Ingram Dog Kennels had the following financial statistics for 2010: Long-term debt $400,000 (average rate of interest is 8%) Interest expense 35,000 Net income 48,000 Income tax 46,000 Operating income 107,000 What is the times interest earned for 2010? a. 11.4 times b. 3.3 times c. 3.1 times d. 3.7 times e. none of the answers are correct ANS: D I know this is easy and answered but what did they do to get it

Applied Materials Inc. (Symbol: AMAT) has the following financial statistics: stock price = $19.08, market cap = $25.83 billion, beta = 0.3, dividend payout ratio = 23%, EPS = $1.10, Expected DPS = $0.24, analyst forecast of earnings growth rate = 12%. Based on the constant growth valuation model and using only the data provided, what expected rate of return is priced into the stock?

A.

12.01%

B.

13.26%

C.

35%

D.

None of the above

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According to constant growth dividend discount method,

P = D/ (r - g)

r = D / P + g = 0.24 / 19.08 + 0.12 = 13.26%

Answer B

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QUESTION 17 Applied

Materials Inc. (Symbol:

AMAT) has the following

financial statistics: stock

price = $19.08, market cap

= $25.83 billion, beta = 0.3,

dividend payout ratio = 2...

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Question 231 pts Soni

Manufacturing reports the

following capital structure:

Current liabilities

P100,000 Long-term

debt 400,000 Deferred

income taxes 10,000

Preferred stock 80,000 ...

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Applied Materials Inc. (Symbol: AMAT) has the following financial statistics: stock price = $19.08, market cap = $25.83 billion, beta = 0.3, dividend payout ratio = 23%, EPS = $1.10, Expected DPS = $0.24, analyst forecast of earnings growth rate = 12%. Suppose r = 16%. Based on the constant growth valuation model and using the data provided, calculate the stock price. A. $1...

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Q:

Applied Materials Inc. (Symbol: AMAT) has the following financial statistics: stock price = $19.08, market cap = $25.83 billion, beta = 0.3, dividend payout ratio = 23%, EPS = $1.10, Expected DPS = $0.24, analyst forecast of earnings growth rate = 12%. Suppose required rate of return, r = 16%. Based on the constant growth valuation model and using the data provided, calculate the...

A:

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