Question 4 Waterfront Inc. wishes to borrow on a short-term basis without reducing its current ratio below 1.25. At present its current assets and current liabilities are $1,600 and $1,000 respectively. How much can Waterfront Inc. borrow? (5 marks)
Q: ans
A: The margin is calculated by dividing net operating income by sales.Margin = Net Operating Income /…
Q: No AI ANSWER
A: KEY CONCEPTS:1. Operating Leverage- Operating leverage measures how changes in sales volume affect…
Q: General Accounting
A: Step 1: Define Return on Assets (ROA)The Return on Assets (ROA) measures a company's ability to…
Q: Solve with explanation and accounting
A: Step 1: Define Price-Earnings RatioThe ratio of the market price per share relative to the earnings…
Q: Actual profit?
A: Solution:Given Data:Margin of Safety Percentage (MOS%) = 25%Break-even Sales = $346,800Variable…
Q: Armstrong Manufacturing has an overhead application rate of 145% and allocates overhead based on…
A: Explanation of Overhead Application Rate: This is a predetermined percentage used to allocate…
Q: The estimated allocation base is 39,800 machine hours and the estimated total manufacturing overhead…
A: Concept of Manufacturing OverheadManufacturing overhead includes all indirect costs incurred in the…
Q: Financial Accounting Question please give answer
A: Step 1: Define Cash DisbursementsCash disbursements refer to actual cash payments made by a company…
Q: expert of general account
A: Step 1: Property, Plant, and Equipment Property, Plant, and Equipment - long-term assets that are…
Q: Financial Accounting
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's ability to generate…
Q: Master budget for next quarter
A: Explanation of Direct Labor Cost:Direct labor cost refers to the total wages paid to workers…
Q: Sub. General accounting
A: Step 1: Define Operating LeverageOperating leverage indicates an increase in operating income with…
Q: How much gain must he recognize on this conversion?
A: Explanation of Recognized Gain:Recognized gain is the portion of a realized gain that must be…
Q: do fast answer of this General accounting question
A: Step 1: Define Markup percentage based on selling price measures how much profit a company makes on…
Q: Chapter 15 Homework i 10 0.83 points Saved Help Save & Exit Submit Check my work QS 15-8 (Algo)…
A: The predetermined overhead rate is a rate used to apply manufacturing overhead to jobs that are in…
Q: I want the correct answer with accounting
A: Dividend Yield = Dividend Per Share/Beginning Share PriceDividend Yield = 1.89/48.76Dividend Yield =…
Q: How much did Felton pay in cash dividends and what was it's average asset of this financial…
A: Step 1: Define Cash DividendsCash Dividends are payments made by a corporation to its shareholders…
Q: Compute Lexington taxable income for the year
A: Explanation of Operating Income: Operating income represents the revenue a company generates from…
Q: The companys net operating income is
A: Explanation of Net Operating Income:Net operating income (NOI) represents the profit a company earns…
Q: 4 PTS
A: Concept of Net IncomeNet Income represents the company's total earnings after deducting all…
Q: Purchase today?
A: To calculate the expected rate of return on GeM Industries' common stock, we use the Gordon Growth…
Q: Please given answer
A: Approach to solving the question:Freeform Detailed explanation: To determine how many kites Ocean…
Q: Financial Accounting Question
A: Step 1: Define Stockholders' EquityStockholders' Equity represents the residual interest in the…
Q: With respect to the distribution vijay has gain of
A: Explanation of Gain on Property Distribution:A gain on property distribution occurs when a…
Q: How much will company's net income increase?
A: Step 1. identify Given Information1.Variable costs are 35% of sales.2.The company plans an…
Q: hello tutor provide answer of this General accounting question
A: Step 1: IntroductionThe sections involved in this scenario are Section 1231 and Section 1245 of the…
Q: What should the value of this share on these financial accounting question?
A: Step 1: Define Share Value Using the P/E RatioThe Price-to-Earnings (P/E) Ratio is a valuation…
Q: The spending variance for administrative expenses was
A: Explanation of Spending Variance:Spending variance refers to the difference between the actual cost…
Q: Need help with this general accounting question
A: Detailed explanation:To calculate standard cost for one unit of product:Cost item:Calculations…
Q: What is the cash paid for income taxes during the year?
A: Step 1: Definition of Income Taxes PayableIncome taxes payable is a liability that represents the…
Q: Direct labor and direct materials?
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is an estimated…
Q: Incorrect Question 6 0 / 10 pts Audit Organization ABC is evaluating the different non-audit…
A: Step 1: Understanding the Question: The question is asking which non-audit services would impair an…
Q: Given the solution and accounting
A: Step 1: Define Components of receivables accountComponents of the receivables account denote the…
Q: pure wates total liabilities are
A: Step 1: Definition of LiabilitiesLiabilities represent the obligations a company owes to external…
Q: Sub general accounting
A: Step 1: Definition of Equivalent Unit Cost in FIFO Process CostingIn FIFO (First-In, First-Out)…
Q: Job 887 was recently completed
A: Concept of Direct MaterialsDirect materials are the raw materials that can be traced directly to a…
Q: Ans please ABC ?
A: Step 1: Define Contribution Margin AnalysisIn the context of accounting, the contribution margin…
Q: Lee enterprises has the following segemnet data
A: Explanation of Sales: Sales represents the total revenue generated by Lee Enterprises from its…
Q: General accounting
A: Step 1: Definition of Net IncomeA firm's net income is a financial result generated during the year…
Q: I need help with this solution and accounting
A: Step 1: Define Direct LaborDirect labor is recognized as a production or service worker that is…
Q: What is company a's net income? Accounting question
A: Step 1: Definition of Net IncomeNet income is the final profit (or loss) a company reports after…
Q: answer
A: 1) Total Value of share = No. of shares * Price per shareTotal Value of share = 700*46Total Value of…
Q: Determine the overhead allocation rate
A: Explanation of Overhead Allocation Rate:The overhead allocation rate is a cost per unit of activity…
Q: Accounting
A: Step 1: Define Variable CostThe total cost consists of the variable cost and the fixed cost where…
Q: Determine the overhead allocation rate
A: Explanation of Machine Hours: Machine hours represent the time that manufacturing equipment is used…
Q: Variable cost per unit?
A: Step 1: Define Variable CostVariable cost is a type of cost that increases when the cost driver…
Q: Fresh Foods has sales of $216,500, total assets of $196,200, a debt-equity ratio of 2.15, and a…
A: We must compute the equity multiplier for this problem. The equity multiplier is a financial metric…
Q: 5 POINTS
A: Explanation of Work-in-Process (WIP) Inventory: Work-in-process inventory represents partially…
Q: can you please solve this managerial accounting
A: Step 1: Definition of Business ExpansionBusiness expansion is the process of increasing the…
Q: MCQ
A: Sanju has a net long-term capital gain of $12,500 and a net short-term capital loss of $7,800. To…
Step by step
Solved in 2 steps
- FRM. (Term=30 years, Note Rate = 5.25, Loan Amount = 800,000, Points=2) What is the FTL annual percentage rate (FTLAPR) that the lender must disclose to the borrower? O 5.375% ○ 4.750% O 4.875% O 7.000% O 6.905% O 7.011%Financial accounting question not used ai18 .Use the following amortization chart: Selling price of home Down payment Principal (loan) Rate of interest Years Payment per $1,000 Monthly mortgage payment $ 90,000 $ 5,000 $ 85,000 5 1/2% 30 $ 5.67789 $ 482.62 What is the total cost of interest? Note: Do not round intermediate calculations. Round your answer to the nearest cent. Total cost of interest:???
- Assume that XYZ Company has a loan agreement that states that it must maintain a fixed-charge coverage ratio greater than or equal to 1.0 They have net income of $75, noncash charges of $25, current loan maturities of $60, stock repurchases of $10, and replacement capital expenditures of $20. Which of the following statements is true? 1) Multiple choice question. - Their fixed-coverage ratio is 1.1. - Their fixed-coverage ratio is 2.0. - They have violated their affirmative covenant since their fixed-coverage charge is less than 1.0. -They can pay a dividend of no more than $20 to remain within the covenant. 2) The net worth safety margin can be calculated as the difference between a firm's Multiple choice question. - actual minimum net worth and covenant minimum net worth. - actual maximum net worth and covenant maximum net worth. - covenant minimum net worth and covenant maximum net worth. - actual minimum net worth and actual maximum net worth. 3) Which of the following are true of…P.rah Use the following amortization chart: Selling price of home Down payment Principal (loan) Rate of interest Years Payment per $1,000 Monthly mortgage payment $ 93,000 $ 5,000 $ 88,000 5.5% 30 $ 5.68 $ 499.84 Assume the interest rate rises to 7%. What is the total cost of interest with the new interest rate? (Use Table 15.1). (Do not round intermediate calculations. Round your final answer to the nearest cent.) Total cost of interest $Please give me true answer this financial accounting question
- Cost of Debt Financing Stinson Corporations cost of debt financing is 6%. Its tax rate is 30%. Required: Calculate the after-tax interest rate. (Vote: Round answer to one decimal place.)Buy On Time or Pay Cash Cost of Borrowing 1. 2. 3. 4. 5. 6. 7. 8. Cost of Paying Cash 9. 10. Terms of the loan a. Amount of the loan b. Length of the loan (in years) c. Monthly payment Total loan payments made ($ per month Less: Principal amount of the loan Total interest paid over life of loan Tax considerations: - Is this a home equity loan? - Do you itemize deductions on your federal tax return? What federal tax bracket are you in? Taxes saved due to interest deductions ($ %) Total after-tax interest cost on the loan X months) Annual interest earned on savings (6% X Annual after-tax interest earnings ($ %) X $10,000.00 5 $188.70 no yes 35% $ $ $ 00 00 $2 A debt of P75,000 is to be amortized by giving payment of P15,000 at the end of each quarter at 3% simple interest every quarter. Construct the amortization schedule. а. Amount Payment Number of Payment Payment on Interest Payment on Principal Balance b. How much of the third payment is allotted for the interest? c. How much of the third payment is allotted for the principal? d. How much is the balance after the third payment? How many payments are needed to settle the debt? е. f. How much is the concluding payment? g. Find the total interest to be paid.
- B. 1 Loan Amortization Schedule 3 Required: a) Construct an full amortization schedule for the scenerio below. Details to include pmt #, payment amount, interest portion and principal portion. 7 b) Determine how much interest was paid over the term of the loan. 8. 9 Details: 10 RBC has provided a $200,000 loan to Capilano Construction Inc, that earns 11 interest at a rate of 3.5% compounded monthly. The loan is to be paid back in 12 13 equal payments at the end of each month over a three-year term. 14 15 /Y 16 P/Y 17 CY 18 N 19 PV 20 FV 21 PMT 22 Principal Balance Pmt Payment Interest Portion Principal Portion 24 25 4567QUESTION 5 Given the following information, calculate the loan-to-value ratio (LTV) ratio for this property. Assume that there are no discount points or other up-front financing costs associated with the mortgage. Acquisition price: Equity investment: Mortgage term: Mortgage interest rate: 33.3% 66.7% 50% 80% $675,000 $225,000 25 years 8.0% annuallyA loan is to be amortized by n level annual payments of X where n > 5. You are given (1) The amount of interest in the first payment is 604.00 (2) The amount of interest in the third payment is 593.75 (3) The amount of interest in the fifth payment is 582.45 Calculate X.