Homework Answers
$278,000
If debt/asset = 40%, then debt = asset*40%
borrow amount = 0.4*$695,000 = $278,000
Thanks
Let me know if you have any doubt.
Add Answer to:
D Question 54 1 pts Beranek Corp has $695,000 of assets (which equal total invested capital),...
Beranek Corp. has $410,000 of assets, and it uses no debt—it is financed only with common...
Beranek Corp. has $410,000 of assets, and it uses no debt—it is financed only with common equity. The new CFO wants to employ enough debt to bring the debt/assetsratio to 40%, using the proceeds from the borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio?
Hutchinson Corporation has zero debt - it is financed only with common equity. Its total assets...
Hutchinson Corporation has zero debt - it is financed only with common equity. Its total assets are $330,000. The new CFO wants to employ enough debt to bring the debt/assets ratio to 40%, using the proceeds from the borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio? Select the correct answer. a. $132,000.00 b. $131,986.90 c. $131,973.80 d. $131,960.70 e. $132,013.10
castew w ant wat in weather Lhota has renament holder with were years. W e MVA...
castew w ant wat in weather Lhota has renament holder with were years. W e MVA A) SS2.000.000 3) SI300.000 S12.000.000 ng atine nome r Nation has $220.000 and a e the firm has S 0 00, long term debt of $116,000, and common equity of 5435.00. What is its retro A) 1798 B) 18.62 1987% Question 31 Shives Publishing recently reported $13,000 of sales, 55,500 of operating costs other than and $1.250 of depreciation. The company had $3,500 of...
Last year Ann Arbor Corp had $250,000 of assets (which equals total invested capital), $305,000 of...
Last year Ann Arbor Corp had $250,000 of assets (which equals total invested capital), $305,000 of sales, $20,000 of net income, and a debt-to-total-capital ratio of 37.5%. The new CFO believes that a new computer program will enable the company to reduce costs and thus raise net income to $33,000. The firm finances using only debt and common equity. Assets, total invested capital, sales, and the debt to capital ratio would not be affected. By how much would the cost...
Last year Kruse Corp had $410,000 of assets (which is equal to its total invested capital),...
Last year Kruse Corp had $410,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net income, and a debt-to-total-capital ratio of 39%. The new CFO believes the firm has excessive fixed assets and inventory that could be sold, enabling it to reduce its total assets and total invested capital to $252,500. The firm finances using only debt and common equity. Sales, costs, and net income would not be affected, and the firm would...
Meyer Inc's total invested capital is $660,000, and its total debt outstanding is $185,000. The new...
Meyer Inc's total invested capital is $660,000, and its total debt outstanding is $185,000. The new CFO wants to establish a total debt to total capital ratio of 55%. The size of the firm will not change. How much debt must the company add or subtract to achieve the target debt to capital ratio? a. $217,160 b. $172,660 c. $138,840 d. $176,220 e. $178,000
Lindley Corp.'s stock price at the end of last year was $22, and its book value...
Lindley Corp.'s stock price at the end of last year was $22, and its book value per share was $25.00. What was its market/book ratio? Select the correct answer. a. 0.81 b. 0.95 c. 0.67 d. 0.74 e. 0.88 Northwest Lumber had a profit margin of 10%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE? Select the correct answer. a. 26.91% b. 26.73% c. 27.00% d. 26.82% e. 27.09% Hutchinson Corporation...
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current...
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car Rental's sales last year were $415,000, and its year-end...
pls show the work In-Class Exercise - Accounting Review 10. Angie Animal House had current assets...
pls show the work
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car Rental's sales last year were...
pls answer all the questions and show the work In-Class Exercise - Accounting Review 10. Angie...
pls answer all the questions and show the work
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car...
castew w ant wat in weather Lhota has renament holder with were years. W e MVA A) SS2.000.000 3) SI300.000 S12.000.000 ng atine nome r Nation has $220.000 and a e the firm has S 0 00, long term debt of $116,000, and common equity of 5435.00. What is its retro A) 1798 B) 18.62 1987% Question 31 Shives Publishing recently reported $13,000 of sales, 55,500 of operating costs other than and $1.250 of depreciation. The company had $3,500 of...
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car Rental's sales last year were $415,000, and its year-end...
pls show the work
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car Rental's sales last year were...
pls answer all the questions and show the work
In-Class Exercise - Accounting Review 10. Angie Animal House had current assets of $55,300 and current liabilities of $47.950 last year. This year, the current assets are $80,400 and the current liabilities are $82,100. The depreciation expense for the past vear is $10,600 and the interest paid is $7.800. What is the amount of the change in net working capital (NWC)? Chapter 3 - Analysis of Financial Statements 11. Bloom Car...
Most questions answered within 3 hours.
-
Sulfuric acid (250.0mL) is titrated with 176.5 mL 2.4 M NaOH to
an equivalence point (the...
asked 8 minutes ago -
The quality control manager of a cookie company is inspecting a
batch of chocolate-chip cookies that...
asked 10 minutes ago -
How can we identify what the horizontal force is when looking at
a merry go round?...
asked 42 minutes ago -
While Dime Community Bank is based in Brooklyn; management has
decided to focus its lending activity...
asked 1 hour ago -
1) Earnings functions, whereby the log of earnings is regressed
on years of education, years of...
asked 41 minutes ago -
Bruno Corporation is involved in the business of injection
molding of plastics. It is considering the...
asked 46 minutes ago -
What would be the vapor pressure of water at 96°C above a
solution made by dissolving...
asked 1 hour ago -
Hydration of norbornene
Write the reaction. Discuss the intermediate. Explain how the
equilibrium in the reaction...
asked 1 hour ago -
Suppose that a party wanted to enter an FRA that expires in 42
days and is...
asked 1 hour ago -
ABC Ltd. estimated that a new store requires an initial
investment of $800,000. This new store...
asked 1 hour ago -
1. Review the Nike’s marketing strategy. You must include the
company’s target market, possible market segmentation,...
asked 1 hour ago -
One of the major advantages of ______________ is to enhance
security for private networks by keeping...
asked 1 hour ago