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.Q1.The level of detail in a model should not depend on the application. For example, for regular work you may
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- Question 3 Assume you are given the following information regarding the expected returns for an asset, for different states of the economy. Show work for all parts requiring computation. state. probability expected return Recession 0.1 -0.04 normal 0.5 0.07 expansion 0.4 0.12 What is the expected return for the asset? What is the standard deviation of returns for the asset?Which of the following statements is true? a. The fixed asset turnover ratio assists managers in determining the estimated future capital expenditures that are needed. b. The average age of the fixed assets is computed by dividing accumulated depreciation by depreciation expense. c. If net sales increases, the fixed asset turnover ratio will decrease. d. A relatively low fixed asset turnover ratio signals that a company is efficiently using its assets.Which of the following does nor assign a value to a business opportunity using time-value measurement tools? A. internal rate of return (IRR) method B. net present value (NPV) C. discounted cash flow model D. payback period method
- QB: .Determine the covariance between assets R and S with the following data: State Prob Return J Return S Boom 0.1 16 22 Recession 0.2 -7 -4 Normal 0.4 12 11 Recovery 0.1 11 16 Slow Growth 0.2 14 20 Is it advisable to diversify?The higher the anticipated return on net operating assets (RNOA) relative to the anticipated growth in net operating assets, the higher will be the unlevered price-to-book ratio. Is this correct? Kindly answer the question with introduction and conclusion based on the concept of the question. Explain the answer properly considering the accounting aspect of it.1. Which machine should be selected using the Payback period method? 2. Which machine should be selected using the Accounting rate of return based on the net investment method? 3. Which machine should be selected using the Internal rate of return method? 4.Which machine should be selected using the Net present value, (cost of capital = 10%) method? 5.Which machine should be selected using the Net present value, (cost of capital = 12%) method?
- 1. All projects with positive NPVs should be accepted and those with negative NPVs should be rejected. Comment2. Economic value of a company's assets corresponds to present value of asset cash flows and present value of terminal value. Comment3. When valuing companies it is necessary at valuation date to take as disbursement investment in Net Operating Working Capital (known as NOWC). Latter is estimated as product between annual sales of current period and CTON ratio (known as NOWCR). Comment.Which one of the following is an indicator that an investment is acceptable? Check all that apply: Profitability index equal 1.5 Profitability index greater than 0 the required return less than internal rate of return IRR equal to zero Payback period exceeds the required period Profitability index equal 1S1: When developing forecasted financial statements there are some inputs that management controls such as the growth rate and operating costs/sales ratio, while other inputs such as the tax rate and interest rate are not under its control. S2: A rapid build-up of inventories normally requires additional financing, unless the increase is matched by an equally large decrease in some other asset. a. Both statements are true. b. Only statement 1 is true. c. Only statement 2 is true. d. Both statements are false.
- Which of the following does not assign a value to a business opportunity using time-value measurement tools? Group of answer choices A. internal rate of return (IRR) method B. net present value (NPV) C. discounted cash flow model D. payback period methodRequirement 1. If SnowDreams cannot reduce its costs, what profit will it earn? State your answer in dollars and as a percent of assets. Will investors be happy with the profit level? Complete the following table to calculate SnowDreams' projected income. Revenue at market price Less: Total costs Operating incomeWhich of the following scenarios can increase the return on assets? a. Increase the current and quick ratio b. Increase the profit margin, other things equal c. Other things equal, increase the amount of assets used d. Other thing equal, decrease the turnover of assets
