Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please show work in excel Company XYZ BALANCE SHEET 2016 2019 ASSETS Cash Acconts Receivable Inventory Total Current Assets $ $ $ $ 938 $
Please show work in excel
Company XYZ BALANCE SHEET 2016 2019 ASSETS Cash Acconts Receivable Inventory Total Current Assets $ $ $ $ 938 $ 9,745 $ 7,968 $ 18,651 $ 2017 1,070 $ 11,531 $ 9,455 $ 22,056 $ 2018 1,248 $ 13,640 $ 11,020 $ 25,908$ 1,471 15,686 12,673 29,830 905 Land Buildings Less: Accumulated Depreciation Total Assets $ $ $ $ 905 $ 4,015 $ 700 $ 22,871 $ 905 $ 4,713 $ 857 26,817 $ 905 $ 5,450 $ 1,039 $ 31,224 $ 5,580 1,225 35,090 Average Proportion Rate Adj Rate Weighted LIABILITIES AND EQUITY Accounts Payable Taxes Payable Total Current Liabilities $ $ 13,503 $ 638 $ 14,142 $ 16,360 $ 770 $ 17,130 $ 19,356 $ 948 $ 20,305 $ 21,419 1,171 22,590 $ 4,851 46.38% 9.00% 7.2% 3.34% Long-Term Debt Total Liabilities $ $ 5,315 $ 19,457 $ 5,016 $ 22,146 $ 4,702 $ 25,007 $ 4,371 26,961 Common stock Retained earnings Total Equity $ $ $ 1,273 $ 2,141 $ 3,414 $ 1,273 $ 3,398 $ 4,671 $ 1,273 $ 4,944 $ 6,217 $ 1,273 6,856 8,129 15.8% 15.8% $ 5,608 $ 10,459 53.62% 100.00% 8.48% 11.82% Total Liabilities and Equity $ 22,871 $ 26,817 $ 31,224 $ 35,090 0.75 Information Given: Unlevered Beta Long-Term Debt Interest Rate Income Tax Rate T-bill Rate S&P 500 Rate 9.00% 20.0% 2.5% 13.0% $ $ Calculations: Average Debt Average Equity Levered Beta EMRP CAPM 4,851 5,608 1.27 10.5% 15.8% Company XYZ has a loan with an interest rate of 5.5%. Its company tax rate is 30%. Calculate the tax- adjusted rate of the loan. (DO NOT include % sign and use 2 decimals. For example 9.43% would be input as 9.43.)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started