 40,000 7% 13,000 30% 2. Assume the company has no shortterm debt. Also, assume that all asset turnover, profit margin, and dividend payout ratios remain constant. What is the company's return on invested capital (ROIC)? (Hint: First, find EBIT working backwards.) A. 13.51% B. 22.45% C. 20.24% D. 16.52% E. 18.28% F. 14.94% 6 points Question 11 1. Use the following information for MDB, Inc. for this problem. MSB Inc. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and owners' equity Current liabilities Accounts payable Notes payable Total Longterm debt Owners' equity Common stock and paidin surplus Accumulated retained earnings Total Total liabilities and owners' equity Income statement Sales Cost of goods sold Gross Margin SG&A Depreciation EBIT Interest paid Taxable income Taxes 30% Net income Dividends 40% Retained earnings 60% Shares of stock outstanding Market price per share 2. 10,020 9,200 15,500 34,720 50,164 84,884 8,400 5,600 14,000 20,000 31,500 19,384 50,884 84,884 62,000 23,200 38,800 18,000 3,600 17,200 2,000 15,200 4,560 10,640 4,256 6,384 12,000 26 What is the equity multiplier and price to earnings (PE) ratio? A. 1.688, 32.99 B. 1.668, 29.32 C. 1.595, 27.99 D. 1.635, 37.27 E. 1.703, 42.70 F. 1.606, 25.23 Question 12 1. You are 20 years old. You deposit $200 per month for 4 years into an account paying 12 percent annual rate, compounded monthly. After that, you stop making any new deposits but leave the money in the account, earning the same rate. How much money will be in the account when you become 64 years old? A. $1,354,505 B. $1,213,776 C. $1,058,679 D. $905,595 E. $1,452,785 F. $763,410 Question 13 1. BD Lean, Inc. (BDL) had sales of $200,000 on which it earned a net income of $22,000. It has a total debt of $51,000 and total equity of $60,000. Last year, it paid dividends of $6,000. What is its sustainable growth rate (SGR)? A. 36.36% B. 55.56% C. 25.00% D. 45.00% E. 68.75% F. 30.43% Question 14 1. How long will it take for $1,000 to grow to $4,000 at a rate of 21.6 percent compounded monthly? A. 5.83 B. 7.28 C. 4.84 D. 6.48 E. 3.88 F. 5.57 Question 15 1. You are given the following information for last year for Four Corners, Inc. (FCI). Sales $200,000 Increase in net fixed assets SG&A Expenses Cost of goods sold Interest expense Depreciation expense Taxes New equity raised Net increase (or decrease) in longterm debt Dividends $15,000 $15,000 $90,000 $9,000 $8,000 $20,000 $8,000 ($2,500) $15,000 2. What was the change in net working capital during last year? A. $ 29,100 B. $ 33,500 C. $ 42,500 D. $ 47,100 E. $ 24,500 F. $ 38,100 Question 16 1. BB Lean, Inc. (BBL) had sales of $200,000 on which it earned a net income of $18,000. It has a total debt of $45,000 and total equity of $60,000. Last year, it paid dividends of $6,000. If total debt ratio remains constant and it grows at the sustainable growth rate in the coming year, how much new borrowing will take place? (Hint: Calculate SGR first.) A. $18,545 B. $24,300 C. $14,609 D. $31,667 E. $41,250 F. $11,250 Question 17 1. You plan to retire in 30 years with $1 million. You have an investment available that provides a rate of return of 7.5% per year, compounded monthly. How much will you have to deposit every month into this investment account to reach your retirement goal? A. $437.90 B. $605.80 C. $742.15 D. $380.98 E. $670.98 F. $502.14