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The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry average, 2.70, without affecting either sales or net income. Assuming that inventories are sold off and not replaced to get the current ratio to the target level, and that the funds generated are used to buy back common stock at book value, by how much would the ROE change?
Quigley Inc. is considering two financial plans for the coming year. Management expects sales to be $301,770, operating costs to be $266,545, assets to be $200,000, and its tax rate to be 35%. Under Plan A it would use 25% debt and 75% common equity. The interest rate on the debt would be 8.8%, but the TIE ratio would have to be kept at 4.00 or more. Under Plan B the maximum debt that met the TIE constraint would be employed. Assuming that sales, operating costs, assets, the interest rate, and the tax rate would all remain constant, by how much would the ROE change in response to the change in the capital structure?
a. 3.83%
b. 4.02%
c. 4.22%
d. 4.43%
e. 4.65%
what are the roles played by households,voluntary nonprofit organization,businesses,and government?
5. Quigley Inc. is considering two financial plans for the coming year. Management expects sales to be $301,770, operating costs to be $266,545, assets to be $200,000, and its tax rate to be 35%. Under Plan A it would use 25% debt and 75% common equity. The interest rate on the debt would be 8.8%, but the TIE ratio would have to be kept at 4.00 or more. Under Plan B the maximum debt that met the TIE constraint would be employed. Assuming that sales, operating costs, assets, the interest rate, and the tax rate would all remain constant, by how much would the ROE change in response to the change in the capital structure?

a. 3.83%
b. 4.02%
c. 4.22%
d. 4.43%
e. 4.65%
Do you agree with Adam smith's view that society can rely more on the "invisible hand" than on
government to promote economic prosperity?
Give an example of how the principal-agent problem might prevent you from getting financing
for something you want to do.Can you think of a way of overcoming this problem?
suppose you invest in a real-estate development deal.The total investment is 100000 dollars.
You invest 20000 dollars of your own money and borrow the other 80000 dollars from the bank.
Who bears the risk of this venture and why?
Discuss the elements of Starbuck’s business strategy and how execution of the strategy lead to company growth and provided the organization a competitive advantage in the marketplace.
You have an obligation to pay $148 in four years and 2 months. In which bond would you invest your $100 to accumulate this amount, with relative certainty, even if the there is a parallel shift in the term structure of interest rates? All bonds pay interest annually and have a face value of $100.

a)a 6-year; 10% coupon par value bond
b)a 5-year; 10% coupon par value bond
c)none of the above
I want to know how to pay and if you can do a cooperate finance assignment for me
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