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Show alm work please! Thank you 8. Industry-Specific Ratios [LO2] Specialized ratios are sometimes used in specific industries. For example, the so-called book-to-bill ratio is

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8. Industry-Specific Ratios [LO2] Specialized ratios are sometimes used in specific industries. For example, the so-called book-to-bill ratio is closely watched for semiconductor manufacturers. A ratio of .93 indicates that for every $100 worth of chips shipped over some period, only $93 worth of new orders were received In November 2016 , the semiconductor equipment industry's book-to-bill ratio was 96. compared to 91 during the month of October 2016 . The book-to-bill ratio reached a recent low of .47 during January 2009 and a recent high of 1.23 during July 2010 . What is this ratio intended to measure? Why do you think it is so closely followed? Use the following information for Questions 6-10: On March 28, 2008. Toyota Motor Credit Corporation (TMCC), a subsidiary i Toyota Motor, offered some securities for sale to the public. Under the lermb the deal. TMCC promised to repay the owner of one of these securities Si00,(m) on March 28,2038 , but investors would receive nothing until then. Investans pe TMCC $24,099 for each of these securities; so they gave up $24.099 on March 29 2008 , for the promise of a $100,000 payment 30 years later. 6. Time Value of Money [LO2] Why would TMCC be willing to accept such a strani amount today ($24,099) in exchange for a promise to repay about four times that amount ($100,000) in the future? 5. Call Provisions [LO1] A company is contemplating a long-term bond issue- is debating whether to include a call provision. What are the benefits to the coanpon from including a call provision? What are the costs? How do these answer chan for a put provision? 5. Common versus Preferred Stock [LO1] Suppose a company has a preferred stock issue and a common stock issue. Both have just paid a $2 dividend. Which do you think will have a higher price, a share of the preferred or a share of the common? 5. Equivalent Annual Cost [LO4] When is EAC analysis appropriate for comparing two or more projects? Why is this method used? Are there any implicit assumptions required by this method that you find troubling? Explain

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