Question 20

1. ABC Company has net working capital of $2,612, current assets of $9,741, long-term debt of $2,652, and equity of $3,926. What is the amount of net fixed assets?

   Enter your answer rounded off to two decimal points. Do not enter $ in the answer box

1 points

Question 21

1. You are given the following information about ABC Company: Interest expenses = $10,924 Times Interest Earned Ratio = 4 times Tax Rate = 22.1%

   What is the net income?

   Enter your answer rounded off to two decimal points.

1 points

Question 22

1. What is the net present value of the following cash flows? Assume an interest rate of 16%

   Year	CF
   0	-$12,861
   1	$7,001
   2	$6,271
   3	$6,173

   Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answers box.

1 points

Question 23

1. ABC is reviewing a project that will cost $1,583.The project will produce cash flows $679 at the end of each year for the first two years and $667 at the end of each year for the next three years. What is the profitability index? Assume interest rate is 7%.

   Note: Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

1 points

Question 24

1. ABC Company has a debt ratio of 0.2. What is the debt-equity (D/E) ratio?

   Note: Enter your answer rounded off to two decimal points. For example, if your answer is 0.123456789 then enter as 0.12 in the answer box.

1 points

Question 25

1. What is the future value of $40,039 invested for 8 years at 14% compounded semi-annually?

   Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

1 points

Question 26

1. The present value of a 11-year annuity is $200,958. If the interest rate is 10% and payments are made at the end of each period, what is the amount of each payment? Enter your answer rounded off to two decimal points. Do not enter $ in the answer box.

1 points

Question 27

1. Suppose an investment offers to double your money in 18 years. What annual rate of return are you being offered if interest is compounded semi-annually?

   Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

1 points

Question 28

1. ABC, Inc. has a total asset turnover of 1.3 and a net profit margin of 5.2%. The firm has a return on equity of 21.7%. Calculate Marshall