Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Last year, Industrial Industries had current assets of $445,000 and current liabilities of $387,000. This year, they have current assets of $472,000 and current liabilities

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Last year, Industrial Industries had current assets of $445,000 and current liabilities of $387,000. This year, they have current assets of $472,000 and current liabilities of $405,000. What was the firm's investment in net working capital this year? $13,500. $31,500 $4,500 $9,000 $18,000 Previous Page Submit Quiz Next Page 0 of 18 questions saved Page 1 of 18 Question 2 (10 points) Listen Industrial Incorporated has the following account balances: COGS = 4,800; Depreciation=600; Interest = 300; rent = 1,200; Salaries= 3,600; Sales = 12,000, Taxes = 420. Industrial Incorporated's Operating Cash Flow is $1,980 $1,080 $1,680 $1,450 $1,800 Red Fire has an equity multiplier of 1.6, a return on assets of 10.35 percent, and an asset turnover of .9. What is its ROE? 11.6% 14.9% 13.2% 16.6% 21.5% Previous Page Next Page Page 3 of 18 What is the Present Value of $200,000 to be received in 40 years at a discount rate of 10.5%? 16,439.34 8,982,54 3,685.86 1,224.62 21,552.63 Consolidated Industries' Financial Statements show the following: Net Income - 1,000; Sales 8,000 Account Receiveable = 1,600; Accounts Payable = 1,200; Salaries 700; Rent = 400; Current Assets 2,800; Current Liabilities = 2,400; Total Liabilities 3,600; Total Assets = 7,000; Total Equity - 3,400. What is the Common Sized Value for Rent? 11.8% 40.0% 5.0% 5.7% 14.3% Your current account balance is $16,500. You invested $3,000 12 years ago. What rate of return did you earn on this investment? 16.87% 16.36% 14.82% 15.26% 17.44% Listen Triangle Investments would like to sell you an annuity which will pay you $2,500 per quarter for 15 years. How much would you be willing to pay for this annuity if your required rate of return is 10.0 percent? $77,272 $63,193 $68,393 $69,730 $65,372 Previous Page Next Page Page 8 of 18

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Issues In Finance

Authors: Simon Grima, Frank Bezzina, Inna Romanova

1st Edition

1786359073, 978-1786359070

More Books

Students also viewed these Finance questions

Question

Comment should this MNE have a global LGBT policy? Why/ why not?

Answered: 1 week ago