For the most recent year Camargo Inc., had sales of $556,000, cost of goods sold $248960, depreciation expense of $64400, and additions to retained earnings of $76,800. The firm currently has 24,000 shares of common stock outstanding and the previous year's dividends per share were $1.50. Assuming a 23 percent income tax rate, what was the times interest earned ratio?

Q: Calculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round…

A: WACC: It is the company's average cost of capital and is calculated by the total of all individual…

Q: Last year Vaughn Corp. had sales of $315,000 and a net income of $17,832, and its year-end assets…

A: As per the DuPont analysis, the return on equity can be found by using following formula:

Q: Maynard enterprises paid $ 1,384 in dividends and $1,067 in interest over the past year.The common…

A:

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A: Net income is the income that is available for distribution of dividends and retained earnings. It…

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A: Retained earnings means accumulated earnings of the business, which the business has earned over a…

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A: Given, EBIT $47 million Depreciation $4.7 million capital expenditures $7.25 million Net working…

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A: TIME INTEREST EARNED RATIO Times Interest Earned Ratio is the Ratio Between Earning Before…

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A: Given, Operating profit of $251,000  Interest expense is $33,900

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 15%, its…

A: The Weighted Average Cost of Capital(WACC) refers to the financial ratio that calculates the overall…

Q: In 2022, Oriole Corporation had net sales of $595,000 and cost of goods sold of $356,000. Operating…

A: The income statement is one of the important financial statements of the business. The income…

Q: Ajax Corp's sales last year were $624,000, its operating costs were $427,600, and its interest…

A: Sales = $624,000Operating Costs = $427,600Interest Charges = $13,600

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $1,045…

A: Retained Earnings is the amount of earnings that is accumulated and that is attributable to the…

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 18%, its…

A: Market value of equity :— It is calculated by multiplying market price per share with number of…

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 17%, Its…

A: Given Data:Value of Debt = 1171No of shares = 576Market value per share = 4Cost of Equity = 17%Cost…

Q: In its most recent financial statements, Nessler Inc. reported $70 million of net income and $840…

A: The retained earnings at the end period can be found by using the following formula:In the given…

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A: WACCThe weighted average cost of capital (WACC), which includes common stock, preferred stock,…

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A: The mathematical equation of the concept used is:

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A: Number of shares issued at the end of the current year = Common Stock account totaled at the end of…

Q: If a corporation earns $280,000 and the payout ratio (proportion distributed) is 20 percent, what is…

A: Retained earnings represent the portion of a company's earnings that are reinvested back into the…

Q: New Mexico Lumber recently reported that its earnings per share were $3.0. The company has 400,000…

A: In the given case, we have provided the earning per share, number of shares outstanding. Net income…

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A: Given, EBIT is $52 million Depreciation expense $5.2 million Capital expenditures is $5.75 million

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A: The term taxable income refers to any gross income earned that is used to calculate the amount of…

Q: The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its…

A: The weighted average cost of capital is the average cost of capital of the firm based on the…

Q: IF a corporation earns $240,000 and the payout ratio ( proportion distributed) is 20 percent, what…

A: Given: Total earnings = $240000 Payout ratio =20% = 0.20

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A: The objective of this question is to calculate the amount of dividends paid by Del-Castillo Inc. to…

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A: Given: Sales $15,500 Operating Costs $8,250 Depreciation $1,750.  It had $9,000 of bonds outstanding…

Q: Smashed Pumpkins Co. paid $208 in dividends and $631 in interest over the past year. The company…

A: EBIT is the earning before interest and tax. Interest charges and tax expenses are not deducted form…

Q: During the most recent quarter XYZ Corp had $1.6 million in revenues and 970, 800 in expenses. The…

A: Working note:

Q: On June 30, Setzer Corporation had a market price of $46 per share of common stock. For the previous…

A: Dividend yield = Annual dividend/Market price

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A: EBIT = $41 millionDepreciation expenses = $4.1 millionCapital expenditure = $4 millionIncreased net…

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A: Net income:  It is often defined as the total earnings earned by a business during an accounting…

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Q: Calculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round…

A: The weighted average cost of capital measures the typical cost a business pays to finance its…

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A: Return on assets is calculated by dividing operating income after tax by average total assets. The…

Q: Reagan Corp. has reported a net income of $847,700 for the year. The company's share price is $13.19…

A:

Q: Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest…

A: As per formula Times interest earned (TIE) ratio = (Sales-Operating cost)/Interest expenses   Where…

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A: Earning growth rate can be calculated by multiplying the ROE with retention ratio. Earning growth…

Q: Enter your answer in whole dollar. Round "ROI" answer to two decimal places. Invested Capital: ?…

A: Particulars Amount Net income          4,30,00,000 Add : Tax @ 40%   2,86,66,666.67…

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A: Total calculate the return on equity we will use the below formula   ROE = Net income/Equity Where…

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A: ROCE stands for "Return On Capital Employed". It is computed by dividing EBIT by the (total assets -…

Q: Tommy’s Woodworking had sales of $4 million this past year.  Its COGS was $2.75 million and its…

A: