An analyst has projected that a company will have assets of $9,000 at year-end and liabilities of $7,300. The analyst's projection of total owners' equity should be closest to: A. $1700 B. $2,000 C. $3,200
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An analyst has projected that a company will have assets of $9,000 at year-end and liabilities of $7,300. The analyst's projection of total owners' equity should be closest to: A. $1700 B. $2,000 C. $3,200
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- A company has the following items for the fiscal year 2020: Revenue = 10 million EBIT = 4 million Net income = 2 million Total Equity = 15 million Total Assets = 30 million Calculate the company’s net profit margin, asset turnover, equity multiplier and ROESuppose a firm has the following information: Operatingcurrent assets = $2.7 million; operating current liabilities =$1.5 million; long-term bonds = $3 million; net plant andequipment = $7.8 million; and other long-term operating assets =$1 million. How much is tied up in net operating workingcapital (NOWC)? ($1.2 million) How much is tied up in total netoperating capital? ($10 million)Consider a simple firm that has the following market-value balance sheet: Assets Liabilities & Equity $1,000 Debt $400 Equity 600 Next year, there are two possible values for its assets, each equally likely: $1,190 and $960. Its debt will be due with 5.1% interest. Because all of the cash flows from the assets must go either to the debt or the equity, if you hold a portfolio of the debt and equity in the same proportions as the firm's capital structure, your portfolio should earn exactly the expected return on the firm's assets. Show that a portfolio invested 40% in the firm's debt and 60% in its equity will have the same expected return as the assets of the firm. That is, show that the firm's WACC is the same as the expected return on its assets. If the assets will be worth $1,190 in one year, the expected return on assets will be 19 %. (Round to one decimal place.) If the assets will be worth $960 in one year, the expected return on assets will be 4%. (Round to one decimal place.) -…
- You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.3. A Company has a 2020 Net Income of 80,000, a 2020 Equity of 60,000, and a 2019 Equity of 75,000. Calculate the Rate of Return on Investment.Consider a simple firm that has the following market-value balance sheet: Assets Liabilities & Equity $1,000 Debt $400 Equity 600 Next year, there are two possible values for its assets, each equally likely: $1,200 and $960. Its debt will be due with 5.0% interest. Because all of the cash flows from the assets must go either to the debt or the equity, if you hold a portfolio of the debt and equity in the same proportions as the firm's capital structure, your portfolio should earn exactly the expected return on the firm's assets. Show that a portfolio invested 40% in the firm's debt and 60% in its equity will have the same expected return as the assets of the firm. That is, show that the firm's WACC is the same as the expected return on its assets. If the assets will be worth $1,200 in one year, the expected return on assets will be %. (Round to one decimal place.) If the assets will be worth $960 in one year, the expected return on assets will be %. (Round to one decimal place.) The…
- For the next fiscal year, you forecast net income of $51,900 and ending assets of $508,000. Your firm's payout ratio is 10.2%. Your beginning stockholders' equity is $295.900, and your beginning total liabilities are $120,800. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $9,800. What will be your net new financing needed for next year? The net financing required will be $ (Round to the nearest dollar)For the next fiscal year, you forecast net income of $52,000 and ending assets of $503,400. Your firm's payout ratio is 9.5%. Your beginning stockholders' equity is $295,400, and your beginning total liabilities are $119,200. Your non-debt liabilities, such as accounts payable, are forecasted to increase by $10,300. What will be your net new financing needed for next year?For the next fiscal year, you forecast net income of $ 50, 700 and ending assets $500, 300. Your firm's payout ratio is 9.8 %. Your beginning stockholders' equity is $298, 400, and your beginning total liabilities are $ 120, 800. Your non - debt liabilities, such as accounts payable, are forecasted to increase by $10,200. What will be your net new financing needed for next year? rounded to the nearest dollar