Debt Management Ratios Tierre's Ts, Inc. reported a debt to equity ratio of 4.0 times at...
Debt Management Ratios Tierre's Ts, Inc. reported a debt to equity ratio of 4.0 times at the end of 2008. If the firm's total assets at year-end were $16.0 million, how much of their assets are financed with equity?
Homework Answers
Debt to equity ratio = Total debt / total equity = 4
Total assets = $16,000,000
Total Equity = Total assets - total debt
Total Debt / (Total assets - total debt) = 4
Total debt / ($16,000,000 - Total Debt) = 4
Total Debt = $64,000,000 - (4 * total Debt)
5 * Total Debt = $64,000,000
Total Debt = $12,800,000
Total Equity = $16,000,000 - $12,800,000
Total Equity = $3,200,000.
Total % of assets financed through equity = $3,200,000/ $16,000,000 = 20%
20% of assets are financed through Equity
Worth of equity = $3,200,000
Add Answer to:
Debt Management Ratios Tierre's Ts, Inc. reported a debt to
equity ratio of 4.0 times at...
Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of 210 times...
Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of 210 times at the end of 2018. If the firm's total assets at year-end are $49.5 million, how much of their assets is financed with equity? Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2018: net income = $680,000, total debt = $13.8 million, debt ratio = 43%. What...
Debt Management Ratio Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.89 times at the end...
Debt Management Ratio Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.89 times at the end of 2008. If the firm;s total debt at year end was $9,80 million, how much equity does Trina;s Trikes have? a. $1.89 million b, $9.80 million c, $18.52 million d. $5,19 million
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.20 times at the end of 2018....
Tiggie's Dog Toys, Inc. reported a debt-to-equity ratio of 1.20 times at the end of 2018. The firm's total assets at year-end were $28.60 million. How much of their assets are financed with debt and how much with equity? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.)
Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018....
Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm’s total assets at year-end were $25 million. How much of their assets are financed with debt and how much with equity? (Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 3 decimal places.)
Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes,...
Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? Multiple Choice points (8 00:50:07 $9.00 million eBook $16.29 million Oo oo $1.81 million $4.97 million
Garwryk, Inc., which is financed with debt and equity, presently has a debt ratio of 79...
Garwryk, Inc., which is financed with debt and equity, presently has a debt ratio of 79 percent. What is the firm's equity multiplier? How is the equity multiplier related to the firm's use of debt financing (i.e., if the firm increased its use of debt financing would this increase or decrease its equity multiplier)? Explain. What is the firm's equity multiplier? The equity multiplier is given by: Equity Multiplier equals StartFraction 1 Over 1 minus Debt Ratio EndFraction The equity...
The Pelican Resort Hotel reported a debt to equity ratio of 1.75 at the end of...
The Pelican Resort Hotel reported a debt to equity ratio of 1.75 at the end of 2008. If the firm’s total debt at the end of 2008 was $25 million, what was the total owners’ equity for the Pelican Resort Hotel at the end of 2008?
5. More on debt management ratios The extent of financial leverage in a firm Debt ratios...
5. More on debt management ratios The extent of financial leverage in a firm Debt ratios measure the proportion of total assets financed by a firm's creditors. Sunny Co. has a debt-to-equity ratio of 2.00, compared to the industry average of 2.40. Its competitor Carter Co., however, has a debt-to-equity ratio of 1.60. Based on what debt-to-equity ratios imply, which of the following statements is true? Sunny Co. has higher creditworthiness than Carter Co. Sunny Co. has greater financial risk...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was 60 percent, sales were $20 million, and the capital intensity was 1.25 times. This year K9 WebbWear plans to increase its debt ratio to 76 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 9 percent culate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was 50 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 10 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Debt Management Ratios Zoe's Dog Toys, Inc. reported a debt to equity ratio of 210 times at the end of 2018. If the firm's total assets at year-end are $49.5 million, how much of their assets is financed with equity? Profitability and Asset Management Ratios You are thinking of investing in Tikki's Torches, Inc. You have only the following information on the firm at year-end 2018: net income = $680,000, total debt = $13.8 million, debt ratio = 43%. What...
Week 3 Quiz A A Saved Help Save & Exit Submi Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? Multiple Choice points (8 00:50:07 $9.00 million eBook $16.29 million Oo oo $1.81 million $4.97 million
5. More on debt management ratios The extent of financial leverage in a firm Debt ratios measure the proportion of total assets financed by a firm's creditors. Sunny Co. has a debt-to-equity ratio of 2.00, compared to the industry average of 2.40. Its competitor Carter Co., however, has a debt-to-equity ratio of 1.60. Based on what debt-to-equity ratios imply, which of the following statements is true? Sunny Co. has higher creditworthiness than Carter Co. Sunny Co. has greater financial risk...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was 60 percent, sales were $20 million, and the capital intensity was 1.25 times. This year K9 WebbWear plans to increase its debt ratio to 76 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 9 percent culate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was 50 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 10 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Most questions answered within 3 hours.
-
Given the function below, F(w,x,y,z)= x’z+w’z’+w’y
a) draw a logic diagram for an implementation which uses...
asked 18 minutes ago -
This assignment will explore the impact of corporate decisions
on a local versus a global perspective....
asked 43 minutes ago -
Most political philosophers believe we have a duty to obey laws,
even if the laws in...
asked 1 hour ago -
Which of the following are common negotiation outcome
mistakes?
a. Leave money on the table b....
asked 1 hour ago -
Propose an efficient synthesis of 2-Bromo-5-nitrotoluene from
benzene. Hint: 3 steps. Consider directing effects of substituents....
asked 1 hour ago -
Convert the following quantities:
a) 0.819 atm to torr b) 512 mmHg to bar c) 11.2...
asked 1 hour ago -
C ++ Implement cat command
The purpose of this assignment is to provide practice using the...
asked 2 hours ago -
we
convert sugars into another form of stored potential energy. This
is called?
asked 2 hours ago -
The manufacturers of Oriental Spice Sauce are concerned that the
sodium levels in their product vary...
asked 3 hours ago -
PLEASE DON'T ANSWER IF YOU CAN'T ANSWER ALL OF THE QUESTIONS. I
DESPERATELY NEED HELP
Consider...
asked 3 hours ago -
DO NOT ANSWER IF YOU ARE UNSKILLED IN THIS AREA! TYPE OR WRITE
EACH ANSWER CLEARLY!!...
asked 3 hours ago -
how many moles of sodium are there in 3.41 moles of the
following compounds
NaCl
Na2SO4...
asked 3 hours ago