Ask Question, Ask an Expert


Ask Basic Finance Expert

1) Sam’s Office Supplies currently reported $13,500 of sales, $7,250 of operating costs other than depreciation, and $1,750 of depreciation. Company had no amortization charges and no non-operating income. It had= $9,000 of bonds outstanding which carry a 9.5% interest rate, and its federal-plus-state income tax rate was= 40%. How much was firm's taxable income, or earnings before taxes (EBT)?

2) Over the years, Janjigian Corporation's stockholders have given $29,750 of capital, partially when they bought new issues of stock and partially when they allowed management to retain some of firm's earnings. Firm now has= 2,500 shares of common stock outstanding and it sell at the price of $42.00 per share. How much value has Janjigian's management added to stockholder wealth over the years, that is, what is Janjigian's MVA?

3) Zumbahlen Inc. has balance sheet given below. How much total net operating capital does firm have?

Cash $ 20.00 Accounts payable $ 30.00
Short-term investments 55.00 Accruals 50.00
Accounts receivable 30.00 Notes payable 30.00
Inventory 60.00 Current liabilities $110.00
Current assets $165.00 Long-term debt 100.00
Gross fixed assets $175.00 Common stock 30.00
Accumulated deprec. 40.00 Retained earnings 60.00
Net fixed assets $135.00 Total common equity $ 90.00
Total assets $300.00 Total liab. & equity $300.00

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M915030

Have any Question? 

Related Questions in Basic Finance

The wall street journal reports that the rate on 8-year

The Wall Street Journal reports that the rate on 8-year Treasury securities is 1.20 percent and the rate on 9-year Treasury securities is 1.75 percent. According to the unbiased expectations theories, what does the marke ...

You estimate that you will owe 40300 in student loans by

You estimate that you will owe $40,300 in student loans by the time you graduate. The interest rate is 4.25 percent. If you want to have this debt paid in full within ten years, how much must you pay each month? Atlas In ...

What do you think about the following statement i am going

What do you think about the following statement? "I am going to receive $100 two years from now and $200 three years from now, so I am getting a $300 future value." How could the two cash flows be compared or combined?

Suppose you have a distribution x with mean 29 and

Suppose you have a distribution, X, with mean = 29 and standard deviation = 6. Define a new random variable Y = 4X - 5. Find the mean and standard deviation of Y. a) E[Y] = 111; σY= 19 b) E[Y] = 116; σY= 96 c) E[Y] = 111 ...

The fed versus congress should the fed or congress decide

The Fed versus Congress: Should the Fed or Congress decide the fate of large financial institutions that are near bankruptcy?

1 at december 31 2014 hyasaki corporation has the following

1. At December 31, 2014, Hyasaki Corporation has the following account balances: Bonds payable, due January 1, 2023 $2,102,000 Discount on bonds payable 113,400 Interest payable 104,960 Show how the above accounts should ...

Question carmen tilley a recent college graduate has

Question: Carmen Tilley, a recent college graduate, has decided to accept a job offer from a nonprofit organization. She'll earn $34,000 a year but will receive no employee health benefits. Carmen estimates that her mont ...

1- explain the calculations in each of the three panels

#1- Explain the calculations in each of the three panels below, one at a time. Explain the purpose of the calculation and the procedure of the calculation, i.e., how the data inputs determine the output - the result. Bon ...

Some developing countries including ghana are encouraging

Some developing countries (including Ghana) are encouraging development of local production of basic business services like call centers and data entry, to become an important destination for offshore outsourcing. Which ...

Globalization has failed in every respect brexit is a clear

Globalization has failed in every respect. Brexit is a clear sign that the integration of financial markets will now be unwound. What is your view of this statement? Justify your opinion.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate