Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 178,726.00 Depreciation expense 21,600 22,470.00 Interest expense 16,200 16,073.00 Inventories 111,600 115,200 Long-term debt 135,000 139,913.00 Net fixed assets 376,908.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. 50,400 68,985.00 depr.) Retained earnings 122,400 136,800 Sales 255,600 337,586.00 Taxes 9,900 18,584.00 What is the firm's current year net profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 178,726.00 Depreciation expense 21,600 22,470.00 Interest expense 16,200 16,073.00 Inventories 111,600 115,200 Long-term debt 135,000 139,913.00 Net fixed assets 376,908.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. 50,400 68,985.00 depr.) Retained earnings 122,400 136,800 Sales 255,600 337,586.00 Taxes 9,900 18,584.00 What is the firm's current year net profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Q 04: Required: Calculate the value of Firm and WACC for the following capital structures EBIT of Firm. 250,000 Ke = 11% Kd = 7% Debt capital Rs. 500,000 Debt = Rs. 700,000 Debt =Rs. 200,000 Particulars Case 1 Case 2 Case 3 EBIT 250,000 250,000 250,000 (-) Interest 30,000 42,000 12,000 EBT 220,000 208,000 238,000 Ke 10% 10% 10% Value of Equity 22,00,000 208,0000 2380,000 (EBT / Ke) Value of Debt 500,000 700,000 200,000 Total Value of Firm 2,700,000 2,780,000 2,580,000 WACC (EBIT / Value) * 100
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