The most recent financial statements for Mandy Company are shown below:Income StatementBalance Sheet$ 38,000 Debt96,800 Equity$ 134,800 TotalSalesCostsTaxable incomeTax (23%)Net Income$ 98,400 Current assets69,750 Fixed assets.TotalInternal growth rate$ 28,6506,590$ 22,060$ 49,20085,600$134,800Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent dividend payoutratio. No external financing is possible. What is the internal growth rate?Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Formula for internal growth rate:Internal growth rate=The growth rate that can be achieved with…

the most recent financial statements for Mandy Company are shown below: Income Statement Balance Sheet $ 38,000 Debt 95,800 Equity $ 134,800 Total Sales Costs Taxable income Tax (23%) Net Income $ 98,400 Current assets Fixed assets 69,750 $ 28,650 Total 6,590 $ 22,060 $ 49,200 85,600 $134,800 ssets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent. antio. No external financing is possible. What is the internal growth rate? Mote: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places.

the most recent financial statements for Mandy Company are shown below: Income Statement Balance Sheet $ 38,000 Debt 95,800 Equity $ 134,800 Total Sales Costs Taxable income Tax (23%) Net Income $ 98,400 Current assets Fixed assets 69,750 $ 28,650 Total 6,590 $ 22,060 $ 49,200 85,600 $134,800 ssets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 35 percent. antio. No external financing is possible. What is the internal growth rate? Mote: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places.

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

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The Moraine Company has net income of $167,850. There are currently 32.65 days' sales in receivables. Total assets are $856,000, total receivables are $148,100, and the debt-equity ratio is .65. a. What is the company's profit margin? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the company's total asset turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What is the company's ROE? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. a. Profit margin b. Total asset turnover c. ROE % times %
Oriole Corporation reported net sales of $166,000, cost of goods sold of $99,600, operating expenses of $36,200, other expenses of $13,600, net income of $16,600. Calculate the following values: (Round answers to 0 decimal places, e.g. 15%.) 1. 2. Profit margin Gross profit rate % %
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Vertical Analysis of Income Statement Revenue and expense data for Rogan Technologies Co. are as follows: 20Y8 20Υ7 Sales $572,000 $503,000 Cost of goods sold 366,080 286,710 Selling expenses 80,080 85,510 Administrative expenses 91,520 100,600 Income tax expense 17,160 10,060 a. Prepare an income statement in comparative form, stating each item for both 20Y8 and 20Y7 as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as a positive number. Rogan Technologies Co. Comparative Income Statement For the Years Ended December 31, 20Y8 and 20Y7 20Y8 Amount 20Y8 Percent 20Y7 Amount 20Y7 Percent % % % % Gross profit % % % Total operating expenses % % % Net income
Franklin Corporation's balance sheet indicates that the company has $570,000 invested in operating assets. During Year 2, Franklin earned operating income of $64,980 on $1,140,000 of sales. Required a. Compute Franklin's profit margin for Year 2. b. Compute Franklin's turnover for Year 2. c. Compute Franklin's return on investment for Year 2. d. Recompute Franklin's ROI under each of the following independent assumptions: (1) Sales increase from $1,140,000 to $1,368,000, thereby resulting in an increase in operating income from $64,980 to $82,080. (2) Sales remain constant, but Franklin reduces expenses, resulting in an increase in operating income from $64.980 to $67,260. (3) Franklin is able to reduce its invested capital from $570,000 to $456,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Req A to C Req D Compute Franklin's profit margin, turnover and return on investment for Year 2. Note: Round "Profit margin" and "Return…
Calculate the profit margin (net income / sales) for the firm below. Sales 1700 COGS $1,200 Depreciation $800 Interest $500 Net Income 900 Total Assets $5,000
The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet $ 11,760 27,450 $ 39,210 Sales Costs Taxable income Taxes (24%) Net income $19,200 13,050 $ 6,150 Sustainable growth rate 1,476 $4,674 Current assets Fixed assets Total Debt Equity % Total Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 45 percent dividend payout ratio. What is the sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) $ 15,880 23,330 $ 39,210

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