Q1. Baldwin's balance sheet has $90,585,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Baldwin's book value?Select: 1

A. $88,585,000 C. $84,585,000

B. $92,585,000 D. $34,597,000

Q2. All else constant, what would Baldwin's SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Beetle's promotional budget and $750,000 for Beetle's sales budget?Select: 1

A. 11.1% C. 11.7%

B. 8.3% D. 9.7%

Q3. Currently Digby is paying a dividend of $18.72 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?Select: 1

A. $3.64 C. 9.7%

B. $22.36 D. 11.6%

Q4. Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Baldwin to pull the product Bid entirely off the market this year. Assume Baldwin scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Baldwin or other companies. Without Baldwin's product Bid how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000).Select: 1

A. 8,572 E. 7,372

B. 9,549 F. 8,838

C. 4,419 G. 8,349

D. 7,609

Q5. In the Month of March, Baldwin received orders of 167 units at a price of $15.00 for their product Bat, and in April receives an order for 42 units of their product Bat at $15.00. Baldwin uses the accrual method of accounting and offers 30 day credit terms. Baldwin delivers 0 units in March, 167 units in April and 42 units in May. They received payment for 167 units in April, and payment for 42 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)Select: 1

A. $2,505 , $626 C. $1,044 , $1,044

B. 0, $2,505 D. $3,131 , 0