What is Orange Corporation's sustainable growth rate? Use Exhibit II. Orange Corporation Income Statement ($ in millions) Sales Costs Taxable Income Taxes Net Income Ret. Earnings Dividends Exhibit II (Use for Problems 4.22, 4.23, Year 1 275 220 55 19 36 30 6
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- Ab 14 Economics You know the following about a corporation: return on equity = 18% total asset turnover ratio = 2 profit margin = 6% dividend payout ratio = 50% What is the corporation's equity multiplier? What is the corporation's return on assets?Question 31 Decker Enterprises Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating assets. All of Decker's current liabilities are operating liabilities. Income statement Current Projected Sales na 1,500 Costs na 1,080 Profit before tax na 420 Taxes (25%) na 105 Net income na 315 Dividends na 95 Balance sheets Current Projected Current Projected Current assets 100 115 Current liabilities 70 81 Net fixed assets 1,200 1,440 Long-term debt 300 360 Common stock 500 500 Retained earnings 430 650 If Decker had a financing deficit, it could…30 Statements:I. An internal rate of return that is greater than the cost of capital ensures that the company earns above its required return.II. This (I) results to greater value of the company and therefore the wealth of its owners. Group of answer choices Statement II is true. Both statements are true Both statements are false Statement I is true
- 12. [EXCEL] Capital intensity ratio: Tantrix Confectioners has total assets of $3,257,845 and net sales of $5,123,951. What is the firm's capital intensity ratio? please use excel.H3. Company: Xylem lnc Financial Analysis of Xyl In this section discuss anything pertinent to the financial statements. For example if you had to do something special to estimate future growth, you would discuss that here. Similarly, here is where to talk about DCF and what you had to do to get cash flows, or something unique about the earnings or dividend stream. This is also where to discuss ratio analysis pertinent to each of the financial statements.Finance multiple choice question. 9. Which of the following is the primary goal of financial management for all for-profit companies? Maximize value of owners' equity. Maximize net cash flows. Maximize profitability. Minimize risk. Maximize market share.
- using the table find the folloing for the four firms: Enterprise value to EBITDA Ratio Price-Earnings multiole PEG raio Cpmpany Market Value (OMR million) Net Income (OMR million) Earnings Growth Market Value of Equity (OMR million) Market Value of Debt (OMR million) Cash (OMR million) EBITDA (OMR million) Happy 117.95 22.5 4% 53.07 64.87 41.25 43.85 Smart 112.35 20.25 4.5% 59.53 52. 79 45 44.88 Kind 116.26 21 4.65% 69.76 46.5 63.95 28.20 Cheerful 120 24 5% 42 78 62.4 44.3210. [EXCEL] Percent of sales: Given the data for Cattail Corporation in Problem 9, if you assume that all balance sheet items also vary with the change in sales, develop a pro forma balance sheet for Cattail for the next fiscal year. Assuming that the firm did not sell or repurchase stock, what is the cash dividend implied by the pro forma income statement and balance sheet? Please use excel. 9. [EXCEL] Percent of sales: Cattail Corporation's financial statements for the fiscal year just ended are shown below: Income Statement Balance Sheet Net sales $1,500 Assets $700 Debt $600 Costs $350 _____ Equity $100 Net income $1,150 Total $700 Total $700 Cattail management expects sales to increase by 14 percent next year. Assume that the financial statement accounts vary directly with changes in sales and that management has no financing plan at this time. Given this information, develop a pro forma income…Question 21 As the assistant to the CFO of Johnstone Inc., you must estimate its cost of common equity. You have been provided with the following data: D 0 = $0.80; P 0 = $22.50; and g L = 8.00% (constant). Based on the dividend growth model, what is the cost of common from reinvested earnings? a. 11.25% b. 10.69% c. 11.84% d. 12.43% e. 13.05% Muscarella Inc. has the following balance sheet and income statement data: Cash $ 14,000 Accounts payable $ 42,000 Receivables 70,000 Other current liabilities 28,000 Inventories 210,000 Total CL $ 70,000 Total CA $294,000 Long-term debt 70,000 Net fixed assets 126,000 Common equity 280,000 Total assets $420,000 Total liab. and equity $420,000 Sales $280,000 Net income $ 21,000 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,…
- 10. [EXCEL] Percent of sales: Given the data for Cattail Corporation in Problem 9, if you assume that all balance sheet items also vary with the change in sales, develop a pro forma balance sheet for Cattail for the next fiscal year. Assuming that the firm did not sell or repurchase stock, what is the cash dividend implied by the pro forma income statement and balance sheet? Problem 9: [EXCEL] Percent of sales: Cattail Corporation's financial statements for the fiscal year just ended are shown below: Cattail Corporation Financial Statements for the Fiscal Year Just Ended Income Statement Balance Sheet Net Sales $ 1,500,000 Assets $ 700,000 Debt $ 600,000 Costs 350,000 Equity 100,000 Net Income $ 1,150,000 Total $ 700,000 Total $ 700,000 Cattail management expects sales to increase by 14 percent next year. Assume that the financial statement accounts vary directly with changes in…Question Please provide the solutions and the correct answers. thank you! 2. The Delta Company projects the following for the upcoming year: Earnings before interest and taxes = P40 millionInterest expense = P 5 millionPreferred stock dividends = P 4 millionCommon stock dividend payout ratio = 20%Average number of common shares outstanding = 2 millionEffective corporate income tax rate = 40% The expected dividend per share of common stock isa. P1.70b. P1.86c. P2.10d. P1.00 3. Following are selected data taken from the records of Jemson Company:Income before tax = P200,000Income tax rate = 40%Dividend payout ratio = 0.80Number of common shares outstanding = 10,000 shares How much dividends per share did the company pay during the year?a. P9.60b. P6.40c. P16d. P15Question:1) You are expected and required to comment/analyze specifically the following aspects on These three Companies Artistic Denim Mills Ltd, Faisal Spinning Millis Ltd. And the Feroze 1888 Mills Ltd.i) Chosen companies leverage.ii) Debt management.iii) DuPont variants i.e., profitability, asset efficiency, and leverage.4) Also draw strength from market intelligence, if, you have or are able to obtain about the chosen companies(s) and is worth explanation. Such information typically may include major expansion project initiated during the last two years