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The firm currently has $298,900 in sales and is operating at 86 percent of the firm's...
20. From reading Facegen’s financial statements, we can easily tell the firm's net working capital and...
20. From reading Facegen’s financial statements, we can easily tell the firm's net working capital and all of its expenses vary directly with sales. At the same time, the firm is currently operating at 86 percent of capacity. And, it does not want to apply external financing by issuing either stock or bonds. Facegen is paying income taxes at 21%. It has adopted a constant dividend payout ratio of 25%. Which statement given below related to the firm's pro forma...
The firm has $878,000 of sales and $913.000 of total assets. The firm is operating at...
The firm has $878,000 of sales and $913.000 of total assets. The firm is operating at 93 percent of capacity Capital Intensity Total Assets/Sales.) What is the capital intensity ratio at full capacity? 0.62 O b0.88 0.97 c. O d. 1.03 1.14
3. The following balance sheet and income statement should be used. This company is currently operating...
3. The following balance sheet and income statement should be used. This company is currently operating at 82% of capacity. The profit margin and the dividend payout ratio are constant. Net working capital and fixed assets vary directly with sales. Sales are projected to increase by 20 percent. What is the external financing need? A. -$736 Full copacity sol takes Net income B. -$487 C. $1,144 Utilization 46680 D. $5,708 E. $6,768 full Sales - 38900 Ratio $38,900 x 1.2...
Wilson's is currently operating at maximum capacity. The firm has a net income of $2,250, total...
Wilson's is currently operating at maximum capacity. The firm has a net income of $2,250, total assets of $24,600, long-term debt of $9,800, accounts payable of $2,700, dividends of $900, and total equity of $12,100. All costs, assets, and current liabilities vary directly with sales. The tax rate and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 5 percent? -323 0 -467...
BK Metals is currently operating at full capacity. The profit margin and the dividend payout ratio...
BK Metals is currently operating at full capacity. The profit margin and the dividend payout ratio are held constant. Net working capital and fixed assets vary directly with sales. The company currently has current liabilities of $3,950, long-term debt of $14,700, net working capital of $7,850, net fixed assets of $27,600, owners' equity of $20,750, net income of $2,900, and dividends paid of $870. What is the external financing need if sales increase by 11 percent? A -768 B. -145...
BJ Company's networking capital and all of its expenses vary directly with sales. The firm is...
BJ Company's networking capital and all of its expenses vary directly with sales. The firm is currently operating at 86 percent of capacity The fum wants no additional external financing of any kind. The tax rate is 21 percent and the dividend payout ratio is fixed at 25 percent Which statement related to next year's pro forma statements must be correct? Multiple Choice C) Total equity will remain constant at this year's endng value O O The maximum rate of...
A firm's current level of operation (for example, at 90% of its operating capacity) can be...
A firm's current level of operation (for example, at 90% of its operating capacity) can be used to project the firm's account value of __________________ when preparing pro forma financial statements. A sales B cost of goods sold C accounts receivable D fixed assets E long-term debt
16 and 17 please. first photo has numbers Income Statement Net sales $5,800 Less: Cost of...
16 and 17 please. first photo has numbers
Income Statement Net sales $5,800 Less: Cost of goods sold 3,850 Less: Depreciation 460 Earnings before interest and taxes 1,490 Less: Interest paid 270 Taxable income $1,220 Less: Taxes 320 Net income Dividends $630 Cash Accounts rec. Inventory Total Net fixed assets Total assets Balance Sheet $ 630 Accounts payable 810 Long-term debt 540 Common stock $1,980 Retained earnings 4.930 $6.910 Total liab. & equity S 850 3,010 2,200 850 $6.910 5...
Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2017 to...
Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2017 to $5 million in 2018, or by 25%. Its assets totaled $2 million at the end of 2017. Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2017, current liabilities are $720,000, consisting of $140,000 of accounts payable, $400,000 of notes payable, and $180,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
The stock of North American Dandruff Company is currently selling at $80 per share. The firm...
The stock of North American Dandruff Company is currently selling at $80 per share. The firm pays a dividend of $2.50 per share. a. What is the dividend yield? b. If the firm has a payout rate of 50 percent, what is the firms P/E ratio? Solution Problem 18-10 Instructions Enter formulas to calculate the requirements of this problem. Information Stock price$80 Dividend$2.50 a. What is the annual dividend yield?FORMULA in EXCEL b. If the firm has a payout rate...
The firm has $878,000 of sales and $913.000 of total assets. The firm is operating at 93 percent of capacity Capital Intensity Total Assets/Sales.) What is the capital intensity ratio at full capacity? 0.62 O b0.88 0.97 c. O d. 1.03 1.14
3. The following balance sheet and income statement should be used. This company is currently operating at 82% of capacity. The profit margin and the dividend payout ratio are constant. Net working capital and fixed assets vary directly with sales. Sales are projected to increase by 20 percent. What is the external financing need? A. -$736 Full copacity sol takes Net income B. -$487 C. $1,144 Utilization 46680 D. $5,708 E. $6,768 full Sales - 38900 Ratio $38,900 x 1.2...
BJ Company's networking capital and all of its expenses vary directly with sales. The firm is currently operating at 86 percent of capacity The fum wants no additional external financing of any kind. The tax rate is 21 percent and the dividend payout ratio is fixed at 25 percent Which statement related to next year's pro forma statements must be correct? Multiple Choice C) Total equity will remain constant at this year's endng value O O The maximum rate of...
16 and 17 please. first photo has numbers
Income Statement Net sales $5,800 Less: Cost of goods sold 3,850 Less: Depreciation 460 Earnings before interest and taxes 1,490 Less: Interest paid 270 Taxable income $1,220 Less: Taxes 320 Net income Dividends $630 Cash Accounts rec. Inventory Total Net fixed assets Total assets Balance Sheet $ 630 Accounts payable 810 Long-term debt 540 Common stock $1,980 Retained earnings 4.930 $6.910 Total liab. & equity S 850 3,010 2,200 850 $6.910 5...
Quantitative Problem 1: Beasley Industries' sales are expected to increase from $4 million in 2017 to $5 million in 2018, or by 25%. Its assets totaled $2 million at the end of 2017. Beasley is at full capacity, so its assets must grow in proportion to projected sales. At the end of 2017, current liabilities are $720,000, consisting of $140,000 of accounts payable, $400,000 of notes payable, and $180,000 of accrued liabilities. Its profit margin is forecasted to be 4%,...
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**86 at 40 not 88. please show how got Tr in calculations thank
you
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