Petron Globe Assets Cash Receivables Inventories 7,619 90, 602 16, 757 7, 621 5, 972 2. 810 17,927 23, 543 53, 180 3,186 Other current assets 57, 320 3, 256 Current Assets 24, 022 219,029 46, 742 PPE Financial Investments Other non-current assets 13, 364 153,650 -299 .17ת 3, 410 1,613 451 13, 323 17,032 15,015 Non-current Assets 30, 097 172, 295 132, 765 Total Assets 54.119 391,324 179, 507 JFC Petron Globe Liabilities Accounts Payable 2, 455 29, 496 12,458 Income Tax Payable 182 73 1, 587 Short-tem debt 1. 865 133. 388
Q: The risk-free rate of interest, kRF, is 6 percent. The overall stock market has an expected return…
A: The required return on the stock can be calculated as per the CAPM equation
Q: Future Value Computation You deposit $3,000 at the end of every year for three years. How much will…
A: Solved using Financial Calculator PMT = 3000 N = 3 I/Y = 8 CPT FV = 9739.20
Q: Suppose that a man lends $1000 for four years at 12% per year simple interest. At the end of the…
A: Future value with simple interest With principle amount (PV), period (n) and simple interest rate…
Q: lden Bling, an aged jewellery distributor, issues dividends semi-annually. The most recent divided…
A: Recent Dividend = $0.90 Growth rate = 9% Cost of equity = 12% Special Dividend = $1.70
Q: Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 8 percent,…
A: Given, Working of the tax, VALUE (MARKET) WEIGHT COST PRODUCT 1 COUPON 5,000,000×101.2%…
Q: Mabuhay Corporation manufactures special types of furniture and fixtures for the use of luxury…
A: The conversion cycle indicates that number of days required to convert raw material into product and…
Q: You are considering buying below corporate bonds for income generation: Tesla 4% per year…
A: We need to calculate bond price using PV function in excel. The formula is =-PV(RATE,NPER,PMT,FV)
Q: Check True if the statement is correct, otherwise False on the line before each number and state…
A: Answer 1:- True. If a company has adequate working capital, it means it has sufficient funds to meet…
Q: DC Company is considering the purchase of a new machine. The price of the new machine is $122,000,…
A: Cost of capital is 15% To Find: Net present Value
Q: Riley Co. has a DOL of 140% and a DFL of 113%. If sales decrease by 12%, what is the expected…
A: Solution: We know, Degree of Operating Leverage (DOL) measures the percentage change in operating…
Q: IRQ has common stock outstanding, which is trading at $25 per share. IRQ paid a dividend yesterday…
A: Last Dividend = $2.22 Growth rate = 0.03 Current stock price = $25 Cost of common equity = ?
Q: a. Calculate the price-earnings ratio in 2023 and 2024. b. In which year is the stock priced lower…
A: Price-Earnings Ratio: It is a financial ratio that is used in valuing the firm and measures the…
Q: ve years ago, you acquired a 30-year loàn of $130,750, charging 6.6% annual interest, compounded…
A: Loans are to be paid by the monthly payments that carry the payment of loan amount and also payment…
Q: 2. [Cross Rate] When 1EUR = 1.05USD and 1USD = 130JPY, calculate: 1EUR = JPY
A: 1EUR = 1.5USD 1USD = 130JPY
Q: she will retire in 27 years, how much interest will she earn?
A: Future Value of Annuity: It represents the future worth of the present stream of annuity cash flow…
Q: Air just paid an annual dividend of 0.2 per share. Its dividend is expected to double for the next…
A: Dividends are the distribution of a percentage of a company's earnings to its shareholder class, as…
Q: Adding insurance-linked securities to a portfolio can increase an investor's return without…
A: Insurance linked securities are financial instruments whose value is primarily based on insurance…
Q: 5. Suppose that the general inflation rate is 5% and the real interest rate is 3%. Find the market…
A: Fisher Equation: It is the equation that shows that relationship under the effect of inflation…
Q: . $122.72 million
A: Net present value is useful for calculating the current total value of all the future streams of…
Q: A wealthy donor has given $400,000 to a university and specifies that it is to be used to give…
A: Here, Present value (P0)= $400,000 Interest rate (r) = 0.055 Number of years (N) = 25 years No. of…
Q: 3000.00 120.00 706.47 706.47 706.47 706.47 2293.53 C 120.00 A B 120.00 D 2205.32 794.68 0.00 120.00…
A: Sinking fund is amount being deposited each period to achieve the future value required in the…
Q: A gold-mining firm is concerned about short-term volatility in its revenues. Gold currently sells…
A: Data given: Current market price of gold per ounce = $2100 Upper Price of gold per ounce = $2200…
Q: Alphabet Inc., formerly Google Inc. recently had a market cap of $531.40 billion, total equity of…
A: Market Cap of Alphabet Inc. is $531.40 billion Total equiy is of $127.88 billion Total number of…
Q: Consider the following cash flows. The interest rate is 10%. What is the duration (hint: you need…
A: Duration measures the sensitivity of an asset's price to changes in interest rates. Duration can be…
Q: True or false? Using the cash flow statement, as a financial control, is not necessary when your…
A: Step 1 A cash flow assessment is a crucial indicator of a company's health, profitability, and…
Q: What is the yield to maturity?
A: As no coupon payment is mentioned, this bond is assumed to be a zero coupon bond. A zero coupon bond…
Q: The Parkview Hospital is considering the purchase of a new autoclave. This equipment will cost…
A: Depreciation: A depreciation is a non-cash expenses for the company. The depreciation expenses is…
Q: Suppose that a 10-year T-note is purchased with a face value of $20,000 and a coupon rate of 3.4%…
A: Return means an additional amount earned over the invested amount. It is computed on the basis of…
Q: What is the expected risk-free rate of return if asset X, with a beta of 1.5, has an expected return…
A: The risk free rate of return can be calculated with the help of CAPM equation
Q: Identify and explain two traditional theories which seek to explain the term structure of interest…
A: Term structure of interest rate shows the interest rates for different period of time. One year…
Q: Explain how the parties involved in a project finance manage risk.
A: Given, The parties are involved to manage the risk in a finance project. The finance project is a…
Q: The NPV of a project is $8,000. If the IRR is 12%, which of the following is the required rate of…
A: Solution:- Net Present Value (NPV) means the net value in today’s term after deducting present value…
Q: Logan Company is considering two projects, A and B. The following information has been gathered on…
A: Solution:- Profitability Index measures the ratio of Present value of future cash flows to the…
Q: We can get a sense of how model output responds to changes in inputs from sensitivity analyses. Some…
A: Sensitivity analysis is used to find out the change in input of one value lead to change in the…
Q: What is the market risk premium (rM - rRF)?
A: The market risk premium can be found using the CAPM Model As per CAPM Model, expected return = Risk…
Q: Suppose you retire with $1million at age of 65. You plan to invest your retirement into a mixture…
A: Calculations are done in excel: Return on Risk fund is calculated using random x values to simulate…
Q: An entity has an investment which analyst think that there will be a 40% probability that the…
A: The following information has been provided in the question: Probability that expected return will…
Q: Ava Co. sells custom jewelry for $200. The variable cost per jewel is $160. Ava has fixed operating…
A: Solution: Breakeven quantity of sales is that level of sales at where the firm is in situation of no…
Q: WSS Financial is paying 9% interest compounded monthly. Find the future value of P60,000 deposited…
A: Given, The quarterly payments P60,000 Number of years is 4. Rate of interest is 9% compounded…
Q: Okay credit is between
A: A credit score is a three-digit figure that varies between 300 and 900. The credit reporting…
Q: Assume a 10-year Treasury bond has a coupon rate of 3.2% and par value of $1000, and yield to…
A: Yes, here the bond is selling at a premium.
Q: If 1-year interest rates for the next three years are expected to be 6, 4, and 5 percent, and the…
A: The liquidity premium theory is one of the theories that attempts to explain the term structure of…
Q: . Inflation is expected to average 2.4% per year for the next 44 years. How much money will be…
A: Inflation rate = 2.4% Period = 44 Years Value of goods and service today = $1
Q: Which of the following is an asset of the Fed? Federal Reserve notes
A: Federal reserve assets include Gold, Special drawing rights, reserve position in IMF, Foreign…
Q: Find the amount of each payment to be made into a sinking fund earning 7% compounded monthly to…
A: Future value (FV) = $39,000 Interest rate = 7% Monthly interest rate (r) = 7%/12 =…
Q: 9. A corporation has decided to use borrowed capital to finance a portion of an equipment purchase.…
A: Borrowed amount is $40,000 Time Period is 2 year Interest rate is 7% Compounded annually To Find:…
Q: At the beginning of the year you deposit $3,000 in a savings account. How much will accumulate in 3…
A: Future value refers to the value of current assets at some future date on the basis of the assumed…
Q: Under MACRS, an asset which originally cost R100,000, incurred installation costs of R10,000, and…
A: Given, Meaning of Depreciation expense :- It's the asset cost which has been decreased or…
Q: How would someone calculate the yield to maturity of a bond? How about for a three month treasury…
A: Yield to maturity can be defined as the total return on bond held by an investor till the date of…
Q: Galindo Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $178,848,…
A: Given: Cost of asset is $178,848 Cash in flows is $36,000 Years = 8
Step by step
Solved in 2 steps
- Use the common-size financial statements found here: ommon-Size Balance Sheet 2016Cash and marketable securities $ 480 1.5 %Accounts receivable 6,030 18.2Inventory 9,540 28.8Total current assets $ 16,050 48.5 %Net property, plant, and equipment 17,020 51.5Total assets $33,070 100.0 %Accounts payable $ 7,150 21.6 %Short-term notes 6,850 20.7Total current liabilities $ 14,000 42.3 %Long-term liabilities 7,010 21.2Total liabilities $ 21,010 63.5 %Total common shareholders’ equity 12,060 36.5Total liabilities and shareholders’ equity $33,070 100.0 %Common-Size Income Statement 2016Revenues $ 30,000 100.0 %Cost of goods sold (20,050) 66.8Gross profit $ 9,950 33.2 %Operating expenses (7,960) 26.5Net operating income $ 1,990 6.6 %Interest expense (940) 3.1Earnings before taxes $ 1,050 3.5 %Income taxes (382) 1.3Net income $668 2.2 % Specifically, write up a brief narrative that responds to the following questions: a. How much cash does Patterson have on hand relative to its total…The comparative balance sheet of Merrick Equipment Co. for Dec. 31, 20Y9 and 20Y8, is:Dec. 31, 20Y9 Dec. 31, 20Y8AssetsCash $70,720 $47,940Accounts receivable (net) 207,230 188,190Inventories 298,520 289,850Investments 0 102,000Land 295,800 0Equipment 438,600 358,020Accumulated depreciation—equipment (99,110) (84,320)Total assets $1,211,760 $901,680Liabilities and Stockholders' EquityAccounts payable (merchandise creditors) $205,700 $194,140Accrued expenses payable (operating expenses) 30,600 26,860Dividends payable 25,500 20,400Common stock, $1 par 202,000 102,000Paid-in capital: Excess of issue price over par—common stock 354,000 204,000Retained earnings 393,960 354,280Total liabilities and stockholders' equity $1,211,760 $901,680The income statement for the year ended December 31, 20Y9, is as follows:Sales $2,023,898Cost of goods sold 1,245,476Gross profit $778,422Operating expenses:Depreciation expense $14,790Other operating expenses 517,299Total operating expenses 532,089Operating…Selected ratios formulars Unilever 2021 BOPP 2021 ROCE PBIT / net assets * 100 (32,424/39,406 *100 = - 82% 102,154 / 192,758 *100 =53% Net Assets Turnover Revenue / Net Assets 526,912 / 39,406 = 13 times 214,174 / 192,758 = 1 time Gross Profit Margin Gross profit / revenue *100 97,046 / 526,912 *100 18.4% 115,462 / 214,174 * 100 54% Net Profit Before Tax PBT / revenue * 100 (35,005) / 526,912* 100 = -6.6% 104,778 / 214,174* 100 =48.9% Current Ratio Current assets / current liabilities 214,665/341,171 = 0.5 139,104 / 30,368 = 4.5 Quick Ratio Current assets – inventory / current liabilities 214,665-91,627 /341,171 = 0.4 139,104 -13,248/ 30,368 = 4.1 Inventory Days Inventory / cost of sales * 365 days 91,627/ 429,866 *365 = 77 days 13,248 / 101,397 *365 = 47 days Receivable Days Receivables / cost of sales * 365 days 24,515 / 429,866 *365 =20 days 92,860 / 101,397 *365 =334 days Payable Days…
- Using a BalanceSheetMOON CORPORATIONBALANCE SHEETJULY 31, 2011Assets Liabilities & Owners’ EquityCash . . . . . . . . . . . . . . . . $ 18,000 Liabilities:Accounts Receivable . . . 26,000 Notes PayableLand . . . . . . . . . . . . . . . . 37,200 (due in 60 days) . . . . . . . . . . . . . $ 12,400Building. . . . . . . . . . . . . . 38,000 Accounts Payable . . . . . . . . . . . . . 9,600Office Equipment . . . . . . 1,200 Total liabilities . . . . . . . . . . . . . . $ 22,000Stockholders’ equity:Capital Stock . . . . . . . . . $60,000Retained Earnings. . . . . 38,400 98,400Total . . . . . . . . . . . . . . . . $120,400 Total . . . . . . . . . . . . . . . . . . . . . . . . . $120,400STAR CORPORATIONBALANCE SHEETJULY 31, 2011Assets Liabilities & Owners’ EquityCash . . . . . . . . . . . . . . . . $ 4,800 Liabilities:Accounts Receivable . . . 9,600 Notes PayableLand . . . . . . . . . . . . . . . . 96,000 (due in 60 days) . . . . . . . . . . . . . $ 22,400Building. . . . . . . . . . . .…A moodle1.du.edu.om P Flag question Some selected financial statement items belonging to Mirbat Company are given in the table below. According to this information, which of the following is Receivables Turnover ratio? Average Receivables 15,000 Sales 77,000 Gross Profit 30,000 Non-current Assets 80,000 Sales returns 2,000 Shareholders' Equity 65,000 Select one: а. 3.33 O b. 0.20 c. 5.13 O d. 5 Previous page Next page IIE9-6 Current Position Analysis Obj. 3 .................. The following data were taken from the comparative balance sheet of Icon Living, Inc., for the years ended December 31, 20Y9 and December 31, 20Y8: Cash Temporary investments Accounts and notes receivable (net) Inventories Prepaid expenses Total current assets Accounts payable Accrued liabilities Total current liabilities ▸ Details Dec. 31, 20Y9 $ 75,000 125,000 250,000 425,000 25,000 $ 900,000 $ 350,000 25,000 $ 375,000 Dec. 31, 2018 $ 50,000 75,000 200,000 305,000 20,000 $ 650,000 $ 230,000 20,000 $ 250,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. b. What conclusions can be drawn from these data?
- view Policies Current Attempt in Progress Using these data from the comparative balance sheet of Cullumber Company, perform vertical analysis. (Round percentages to 1 decimal place, e.g. 12.5%.) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $ 467,400 $ 410,000 Inventory $ 785,400 % $ 660,000 % Total assets $3,197,900 % $2,830,000 % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit AnswerCurrent Position Analysis The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 20Y9 and December 31, 20Y8: Dec. 31, 20Y9 Dec. 31, 20Y8 Cash $361,500 $268,700 Temporary investments 385,700 294,400 Accounts and notes receivable (net) 354,800 320,900 Inventories 495,900 397,800 Prepaid expenses 374,100 122,200 Total current assets $1,972,000 $1,404,000 Accounts payable $336,400 $364,000 Accrued liabilities 243,600 156,000 Total current liabilities $580,000 $520,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. 20Y9 20Υ8 Working capital $ 2$ Current ratio Quick ratioom/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocat- Current Position Analysis The following items are reported on a company's balance sheet: Cash $248,600 Marketable securities 194,200 Accounts receivable (net) 197,000 Inventory 137,100 Accounts payable 457,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio b. Quick ratio Check My Work Email Ins All work saved. %23
- XYZ provided the following financial information: XYZBalance SheetAs of 12/31/19 Assets: Liabilities and Equity: Cash and marketable securities $27,476 Accounts payable and accruals $154,860 Accounts receivable $143,519 Short-term notes payable $21,255 Inventory $212,379 Total current liabilities $176,115 Total current assets $383,374 Long term debt $155,510 Net plant and equipment $602,704 Total liabilities $331,625 Goodwill and other assets $42,422 Common stock $312,719 Retained earnings $384,156 Total assets $1,028,500 Total liabilities and equity $1,028,500 In addition, it was reported that the firm had a net income of: $158,402 and net sales of: $4,272,431 Calculate the following ratios for this firm (Use 365 days for calculation. Round answers to 2 decimal places, e.g. 52.75.): Current Ratio ? times…PE.17-09B - Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income Interest expense Average total assets $410,000 90,000 5,000,000 Determine the return on total assets. I %JUBILEE’s trial balance from the general ledger at 31 December 2012 showed the following balances:GH¢’mGH¢’mRevenue 2,648Loan note interest paid3Purchases1,669Distribution costs514Administrative expenses345Interim dividend paid6Inventories at 1 January 2012444Trade receivables545Trade payables434Cash and cash equivalents2850Gp ordinary shares100Capital surplus814Retained earnings at 1 January 20123494% loan note repayable 2018 (issued 2010)150Land and buildings: Cost (including GH¢60m land) 380 Accumulated depreciation at 1/1/201264Plant and equipment: Cost 258 Accumulated depreciation at 1/1/2012126Investment property at 1 January 2012548Rental income48Proceeds from sale of equipment7,4,7404,740Further information to be taken into account:i. Closing inventories were counted and amounted to GH¢388m at cost. However, shortly after the year end out-of-date inventories with a cost of GH15m were sold for GH¢8m.ii. The company decided to change its accounting policy with respect to its 10…