Long-term DebtOwner's CapitalTOTAL LIABILITIES AND CAPITALyho glues botsugerusians808,0002,089,361REQUIRED:1. Complete the Financial Statement.2. Compute the following ratios:A. current ratioB. quick ratioC. receivables turnover and age of receivablesD. inventory turnover and age of inventoryE. time interest earnedF. debt ratioG. equity ratioH.gross profit marginI. operating profit marginJ. net profit margin889,00086,9923. Describe the restaurant performance in each year, and then discuss your recommendations in frontof the class. Individual presentation 2. The financial statements of Marchy's restaurant located in Taguig city are presented below:Income StatementNet SalesLess: Cost of Goods SoldGross ProfitLess: Other ExpensesOperating IncomeLess: Interest ExpenseNet IncomeBalance SheetCashAccounts Receivables, netInventoriesPrepaid RentTotal Current AssetsEquipment and FixturesLess: Accumulated DepreciationTotal Fixed AssetsTOTAL ASSETSAccounts PayableNotes PayableAccrualsTotal Current LiabilitlesYear 26,100,6093,020,679P990,500154,653Year 2P 899,826525,0091,002,059180,0001.280,961406,728874,233P764,986409,000631,980PYear 15,804, 1292,987,456350,004212,356Year 1189,314866,314807,213360,0001,287,157281,581 ont1,005,575890,754540,000671,870

Income statement It records all revenues, costs and expenses. When all costs and expenses are…

Answered: said ons viko glues botseerias 808,000…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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me * CengageNowv2 | Online teach x keAssignment/takeAssignmentMain.do?invoker-D&takeAssignmentSessionLocator=&inprogress%-false Updar Discount Amortization On the first day of the fiscal year, a company issues a $1,700,000, 9%, 10-year bond that pays semiannual interest of $76,500 ($1,700,000 x 9% x ½), receiving cash of $1,407,515. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Interest Expense 1,407,515 Discount on Bonds Payable Cash
Probability of financial Value of debt distress $0 0% $2,500,000 1% $5,000,000 2% $7,500,000 4% $10,000,000 8% $12,500,000 16% $15,000,000 32% $20,000,000 64%
If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a. $2,100,000 b. $1,940,000 c. $2,060,000 d. $2,000,000
4
Problem 2: Trody Co., from the previous problem, wants to prepare forecasted financial statements for the year 2015 using the percent of sales method, and the below additional given (Round numbers to the nearest dollar): Given forecasted sales of 2015: $6,500 b- The tax rate will be 40% in 2015. The company expected to distribute dividends of $750 in 2015. The interest rate on all interest-bearing loans will be 5% annually in 2015. The company is not intending to make changes to its fixed assets a- C- d- e- 1- The forecasted cost of goods sold for 2015 is expected to be: O a) $3,300 Ob) $3,738 c) $3,000 d) $4,250 e) None of the above. 2- Forecasted fixed expenses amount for 2015 is expected to ber
Consider the following balance sheet for Northern Highland Credit Union (NHCU) before answering parts (i) through (v). Assets ($ million) $ Liabilities ($ million) $ Cash 30 Overnight interbank borrowing (7.00%) 160 T-notes 2 month (7.05%) 60 2-year CD (5%) 20 T-notes 3 months (7.25%) 80 7 year fixed rate Subordinated debt (8.55%) 150 T-notes two-year (7.50%) 60 Equity 25 T-notes 10-year (8.96%) 100 Corporate bonds (>5 years to maturity) 25 Total assets 355 Total liabilities and Equity 355 What is the repricing (funding) gap over the 0-to-6 months maturity bucket?
TI209 JADMANE BO Sources Trade and other payables Short-term borrowings Mortgage Long-term borrowings Share capital Retained earnings Amounts $200,000 250,000 500,000 250,000 300,000 800,000 The before-tax bank charges are 11.0% for the short-term borrowings, 10.0% for the long-term borrowings, and 10.5% on the mortgage. The shareholders expect to earn 16%. Assume that the company's income tax rate is 50%. 40% Questions financing 1. Calculate the company's after-tax cost of borrowing. 2. Calculate the company's weighted average cost of capital.
Accounts payable $509,000Notes payable $244,000Current liabilities $753,000Long-term debt $1,246,000Common equity $4,751,000Total liabilities and equity $6,750,000 What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Campbell were to purchase a new warehouse for $1.4 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?
Jean, Steph and Hera, partners, share net income and losses in the ration of 5:3:2. The partners decided to liquidate the partnership. Their statement of financial position is: Assets Cash P20,000.00 Other assets 105,000.00 Total Assets P125,000.00 Liabilities and Equity Liabilities P30,000.00 Jean, Loan 4,000.00 Jean, Capital 20,000.00 Steph, Capital 36,000.00 Hera, Capital 35,000.00 Total P125,000.00 The partneship is to be liquidated by installment. The first sale of noncash assets with a carrying amount of P60,000 realizwed at P45,000. Liquidation expenses paid amounted to P1,000
MegaHoldings Group, a significant conglomerate, and MiniFirm Ltd, its subsidiary, are involved in a financial transaction. Initially, on January 1, 2021, MegaHoldings Group issued bonds into the financial market. Two years later, on January 1, 2023, MiniFirm Ltd bought these bonds from the market entirely. The financial specifics for this transaction have been updated as follows: Bonds Nominal (Face) Value of the bonds: $1,000,000 Coupon Rate: 6% Initial Bond Release by MegaHoldings Group. Issuance Price: $807,470 Market Rate: 9% Bond Acquisition by MiniFirm Ltd. Acquisition Price: $1,064,632 Market Rate at Acquisition: 5% Please select the right consolidation entry [B] Multiple Choice Bonds Payable (B/P) 1,000,000 Interest Revenue 53.232 Loss on Retirement of Bonds 230,678 Discounts on Bonds Payable (B/P) 150,990 Investment in Bonds 1,057,864 Interest Expense 75,056
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Horizons plc had the following bank loans outstanding during the whole of 2008 which form the company's general borrowings for the year 10% loan repayable 20x9 8% Joan repayable 2012 Select one O a £305,625 Ob. £500,000 Oc 1892,500 Od 1541,875 De ER50,000 Of £425,000 Em 25 75 Horizons plc began construction of a qualifying asset on 1 May 20X8 and withdrew funds of E4.5 million on that date to fund construction. On 1 September 2008 an additional £6 million was withdrawn for the same purpose Calculate the borrowing costs which can be capitalised in respect of this project for the year ended 31 December 20X8

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said ons viko glues botseerias 808,000 2,089,361 Long-term Debt Owner's Capital TOTAL LIABILITIES AND CAPITAL REQUIRED: 1 Complete the Financial C 889,000 86,992