FINAL ASSIGNMENT Microsoft's 2004 earnings per share were $1.04, and its growth rate during the prior ten years was 24.1% per year. If that growth were maintained, how long would it take for Microsoft's EPS to double? a. 9 years b. 3.21 years c. 4.68 years d. exactly 5.98 years
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- Brockman Corporation's earnings per share were $3.50 last year, and its growth rate during the prior 5 years was 11.4% per year. If that growth rate were maintained, how many years would it take for Brockman's EPS to triple? Select the correct answer. a. 5.38 b. 7.78 c. 10.18 d. 2.98 e. 12.58Last year Thomson Inc's earnings per share were $4.20, and its growth rate during the prior 5 years was 4.6% per year. If that growth rate were maintained, how many years would it take for Thomson's EPS to triple? O a. 15.41 years O b. 21.74 years c. 23.33 years O d. 19.43 years O e. 24.43 yearsXYZ Corporation had the following data in 2022 below: Total assets = P300,000Gross profit margin = 25%Quick ratio = 0.80 xBond payable = P60,000Days sales outstanding = 36 daysDebt ratio = 50%Retained earnings = P97,500Times interest earned= 6 xInventory turnover = 5 xTotal assets turnover = 1.5 xNo. of days in a year = 360 days Tax rate = 35%Compute the total liabilities.
- XYZ Corporation had the following data in 2022 below: Total assets = P300,000Gross profit margin = 25%Quick ratio = 0.80 xBond payable = P60,000Days sales outstanding = 36 daysDebt ratio = 50%Retained earnings = P97,500Times interest earned= 6 xInventory turnover = 5 xTotal assets turnover = 1.5 xNo. of days in a year = 360 days Tax rate = 35%Compute the average merchandise inventory.XYZ Corporation had the following data in 2022 below: Total assets = P300,000Gross profit margin = 25%Quick ratio = 0.80 xBond payable = P60,000Days sales outstanding = 36 daysDebt ratio = 50%Retained earnings = P97,500Times interest earned= 6 xInventory turnover = 5 xTotal assets turnover = 1.5 xNo. of days in a year = 360 days Tax rate = 35%Compute the interest expense.Please do not give image format and solve both parts
- Sheridan Corp. is a fast-growing company whose management expects it to grow at a rate of 26 percent over the next two years and then to slow to a growth rate of 18 percent for the following three years. The last dividend paid by the company was $2.15. Problem 9.05 a1-a6(a1) What is the dividend for the 1st year? (Round answer to 3 decimal places, e.g. 15.250.) D₁Q. 5 You’ve collected the following information about Gandalf, Inc.: Sales = $255,000 Net Income = $17,200 Dividends = $6,000 Total debt = $55,000 Total equity = $86,00 What is the sustainable growth rate for the company? (DO NOT round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16) Assuming it grows as this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio? (DO NOT round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) What growth rate could be supported with no outside financing at all? (DO NOT round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16)10. A company seeks to maintain an internal growth rate of 13%, with a retention ratio (also called a plowback ratio) of 60%. If the company's total assets were valued at $139 million at the end of the year, what was its addition to retained earnings this year (rounded to the nearest $100,000)? A. $16.0 million B. $16.3 million C. $24.0 million D. $26.6 million E. $27.1 million
- A company has dividend yield of 27%, and asset turnover of 1.8 times per year. If the return on total assets was 14 percent, what was its profit margin? Please give the correct answer. This is a multile choice question so there is one right answer 7.7% 7% 9% 48%Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the year just ended were $9.9 million. The firm also has a profit margin of 30 percent and a retention ratio of 20 percent, and expects sales of $7.9 million next year. AssetsLiabilities and EquityCurrent assets$ 1,741,000Current liabilities$ 1,401,840Fixed assets4,100,000Long-term debt1,550,000 Equity2,889,160Total assets$ 5,841,000Total liabilities and equity$ 5,841,000 If all assets and current liabilities are expected to shrink with sales, what amount of additional funds will Gyp Sum need from external sources to fund the expected growth?Current Attempt in Progress Cullumber Corp. is a fast-growing company whose management expects it to grow at a rate of 29 percent over the next two years and then to slow to a growth rate of 18 percent for the following three years. The last dividend paid by the company was $2.15. LL noo-1-flat)
