Wildhorse, Inc., stock is trading for $11.50 per share on the day before the ex-dividend date. If the dividend is $0.25 and there are no taxes, what should the price of the shares be on the ex-dividend date? (Round answer to 2 decimal places, e.g. 15.25.)

Price of the shares on the ex-dividend date $

You purchased 1,000 shares of Pharoah stock five years ago for $30 per share. Today Pharoah is repurchasing your shares through a fixed-price tender offer for $76 per share. What are the after-tax proceeds to you if only your capital gain is taxed at a 15 percent rate?

After-tax proceeds

$enter the after-tax proceeds in dollars

Crane Wool Company management is doing some financial planning for the coming year. Crane plans to raise $10,000 in new equity this year and wants to pay a dividend to stockholders of $40,000. The firm must pay $20,000 of interest during the year and will also pay down principal on its debt obligations by $10,000. Its capital budgeting plan calls for $114,000 of capital expenditures during the year. Given the above information, how much cash must be provided from operations for the firm to meet its plan?

Cash from operations

$

The Sheridan Market, Inc., balance sheet for the fiscal year ending September 25, 2016 included the following: total current assets of $1,510 million, total assets of $4,016 million, total current liabilities of $766 million, and total liabilities of $910 million. What was the companys net working capital on September 25, 2015? (Enter answer in thousands.)

Net Working Capital

$

Ivanhoe Manufacturing Company purchases 8,000 units of Part 3BX each year. The cost of placing an order is $5 and the cost of carrying one part in inventory for a year is $2. What is the economic order quantity (EOQ) for part 3BX if the company carries a safety stock of 300 units? How many orders will the company need to place each year? (Round answers to 0 decimal places, e.g. 150.)

Economic order quantity			parts
Number of orders