Chapter 1, Problem 21E

Below is the Statement of Financial Position for Rafah Islamic Bank: RAFAH ISLAMIC BANK STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2020 Assets RM Non current Asset 5,670,000 Long Term Investment 654,000,000 Financing (Net) 1,244,000,000 Corporate Bond Investment 919,094,000 Commercial Securities Investment 389,543,000 Deposits in other financial institutions 487,043,700 Other current assets…

The simplified balance sheet for the Dutch manufacturer Rensselaer Felt (figures in € thousands) is as follows:    Cash and marketable securities € 3,200   Short-term debt € 77,300   Accounts receivable   121,700   Accounts payable   63,700   Inventory   126,700   Current liabilities € 141,000   Current assets € 251,600           Property, plant, and equipment   213,700   Long-term debt   210,300   Deferred taxes   46,700           Other assets   87,300   Shareholders' equity   248,000   Total € 599,300   Total € 599,300     The debt has just been refinanced at an interest rate of 7.75% (short term) and 9.75% (long term). The expected rate of return on the company's shares is 16.75%. There are 7.63 million shares outstanding, and the shares are trading at €39. The tax rate is 25%.Calculate this company's weighed-average cost of capital. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Sunny firm has the following balance sheet statement items: total current liabilities of RM805,000; total assets of RM2,655,000; fixed and other assets of RM1,770,000; and long-term debt of RM200,000. What is the amount of the firm's total current assets?

Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 56, 000 solaris, debt in the amount of 14, 000 solaris, and equity of 42, 000 solaris. Assume the equity increases by 1, 700 solaris due to retained earnings. What will the balance sheet look like in arrakeen solaris? (Assets, total assets, debt, equity, total liabilities and equity) If the exchange rate at the end of the year is 1.52 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.)

please see the following financial information for Company A and B respectively.   Company A Company B Total Assets 250 million 300 million Debt (10%) 50 million 180 million Equity 200 million 120 million       Calculate ROE of Company A and Company B when ROA for both of them is12% and 6% respectively.

GIVE SHORT ANSWER The Statement of Financial Position and the Statement of Profit and Loss of ABC Bank include the following main items (thousand UAH): Of 31 December 2021 Customer accounts– 4500; Share capital – 1700; Other components of equity – 200; Due to NBU – 1200; Due to banks – 800; Mandatory reserves – 600; Due from banks – 1300; Loans to customers – 1000; Investment securities– 5000; Assets held for sale – 2000; Other fin. liabilities – 1500 For the year ended 2021 Interest expense – 800; Interest income – 2400; Fee and commission income – 1500; Fee and commission expense – 900; Foreign exchange transaction losses – 700; Foreign exchange transaction gains – 300; Administrative and other operate expenses – 260; Income tax – 100; The task: Set up a T-account balance sheet for the bank, with assets, liabilities and equity.   Which liabilities item is the largest and what is its share (in %) in the structure of (Liabilities + Equity)? Define and explain this type of Liabilities…

Following is the statement of financial position for Kowalski Company in Warsaw, Poland, as of December 31, 2019 (currency in Polish złaty [‘z-wo-tee’], zł): Non-current assets zł 242,000 Equity zł 107,000Current assets 105,000 Non-current liabilities 160,000________ Current liabilities 80,000Total assets zł 347,000 Total equity and liabilities zł 347,000 In addition, Kowalski reported net income for 2019 of zł 140,000, income taxexpense of zł 28,000, and interest expense of zł 9,000. Instructions: A. Compute the debt ratio for Kowalski for 2019. B. Compute the times interest earned for Kowalski for 2019. * Use ‘zl’ if you have difficulty in typing in ‘zł’.

The Statement of Financial Position and  the Statement of Profit and Loss of ABC Bank include the following main items (thousand UAH): Of 31 December 2021 Customer accounts– 4500; Share capital – 1700; Other components of equity – 200; Due to NBU – 1200; Due to banks – 800; Mandatory reserves – 600; Due from banks – 1300; Loans to customers –  1000; Investment securities– 5000; Assets held for sale –  2000; Other fin. liabilities – 1500 For the year ended 2021 Interest expense – 800; Interest income – 2400; Fee and commission income – 1500; Fee and commission expense – 900; Foreign exchange transaction losses – 700; Foreign exchange transaction gains – 300; Administrative and other operating expenses – 260; Income tax – 100; The task:   Set up a T-account balance sheet for the bank, with assets, liabilities and equity.  Which liabilities item is the largest and what is its share (in %) in the structure of (Liabilities + Equity)? Define and explain this type of Liabilities Calculate…

Lei​ Materials' balance sheet lists total assets of $1.05 ​billion, $127 million in current​ liabilities, $435 million in​ long-term debt, $488 million in common​ equity, and 54 million shares of common stock. If​ Lei's current stock price is $51.38​, what is the​ firm's market-to-book​ ratio?