$2.00 answer for unit3 - q1-6
- This tutorial hasn't been purchased yet.
- Posted on Apr. 12, 2009 at 11:44:03AM
A:
Preview: ... aching ...
The full tutorial is about 9 words long plus attachments.
Attachments:
from 1 to 6.txt (1K) (Preview)
$8.00 Answer to q10 - Ratios
- This tutorial hasn't been purchased yet.
- Posted on Apr 12, 2009 at 12:11:21PM
A:
Preview: ... ng the ...
The full tutorial is about 7 words long plus attachments.
Attachments:
Corporation Financials.xls (31K)
$20.00 Unit_3 finance
- This tutorial was purchased 1 time and hasn't been rated yet.
- Posted on Apr 14, 2009 at 03:01:19PM
A:
Preview: ... $4.00, its book value per share was $20.00, it had 200,000 shares outstanding, and its debt ratio was 40%. How much debt was outstanding?<br>(Points: 5)<br> $2,333,333<br> $2,666,667<br> $3,000,000 <br> $3,333,333<br> $3,666,667<br><br>Book value of common equity = 200,000 x 20 = $4,000,000<br>Debt ratio = 40%<br>Common stock = 60% = 4,000,000<br>Debt = 4,000,000 x 40/60<br> = $2,666,667<br><br><br>7. <br>Burger Corp has $500,000 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $600,000, and its net income after taxes was $25,000. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15%. What profit margin would Burger need in order to achieve the 15% ROE, holding everything else constant?<br>(Points: 5)<br> <br>8.00%<br><br> 9.50% <br> 11.00% <br> 12.50% <br> 14.00% <br>Return on equity = Net profit x 100<br> Capital employed<br>15% = Net profit x 100<br> 500,000<br>Net profit = 500,000 x 15/100<br>Net profit = 75,000<br><br>Net profit margin = 75,000 x 100<br> 600,000<br> = 12.5%<br>To achieve 15% ROE, profit margin should be 12.5% of sales revenue.<br><br><br><br><br>8. <br>Last year Charter Corp. had sales ...
The full tutorial is about 1434 words long plus attachments.
Attachments:
Unit3_Finance.doc (180K) (Preview)
Project Template.xls (29K)
