24.docx
Round 20
#1HOMEWORK #1A (Financial statements)
Purple Dalia, Inc. has the following balance sheet items: current liabilities of $712,728; net fixed and other assets of $1,560,920; total assets of $2,913,380; and long-term debt of $736,080. What is the amount of the firm’s total stockholders’ equity?
Your Answer
#3 QUIZ
Jack purchased 100 shares of Green Forest Inc. Stock of at a price of $157.65 three months ago. He sold all stocks today for $158.57. During this period the stock paid dividends of $5.67 per share. What is Jack’s annualized holding period return (annual percentage rate)?
Round the answer to two decimal places in percentage form
Your Answer
#6Homework #4G (Bonds Quotes)
Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.
Calculate annual coupon interest payments. The answer should be calculated to two decimal places
|
Company |
Price |
Coupon Rate |
Maturity Date |
YTM |
Current Yield |
Rating |
|
Fresh Bakery |
87.404 |
10.525 |
04-15- 2025 |
- |
- |
AA |
Your Answer:
#4Homework #1C (Operating Cycle and Cash Conversion Cycle ratios)
a) American Bacon Inc. financial statements are presented in the table below.
Based on the information in the table, and using a 365-day year, calculate operating cycle.
Round the answers to two decimal places
Balance Sheet December 31, 2010
|
Cash and marketable securities |
$102,000 |
Accounts payable |
$287,000 |
|
Accounts receivable |
$299,000 |
Notes payable |
$61,200 |
|
Inventories |
$628,000 |
Accrued expenses |
$51,900 |
|
Prepaid expenses |
$10,300 |
Total current liabilities |
$400,100 |
|
Total current assets |
$1,039,300 |
Long-term debt |
$415,000 |
|
Gross fixed assets |
$1,502,000 |
Par value and paid-in-capital |
$376,000 |
|
Less: accumulated depreciation |
$312,000 |
Retained Earnings |
$1,038,200 |
|
Net fixed assets |
$1,190,000 |
Common Equity |
1,414,200 |
|
Total assets |
$2,229,300 |
Total liabilities and owner’s equity |
$2,229,300 |
Income statement, Year of 2010
|
Net sales (all credit) |
$6,387,700.00 |
|
Less: Cost of goods sold |
$4,726,898.00 |
|
Selling and administrative expenses |
$345,000.00 |
|
Depreciation expense |
$148,000.00 |
|
EBIT |
$1,167,802.00 |
|
Interest expense |
$50,600.00 |
|
Earnings before taxes |
$1,117,202.00 |
|
Income taxes |
$446,880.80 |
|
Net income |
$670,321.20 |
Your Answer:
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#5Homework #5E (HPR, Annualized holding period return, Effective annual rate on investment)
You purchased 300 shares of General Electric stock at a price of $66.19 four years ago. You sold all stocks today for $61.71. During that period the stock paid dividends of $4.03 per share. What is your annualized holding period return (annual percentage rate)?
Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)
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