The New Fund had average daily assets of Php2.2 billion in the past year. The fund sold Php400 million and purchased Php500 million worth of stock during the year. What was its turnover ratio?

Q: Suppose that Gyp Sum Industries currently has the balance sheet shown below, and that sales for the…

A: External funds needed to support the planned growth next year, have to be calculated. This is a…

Q: Given the following information, if the firm wants to grow sales by 70% next year, and it is…

A:

Q: For the next fiscal year, you forecast net income of $49,600 and ending assets of $505,800. Your…

A: Debt equity ratio = total debts/ shareholders fund Share holders include share capital ,reserves and…

Q: The following information has been taken from the income statement and statement of financial…

A: solution is given in step 2 and 3

Q: Milton Gaming Company currently has assets of P3,000,000 and accounts payable of P200,000. The…

A: External funds are those funds and amounts which are required for business and which are being…

Q: For the next fiscal year, you forecast net income of $48,100 and ending assets of $504,000. Your…

A: The debt-equity ratio helps to determine the amount of leverage in the company compared to the…

Q: Suppose a company had an initial investment of $50,000. The cash flow for the next five years are…

A: The discounted payback period is the application of the time value of money. It discounts future…

Q: For the cash flows below determine the amount in  year 1, if the annual worth in years 1 through 9…

A: Annual Cash flow (CF) = $3500 Interest rate (r) = 0.10 Period (n) = 9 Years Amount in year 1 (P1) =…

Q: For the next fiscal year, you forecast net income of $49,400 and ending assets of 506,900. Your…

A: 1. Forecasted Net Income: $49,4002. Ending Assets: $506,9003. Payout Ratio: 10.6%4. Beginning…

Q: Suppose a company had an initial investment of $40,000. The cash flow for the next five years are…

A: Discounted payback period refers to the time taken for the recovery of the initial investment after…

Q: A mutual fund sold $60 million of assets during the year and purchased $78 million in assets. If the…

A: Fund turnover ratio = Minimum of fund purchased or sold / Average daily assets.

Q: The Retail Company currently has assets of P3,000,000 and accounts payable of P200,000. The firm's…

A: External Funds Needed is calculated with the help of following formula  External Funds Needed =…

Q: Suppose that TV Industries, Inc. currently has the balance sheet shown as follows, and that sales…

A: The question is based on the calculation of additional fund need to fulfill the requirement to…

Q: The projected cash flows in the first year of operation for Angry Birds Inc. are given below.…

A: Cash flows is the cash generated from operations.

Q: JoyFM Inc. has an investment opportunity, which generates cash flows shown below. The investment…

A: Cash flow for year 0 = -$14,500 Cash flow for year 1 = $7400 Cash flow for year 2 = $8700 Cash flow…

Q: A sector fund specializing in commercial bank stocks had average daily assets of $8.6 billion during…

A: A mutual fund is an institution that pools money from various investors and allocates those…

Q: first question

A: Financial ratios refer to the magnitude of two values that should be taken from the firm’s…

Q: The present value of the following cash flow stream is $5,933.86 when discounted at 11 percent…

A: The Present Value of Cash flows are calculated by multiplying the Cash flows by discount factor of…

Q: Suppose that Wind Em Corp. currently has the balance sheet shown below, and that sales for the year…

A: Retained earnings refer to the percentage of profit retained or withheld by the company for further…

Q: Given the following information, if the firm wants to grow sales by 70% next year, and it is…

A: The objective of the question is to calculate the additional funds needed (AFN) for a firm that…

Q: A fim has the market price of Rs. 38. A constant expected annual growth rate of 6% and a dividend of…

A: Cost of debt (Rd) = 6.5% Cost of preference shares (Rp) = 10% Cost of retained earnings (Rr) = 14%…

Q: A mutual fund sold $50 million of assets during the year and purchased $88 million in assets. If the…

A: Sales of assets = $50 millionPurchases of assets = $88 millionAverage daily assets = $265 million

Q: Your company is operating at full capacity. Based on the AFN formula and the Percentage of Sales…

A: AFN refers to Additional Funds NeededAFN = (Last year's Total Assets/Last Year's Sales) x Change in…

Q: A mutual fund sold $50 million of assets during the year and purchased $67 million in assets. If the…

A: Sales of assets = $50 millionPurchases of assets = $67 million Average daily assets = $145 million

Q: A high-water mark of $150 million was established two years ago for Sarah hedge fund. The…

A: A hedge fund seems to be a fund which is the type of alternative investment which combines cash from…

Q: Assume an investor deposits S117, 000 in a professionally managed account. One year later, the…

A: The DWR of a portfolio refers to the return provided by the portfolio such that the PV of the cash…

Q: Citadel invests $65.75 billion in each of Samsung Hedge Fund (SHF) and Apple Hedge Fund (AHF).…

A: concept. rate of return to investor =   capital appreciation - management fees - incentive…

Q: The First National Bank of Trinidad reports a net interest margin of 5.83 percent. It has total…

A: Bank refers to institution that is primarily involved in accepting deposits from public and…

Q: what is the AFN for the coming year?

A: AFN = Projected increase in total assets - Spontaneous increase in liability - increase in retained…

Q: (a) Assume JPM has a Liquidity Coverage Ratio of 112%. Assume JPM's High Quality Liquid Assets total…

A: The liquidity coverage ratio is a term that refers to the proportion of highly liquid assets held by…

Q: The cashflow below represents the amount invested by a company into a special purpose fund starting…

A: The purchasing power will be the future value of the cash flows at the market rate of interest and…

Q: (a) If Pena Company requires a 6% return on its investments, what is the net present value of this…

A: Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or…

Q: The white oak company's annual sales are 219 million van average of 9 days elapses between when a…

A: GIVEN   The white oak company's annual sales are 219 million van average of 9 days elapses between…

Q: A firm's current profits are $450,000. These profits are expected to grow indefinitely at a constant…

A: Current Profit = p = $450,000Growth rate = g = 3%Cost of Fund = r = 6%

Q: Given the most recent financial statements for FY2023. Sales for FY2024 are expected to grow by 10…

A: ($ in millions)Addition to retained earnings = $32,902Net income = $69,605The retention ratio for…

Q: Find the profitability index (PI) for the following series of future cash flows, assuming the…

A: To calculate the profitability index (PI), we need to divide the present value of the future cash…

Q: A financial adviser is reviewing one of her client's accounts. The client has been investing $1,000…

A: Monthly investment = $1,000 Compounded = quarterly = 4 times in a year Interest rate = 7.3%  Time…

Q: Find the profitability index (PI) for the following series of future cash flows, assuming the…

A: The profitability index is a financial metric used to determine the potential profitability of an…

Q: use the following information to develop a spreadsheet model that will calculate the free cash flows…

A: Discounted cash flow valuation technique uses FCFF of the firm and discounts them with the weighted…