Alpha Corporation currently has Inventory of $6,100, Equipment of $9,800, Supplies of $4,500, and Land of $11,000. Assuming Alpha has no other assets, what is the company's total current assets? O $37,900 O $10,600 $20,800 O $17,100
Q: live in a world where three future states are pos these states of the economy. State Probability om…
A: Expected rate is the weighted rate of return based on the probability of happening the event over…
Q: For each of the following situations, identify (1) the case as either (a) a present or a future…
A: “Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Q: Which of the following is false about diversification? Select one or more: a. diversification…
A: Diversification is a fundamental concept in finance and investment, aimed at managing risk and…
Q: Synovec Corporation is growing quickly. Dividends are expected to grow at a rate of 32 percent for…
A: Present value factor = 1/1 +Required…
Q: Take me to the text Fill in the blanks for each of the following independent scenarios (A-D). Do not…
A: An annuity refers to periodic payments that are provided in exchange for a lump sum payment. It is…
Q: Explain the differences among bonds offered by the state. Explain the differences among bonds…
A: The objective of this question is to understand the differences between bonds offered by the state…
Q: Davis and Davis have expected sales of $490, $465, $450, and $570 for the months of January through…
A: Accounts receivable (AR) refers to the money owed to a business by customers for goods or services…
Q: How does it compare with the NPV based on the WACC method? (Select the best choice below.)…
A: WACC can be used as a discount rate to calculate the net present value of future cash flows from a…
Q: Problem 6-4 Calculating Project Cash Flow from Assets sfandairi Enterprises is considering a new…
A: The cash flow for year 0 will be negative because investments are made in project and working…
Q: At the beginning of each period for 11 years, Merl Agnes invests $410 semiannually at 4%. What is…
A: The future value of annuity due is the total value of a series of payment made at the beginning of…
Q: Suppose you bought a stock for $ 47.1 per share and you sold it for $ 14.7 after 4 years. The stock…
A: Beginning Value (Purchase Price): $47.1 per shareEnding Value (Selling Price): $14.7 per shareNumber…
Q: TBTF Bank makes a 7 year interest only loan to AFC Inc of $4,300,000.00. The interest rate on the…
A: Loan amount=4300000.00Period=7 yearsInterest rate=8.125%Reinvestment rate=5.25%
Q: Assume Ford Motor Company is discussing new ways to recapitalize the firm and raise additional…
A: WACC is also known as weighted average cost of capital. It includes the cost of debt & cost of…
Q: years. The interest rate is i(12) = 8.750%. What is the outstanding balance on the loan just after…
A: The time value of money recognizes the idea that the value of an amount of money today differs from…
Q: Ever since your first birthday, your parents have been depositing $1,000 into a college savings…
A: Future value is that amount which will be require to paid at some specified period of time. It…
Q: Below is a list of prices for zero-coupon bonds of various maturities. Price of $1,000 Par Bond…
A: Yield to maturity refers to the rate at which the investor earns effectively on an annual basis if…
Q: The practice of accounting provides investors and lenders with the quantitative information they…
A: its true.Absolutely, accounting is crucial for both investors and lenders in evaluating the…
Q: (a)Begin by filling down the values 1 to 360 in your Month column. You purchase a home for $115000…
A: Amount of loan = $115,000-$23,000 = $92,000Interest rate = 6.5%Period = 30 yearsNumber of Payments…
Q: Jumbuck Exploration has a current stock price of $2.55 and is expected to sell for $2.68 in one…
A: The cost of equity refers to the equity expense that the company bears to employ the equity capital…
Q: Lawrence signs a note promising to pay Justin $2500 at 11.25% compounded monthly in 7 years.…
A: When the borrower borrows a loan from the lender, he has to pay a rate of interest on the borrowed…
Q: You are considering a new supplier that you estimate would reduce your costs 0.025, increasing…
A: In finance, intrinsic value signifies the inherent worth of an asset, independent of its current…
Q: A project has annual cash flows of $5,000 for the next 10 years and then $11,000 each year for the…
A: NPV can be calculated by following function in excel=NPV(rate,value1,[value2],…) + Initial…
Q: arr Company is considering a project that has the following cash flow data. What is the project's…
A: IRR is one of the most used method of capital budgeting based on the time value of money and net…
Q: (a) What is the equivalent cash price of the equipment? (b) How much will be owed at the end of two…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Which is true about IPOs? O The most common type of IPO arrangement with underwriters is the firm…
A: True. In a firm commitment cash offer, the underwriters agree to purchase the entire issue of shares…
Q: X Ltd is currently having 100000 equity shares of the face value of Rs 10 each. It is expected that…
A: Current price of stock is the price which can be paid for purchase of the stock. It is also called…
Q: A company generates $5,000,000 in sales by selling 1.250,000 units at $4 per unit. Its variable…
A: We can solve this problem with the help of following ratios :
Q: Interest rates (r) 5% 4% 6% 7% 8% 9% 1% 2% 3% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917…
A: Present value is one method of selection of projects based on time value of money and should have…
Q: Wyatt oil presently pays no dividend. You anticipate Wyatt Oil will begin paying an annual dividend…
A: Current price of stock is the price which can be paid for purchase of the stock. It is also called…
Q: Inland Corporation, which operates an amusement park, is considering a capital investment in a new…
A: Initial cost: $123,000Useful life: 5 yearsAnnual cash inflow: $241,900Salvage value: $63,500Cost of…
Q: How has asylum seekers from 2022 affected the NYC FY 23? What has the financial impact been on the…
A: Asylum seekers arriving in New York City (NYC) can have multifaceted impacts on the city's fiscal…
Q: Metallica Bearings, Incorporated, is a young startup company. No dividends will be paid on the stock…
A: price 11 years from today=D12/(Required rate - Growth rate).=$12.50/(13.5%−5.5%).=$12.50/8%=$156.25
Q: A forklift Currency cost $39,000. You estimale that you will need to replace this forklift in w…
A: Variables in the question:PV=$ 39000n=10 yearsIncrease in the cost of forklift cost per year (r)=3%
Q: A) Calculate the final loan amount of a $500 credit card loan with a 16% compound interest rate,…
A: In order to calculate the final loan amount, we will use the formula of compound interest in order…
Q: 27. If the discount rate is 7%, what is the present value, to the nearest dollar, of an investment…
A: In this question, we are required to determine the present value of perpetuity.
Q: Consider a stock that has a Beta of 0.85. You expect the long-term return on the market to be 9.75%…
A: CAPM is also known as capital asset pricing model. It helps in know the expected return on the…
Q: On July 1, 2000, the New York Mets reached an agreement with Bobby Bonilla to defer the remaining…
A: Present value of money remaining: $5.6 millionNumber of installments: 25Interest rate: 7.1%
Q: The sale of new securities is known as: O primary offering O secondary offering O initial public…
A: The correct answer is "primary offering".This is because it is the sale of new securities directly…
Q: Which of the following statements is FALSE? A. You invest today only when the NPV…
A: The objective of the question is to identify the false statement among the given options related to…
Q: Ford Motor Company had realized returns of 15%, 25%, - 10%, and - 15% over four quarters. What is…
A: Mean = Sum of All returns / Number of quartersDeviation from Mean = Return - Arithmetic meanSquared…
Q: here are tax implications in form of tax payments (not deduction) if the salvage value is greater or…
A: (f) "There are tax implications in form of tax payments (not deductions) if the salvage value is…
Q: do not earn
A: Non- Banking Financial Institutions - NBFCs are financial institutions that provide bank-related…
Q: Calculate the IRR and NPV for a $1,000,000 investment with a 5% return annually over a 5 year period…
A: The terms "net present value" (NPV) and "net present worth" (NPW) are used to describe a set of…
Q: 1 eBook Problem Walk-Through Your division is considering two projects with the following cash flows…
A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…
Q: The company incurs costs of $27.7 million regardless of the output level. It sells 5.68 million…
A: GivenSales units = 5.68 MPrice = 8.79Variable Cost =10.20 mcontribution ratio = (sales price -…
Q: eBook Charlene is evaluating a capital budgeting project that should last for 4 years. The project…
A: NPV is also known as Net Present Value.. It is a capital budgeting technique which helps in decision…
Q: You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment,…
A: a.The number of shares you need to sell= additional investment required÷price per shareThe fraction…
Q: firm desires to avoid the risk from exchange rate fluctuations, and the US firm is paying euro…
A: Forward contract is used for hedging purpose.It is contract between two parties to buy or sell the…
Q: $48.29
A: Given :-Current year dividend paid (D0) = $2.37First year Growth= 25%Now First year growth in…
Q: Bobby receives alimony payments every 6 months and the next payment is tomorrow. Median homes go for…
A: Future value = $190,000Annual Rate of interest = 8%Semi annual Rate of interest = Annual rate of…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Consider the following information for Belle Corp. Selling and Administrative Expenses 50,000.00; Depreciation Expense 80,000.00; Sales 400,000.00 ; Interest Expense 30,000.00; Cost of goods sold 150,000; taxes 18,550.00 What is the operating profit for Belle Corporation * 71,450 O None of the above 120,000.00 O 90,000.00Best Feeds, Inc. has the following information on their income statement: Sales $2,000,000 Cash Costs 1,200,000 Depreciation 100,000 EBIT 700,000 Interest Expense 200,000 EBT 500,000 Taxes (25%) 125,000 Net Income $ 375,000 What is their NOPAT? Group of answer choices $427,620 $450,120 $375,000 $498,750 $525,000Sam wants to purchase Smith, Inc. The following information is available for Smith from the balance sheet Accounts Receivable Inventory Building Accumulated Depreciation View transaction list 250,000 400,000 625,000 (180,000) The Company estimates that the Accounts Receivable are worth $230,000, the inventory is worth $425,000, and the building is worth $800,000. Everything else is worth its book value. Sam will pay $1,400,000 for Smith, Record the journal entry for this purchase. Journal entry worksheet Note: Enter debits before credits. What is the journal entry to record the purchase? Transaction number Accounts Payable Note Payable Common Stock Retained Earnings Account Name 135,000 275,000 400,000 285,000 Debit Credit
- Q17: a) Acquisition of Assets for Cash, Master Corporation wants to buy certain fixed assets of Smith Corporation. However, Smith Corporation wants to dispose of its entire business. The balance sheet of Smith follows: ASSETS Cash $2,000 Accounts receivable 8,000 Inventories 20,000 Equipment 1 10,000 Equipment 2 20,000 Equipment 3 35,000 Building 90,000 Total assets $185,000 LIABILITIES AND STOCKHOLDERS' EQUITY Total liabilities $80,000 Total stockholders equity 105,000 Total liabilities and stockholders', equity $185,000 Master needs only equipment 1 and 2 and the building. The other assets excluding cash can be sold for $35,000, Smith wants $48,0X) for the entire business. It is anticipated that the after-tax cash inflows from the new equipment will he $30,000 a year for the next 8 years. The cost of capital is 12 percent. (1) What is the initial net cash outlay? (2) Should the acquisition be made?Jefferson Enterprises acquired assets and liabilities of Alaska Company for P600,000. At that date, Alaska Company had the following book values and market values: Account.. Book Value . . Market Value Cash and Receivables P25,000.. P25,000 Inventory. 125,000. 180,000 Plant Assets (net). 300,000. 475,000 Current Liabilities. (60,000). - (60,000) Long-term Debt. (120,000).. (120,000) Ordinary Shares. (15,000) Retained Earnings. (255,000) (do not use comma on the answer. Follow this format: P1 250 000) 1. What amount is included in the balance sheet after the business combination with regard to inventory? 2. What amount is included in the balance sheet after the business combination with regard to plant assets? 3. What amount is included in the balance sheet after the business combination with regard to goodwill? P100 000Classy Clocks Ltd. had sales of $1, 840,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $1,180,000, $185,000 and $365,000 respectively. In addition, the company had an interest expense of $280,000 and a tax rate of 35 percent. Its OCF is: a.$475,000 b.No option is correct c.$415,500 d.$150,000
- The following information is provided for Sunland Company and Culver Corporation. (in $ millions) Sunland Company Culver Corporation Net income 2022 $155 $405 Net sales 2022 1595 4530 Total assets 12/31/20 1040 2130 Total assets 12/31/21 1260 3020 Total assets 12/31/22 1165 4100 What is Sunland's asset turnover for 2022? (Round answer to 2 decimal places, e.g. 15.20.) 0.68 times 1.32 times 0.25 times 3.94 timesMyla Company has current assets of P75,000 and total assets ofP375,000. The company's sales are P900,000. Myla’s fixed asset turnoveris?Refer to the following financial information of Scholz Company: NOPAT 8.250.000.00 EBITDA 17,725.000.00 Net Income 5,050,000.00 Capital Expenditures 6,820,000.00 After tax capital costs 6,280.000.00 Tax rate 40% 1. Calculate the Company's depreciation and amortization expense 2. calculate its interest expense. Use 2 decimal places for your final answer. 3. calculate its EVA. Use 2 decimal places for your final answer.
- The Alhambra Company had these accounts at the time it was acquired by Kingdom Co.: Cash P 108,000 Accounts Receivable 1,371,000 Inventories 360,000 PPE 1,948,200 Accounts Payable 1,052,400 Kingdom Co. paid P4,200,000 for net assets of Alhambra Company. It has determined the fair market values of investment and PPE were P399,000 and P2,700,000, respectively. An assumed contingent liability arising from past events with a fair value amounting to P30,000 and such amount is considered a reliable measurement. In the books of Kingdom Co., this transaction resulted in: a. Goodwill recorded at P1,324,200 b. Retained Earnings increased by P704,400| Goodwill recorded at P704,400 d. Current Assets increased by P704,400 С.A Company that was to be liquidated had the following liabilities: Income Taxes 10,000 Notes Payable secured by land 100,000 Accounts Payable 251,050 Salaries Payable 12,950 Administrative expenses or liquidation 20,000 The Company had the following assets: Book Value Fair Value Current assets 100,000 95,000 Land 50,000 75,000 Building 150,000 200,000 QUESTION: Determine the total net free assets.ponse?pli=1 Account Receivable $60,000 Accounts Payable 75,000 Accumulated Depreciation: Land Improvement 160,000 Allowance for Doubtful Accounts 26,000 Accrued Liabilities 204,000 Bonds Payable 373,000 Bond Sinking Fund 220,000 Cash 140,000 Investment in Stock 132,000 Common Stock 414,000 Goodwill ?? Inventory 322,000 Land 260,000 Land held for speculation 88,000 Land Improvement 700,000 Mortgage Payable 176,000 Premium on Bonds Payable 36,000 Premium on Common Stock 276,000 Prepaid Insurance (24 months) 40,000 Retained Earnings 440,000 Supplies 16,000 Trading Securities, originally purchased at $70,000, are traded at a fair value of $88,000 ?? Treasury Stock ?? Unearned Service Revenue