The 5 Year Treasury bond is currently yielding 5 25 The coupon at issuance was 6 00 Is the bond trading at a discount, a premium, or at par A Par B Discount C Premium D Cannot be determined from the information given The Zolo Company just declared that it is decreasing its annual dividend from $1 25 per share to $1 00 per share If the stock price remains constant, then the dividend yield will A Increase B Decrease C Remain the same, since dividend yield is independent of the stock price D Cannot be determined from the information given The monthly payment of a 30 year mortgage on $400,000 at 6 is closest to $2,400 $1,200 $2,000 $4,000 Vanderlays ability to service its debt is A Improving B Deteriorating C Remains the same D CAnnot be determined from the information given Which of the following statements is most accurate regarding Vanderlays net income A Net income is increasing because sales are rising B Net income is decreasing because of their inability to manage fixed expenses C Net income is increasing because variable expenses are decreasing D cannot be determined from the information given Which of the following statements is most accurate regarding liquidity A Liquidity is deteriorating B Liquidity is improving C Liquidity remains the same D Cannot be determined from the information given Which of the following statements regarding the collection period (in days) is most accurate A The collection period is decreasing B The collection period is increasing C The collection period remains the same D Cannot be determined from the information 2017 2015 $10,686 $3,289 $4,049 2016 $11,874 $3,654 $4,049 $13,193 $4,060 $4,049 VANDERALY INDUSTRIES (as of year end 12 31 xx) Sales Cost of Goods Solds General Admin EBITDA Depreciation EBIT interest Taxable Income Taxes ( 35 ) Net Income $2,518 $2,518 $2,518 $685 $685 $685 cash coverage (EBIT deprec) interest ebit interst ASSETS (as of year end 12 31 xx) Cash and securities Receivables Inventories Other Current Assets 2016 $158 $2,490 $238 $932 $3,818 $19,915 $3,770 $27,503 2017 $89 $2,382 $187 $867 $3,525 $19,973 $4,216 $27,714 Total Current Assets Net Property Plant Equip Other long term assets Total Assets 2015 $158 $2,490 $238 $932 $3,818' $19,915 $3,770 $27,503 $0 $0 $3,040 $1,573 $787 $5,400 $6,883 $6,149 $9,121 $27,553 Liabilities and Shareholders Equity Accounts Payable short term debt other current liabilities Total current liabilities $3,040 $1,573 $787 $5,400 $6,883 $6,149 $9,121 $27,553 $2,564 $1,419 $811 $4,794 $7,018 $6,178 $9,724 $27,714 Long term debt leases Other long term liabilities Shareholder's equity Total liabilities shareholders' equity current ratio (current assets current liabilities) avg collection period in days (start of year rec'v average daily sales)

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The 5-Year Treasury bond is currently yielding 5.25%. The coupon at issuance was 6.00%. Is the bond trading at a discount, a premium, or at

The 5-Year Treasury bond is currently yielding 5.25%. The coupon at issuance was 6.00%. Is the bond trading at a discount, a premium, or at par?

	A.	Par
	B.	Discount
	C.	Premium
	D.	Cannot be determined from the information given

The Zolo Company just declared that it is decreasing its annual dividend from $1.25 per share to $1.00 per share. If the stock price remains constant, then the dividend yield will:

	A.	Increase
	B.	Decrease
	C.	Remain the same, since dividend yield is independent of the stock price
	D.	Cannot be determined from the information given

The monthly payment of a 30-year mortgage on $400,000 at 6% is closest to:

		$2,400
		$1,200
		$2,000
		$4,000

image text in transcribed

Vanderlays ability to service its debt is:

	A.	Improving
	B.	Deteriorating
	C.	Remains the same
	D.	CAnnot be determined from the information given

Which of the following statements is most accurate regarding Vanderlays net income:

	A.	Net income is increasing because sales are rising
	B.	Net income is decreasing because of their inability to manage fixed expenses
	C.	Net income is increasing because variable expenses are decreasing
	D.	cannot be determined from the information given

Which of the following statements is most accurate regarding liquidity

	A.	Liquidity is deteriorating
	B.	Liquidity is improving
	C.	Liquidity remains the same
	D.	Cannot be determined from the information given

Which of the following statements regarding the collection period (in days) is most accurate

	A.	The collection period is decreasing
	B.	The collection period is increasing
	C.	The collection period remains the same
	D.	Cannot be determined from the information

2017 2015 $10,686 $3,289 $4,049 2016 $11,874 $3,654 $4,049 $13,193 $4,060 $4,049 VANDERALY INDUSTRIES (as of year-end 12/31/xx) Sales Cost of Goods Solds General & Admin EBITDA Depreciation EBIT interest Taxable Income Taxes (@35%) Net Income $2,518 $2,518 $2,518 $685 $685 $685 cash coverage (EBIT+deprec)/interest ebit/interst ASSETS (as of year-end 12/31/xx) Cash and securities Receivables Inventories Other Current Assets 2016 $158 $2,490 $238 $932 $3,818 $19,915 $3,770 $27,503 2017 $89 $2,382 $187 $867 $3,525 $19,973 $4,216 $27,714 Total Current Assets Net Property Plant & Equip Other long-term assets Total Assets 2015 $158 $2,490 $238 $932 $3,818' $19,915 $3,770 $27,503 $0 $0 $3,040 $1,573 $787 $5,400 $6,883 $6,149 $9,121 $27,553 Liabilities and Shareholders Equity Accounts Payable short-term debt other current liabilities Total current liabilities $3,040 $1,573 $787 $5,400 $6,883 $6,149 $9,121 $27,553 $2,564 $1,419 $811 $4,794 $7,018 $6,178 $9,724 $27,714 Long-term debt & leases Other long-term liabilities Shareholder's equity Total liabilities & shareholders' equity current ratio (current assets/current liabilities) avg collection period in days (start of year rec'v/average daily sales)