Q: Analyze and discuss the entire Philippine financial system, specifically the banking and non-banking...
A: Financial system is referred as the set of an institutions like - insurance companies, stock exchang...
Q: An investor buys a property for $683,000 with a 25-year mortgage and monthly payments at 7.3% APR. A...
A: Here we will first calculate the monthly payment for the loan taken Laon = $ 683000 Tenure =25 years...
Q: What is the after-tax cost of preferred stock that pays a $12 dividend and sells at $100 if the firm...
A: Annual dividend = $12 Price = $100 Tax rate = 21%
Q: Suppose you drive an average of 18,000 miles per year, and you need a new vehicle. You are looking a...
A:
Q: "If the nominal rate is 12% compounded semi-annually, the annual percentage rate is higher than the ...
A: The annual percentage rate is is nominal rate of interest I.e. 12%
Q: If P30,000.00 is deposited each year for 10 years, how much annuity can a person get annually from t...
A: Amount deposited each year for 10 years is P30,000 Cost of monry is 14% Total number of withdrawals ...
Q: Everything else equal, an industry with more leverage will have a: higher return on assets. higher r...
A: More leverage means more use of debt and less use of equity.
Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. ...
A: Invested amount or principal amount is P1,000 Effective Annual interest rate is 5% Principal is with...
Q: What is the expected return on a portfolio? How can the expected return on a portfolio be manipulate...
A: Portfolio return A portfolio consists of a number of assets or securities. Each one security has it...
Q: Calculate the simple interest due on a 72-day loan of P3,000 if the annual interest rate is 4%.
A: Loan amount (P) = P3000 Interest rate (r) = 4% Period (d) = 72 days
Q: Choose from the two machines which is more economical: Machine A P12,000 Machine B 14000 P2,000 Firs...
A: Equivalent uniform annual cost method is method in which equivalent annual cost is calculated which ...
Q: Explain three different features between Islamic and conventional bank?
A: A bank may be a sort of financial organization that's permitted to simply accept deposits and supply...
Q: 4. A company owes P 80,000, which includes the interest, to be paid one year from now. To provide fo...
A: At the end of a year (12 months), the total Future Value of the repayments is P =76063.59.The fund's...
Q: If you take corporate taxes and the cost of financial distress are into consideration, the market va...
A: The cost of conducting business that a company in financial crisis faces, such as a greater cost of ...
Q: MacElroy Trucks recently purchased a new rig costing S130,000. They financed this purchase at 12 per...
A: An annuity is a sequence of payments to be paid at equal intervals. An annuity is a type of long-ter...
Q: If a down payment of P600,000 is made on a house and P80,000 a year for the next 12 years is require...
A: Down payment (DP) = P600,000 Annual payment (P) = P80,000 Number of annual payments (n) = 12 Intere...
Q: r1=0.07, r2=0.065, r3=0.06, r4=0.05, r5=0.475, r6=0.04 Find current price P(t-0) with F=5000 with an...
A: We can find the annual Y rate by taking the average of all 6-year rates. We can apply the formula to...
Q: Katy invests $13,000 at 6% simple interest for 38 years. Round your answers to the nearest cent. How...
A: Here, Investment Amount (P) is $13,000 Simple Interest Rate (R) is 6% Time Period of Investment (T) ...
Q: Compute for the amount of an ordinary annuity of 12 annual payments of 35, 000 each if money is wort...
A: An annuity is a promise to pay or receive a fixed amount every year for a specified period. Deferred...
Q: What is the formula for the NET FIXED ASSET if it is not given in the financial statement?
A: The net value of a company's fixed assets is measured using net fixed assets. It's computed by addin...
Q: What is the interest rate on a loan of $52,000 for 54 days that yields $780.00 interest? Group of an...
A: Loan (L) = $52000 n = 54 days Let r = Interest rate
Q: Suppose you find stock A with positive alpha and stock B with an equal but negative alpha. Which of ...
A: Alpha measures the return of the security as compared to the market index. It is an important term u...
Q: Brandon purchased a car using a 5-year car lease at 5.80% compounded quarterly that required her to ...
A: To Find: Cost of the car
Q: Ql: you put $2500 in account bank , this bank gives interest 6.5% for the first 3 months of saving, ...
A: Since you have posted a multiple question so we will be solving the first question only. However, if...
Q: A $40,000 new car loan is taken out with the terms 12% APR for 48 months. How much are monthly payme...
A: New car loan = $40,000 APR = 12% Time period = 48 Months
Q: For each of the companies described here, would you expect it to have a low, medium, or high dividen...
A: A dividend is a distribution of a portion of a company's earnings to a group of shareholders designa...
Q: Refer to the graph below. It shows 2 indifference curves: for person A and for person B. Which perso...
A: In this question , The Indifference curve (IC) shows the various bundles of two goods that the consu...
Q: Assume the current price of copper is $1675 per tonne, the term structure of interest rate is flat a...
A: Arbitrage: If the cost of entering into a strategy is lower than the proceeds from the strategy, a r...
Q: why is knowledge of the money market important for carrying out value maximizing working capital sho...
A: The money market is important for the organizations and the government to keep a smooth cash flow op...
Q: Suppose B/C(MARR) = 5 for a single alternative. Is this investment economically justified? Justify y...
A: The Benefit-Cost Analysis, or B-C Analysis, is a method of assessing long-term or government project...
Q: The table below provides information about treasury bonds. Bond Bond Time to Annual Market Maturity ...
A: Here, Bond Number Bond Principal ($) Time to Maturity (Months) Annual Coupon (%) Market price ($)...
Q: Discuss how enterprise risk management has revolutionized e-commerce today
A: Enterprise risk management has revolutionized e-commerce today in various ways.
Q: Fenerbahce Soccer Club has $15 million debt outstanding due next year and currently has $8 million c...
A: Expected return is the amount of profit or loss that an investor can incur on his investment.
Q: John Doe currently has $12,000 and decides to make a 4-year investment, which is compounded semiannu...
A: Concept. Formula of future value F = P ( 1+ i)t Where , F = future value P = principal amount i = i...
Q: S00 $2,400 $2,200 $2,000 $1,00 $1.600 $1,400 $1,200 $1,000 Monthly Wage Rate
A: Equilibrium level is the level where the demand and supply is equal to each other. It is the balance...
Q: A 5-year project will require an investment of $100 million. This comprises of plant and machinery ...
A: Capital structure decisions refer to those decisions which are concerned with the sources of funds l...
Q: A 5-year project will require an investment of $100 million. This comprises of plant and machinery ...
A: Formula's Calculations: Therefore; WACC is 6.24%
Q: 8. A 1.25 acre lawn is to be sodded with 'Cavalier' zoysiagrass, which can be delivered at a cost of...
A: Solution:- Total cost to have sod delivered means how much amount is to be paid. Total amount = Law...
Q: A ShanmukhaRao Kosuri Pvt. Ltd. has a target capital structure of 65 percent debt and 35 percent equ...
A: Cost of capital = (Cost of debt x Debt percentage) + (Cost of equity x Equity percentage)
Q: ABC Corporation has the following capital structure and costs. Further assume that ABC ‘s income is ...
A: Weighted Average cost of capital (WACC): The WACC is the overall cost of capital from all the source...
Q: Short term financing includes which of the following: O Bank term loan. O Equity shares O Commercial...
A: Solution:- Short term financing means borrowing or lending of money for a short period of time, gene...
Q: What principal amount is equivalent to a withdrawal of 10,600 on the 2nd year, 4,000 on the 4th yea...
A: The present value of a cash stream: A series of finite, regular or irregular cash flows is known as ...
Q: percent annual interest, but makes its interest payments semiannually. What is the bond's yield to m...
A: Yield To Maturity: It refers to the expected rate for the bondholders if the bond is held till matu...
Q: he dividend per share was 27 last year while the current market price of the shares is 135. The grow...
A: The return required by a business for an investment or project, or by an individual for an equity in...
Q: The XYX company has a bond an 8-year bond with a 6% coupon paid semi-annually 2. The XYX company has...
A: The bond price is equal to sum of the present value of all the future cash flows over the tenure of ...
Q: A fast food restaurant feels they could increase their profits by introducing ice cream. The equipme...
A: Given: Year Particulars Amount 0 Initial investment -$250,000 1 Cash inflows $125,000 2 Cas...
Q: You borrow $5000 now and agree to pay this whole amount back in three pay Payment 1. SX in 3 months....
A: The more is compounding the more is the effective rate and less is compounding than less is the effe...
Q: lax S O both debtholders and equityholders. debtholders. equityholders. only the firm's customers.
A: In the capital structure of company there use of debt and equity and proper use of debt and equity w...
Q: BEYOND BANZAI PLUS VOCAB FILL IN THE BLANK Complete the paragraph using the terms below.
A: Please find the words to be filled in the blanks. It is related to the payroll department.
Q: October, November, and December, CVM Inc. expect to sell 50,000, 48,000, and 51,000 units respective...
A: Sales of October = 50,000 Sales of November = 48,000 Sales of December = 51,000 End of month invento...
SME |
2021 |
2020 |
Assets (in millions) |
||
Cash |
85.960 |
56.460 |
Receivables |
89.560 |
80.670 |
Inventories |
55.750 |
41.260 |
Other Current Assets |
9.950 |
6.760 |
Total Current Assets |
241.220 |
185.150 |
Net Property, Plant, and Equipment |
78.970 |
68.930 |
|
103.110 |
104.360 |
Other Non-Current Assets |
6.900 |
4.200 |
Total Assets |
430.200 |
362.640 |
|
||
Total Liabilities and Shareholders' Equity |
||
Payables |
83.240 |
57.48 |
Current Debt |
2.700 |
2.64 |
Total Current Liabilities |
85.940 |
60.120 |
Long-Term Debt |
122.000 |
119.62 |
Other Liabilities |
21.880 |
22.58 |
Total Liabilities |
229.820 |
202.320 |
Common Stock |
200.380 |
160.32 |
Total Equity |
200.38 |
160.32 |
Total Liabilities and Equity |
430.200 |
362.640 |
INCOME STATEMENT |
2021 |
Total Revenue (M) |
488.10 |
Cost of Revenue |
224.40 |
|
1.50 |
SG&A |
167.80 |
Other Operating Expenses |
5.60 |
Operating Income |
88.80 |
Net Interest Expenses |
2.30 |
Pretax Income |
86.50 |
Income Tax |
16.50 |
Net Income |
70.000 |
2021 MARKET |
DATA |
Market Price |
$193.42 |
Shares Outstanding (M) |
13.7 |
Tax Rate |
18.80% |
What is SME’s capital expenditure?
Step by step
Solved in 2 steps
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
- SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…SME Balance Sheet 2021 2020 Assets (in millions) Cash 85.960 56.460 Receivables 89.560 80.670 Inventories 55.750 41.260 Other Current Assets 9.950 6.760 Total Current Assets 241.220 185.150 Net Property, Plant, and Equipment 78.970 68.930 Goodwill and Other Intangible Assets 103.110 104.360 Other Non-Current Assets 6.900 4.200 Total Assets 430.200 362.640 Total Liabilities and Shareholders' Equity Payables 83.240 57.48 Current Debt 2.700 2.64 Total Current Liabilities 85.940 60.120 Long-Term Debt 122.000 119.62 Other Liabilities 21.880 22.58 Total Liabilities 229.820 202.320 Common Stock 200.380 160.32 Total Equity 200.38 160.32 Total Liabilities and Equity 430.200 362.640 INCOME STATEMENT 2021 Total Revenue (M) 488.10…
- LiabilitiesOMRAssetsOMRShare capital400,000Land and building280,000Net profit60,000Plant and machinery700,000General reserve80,000Stock400,000Debentures840,000Debtors200,000Creditors200,000Bills receivables20,000Bills payable100,000Cash80,000Total1,680,000Total1,680,000 1>calculate total current liabilites 2>calculate total Current assetsUnder what section of the Statement of Cash Flows would you report the purchase of an long-term intangible asset such as a patent for cash? O Investing O Bonds O Leases O Financing O Notes: Noncash activity O Operating ASUS f5 f6 f7 [X f9 f10 f11 %24 & 4 7. 8 R Y U G H. 5 F. 图PB10. LO 16.4 Use the following excerpts from Mountain Company's financial information to prepare a statement of cash flows (indirect method) for the year 2018. Dec. 31, 2018 Dec. 31, 2017 $ 93,000 Cash Account Receivable Merchandise Inventory Investments $100,000 19,000 29,000 132,000 90,000 18,000 31,500 120,000 90,000 Plant Assets Accumulated Depreciation Total Assets (37,000) 333,000 (23,000) 329,500 Accounts Payable Accrued Liabilities 12,100 2,400 81,000 237,500 333,000 13,400 1,900 63,000 251,200 Common Stock Retained Earnings Total Liabilities and Equity 329,500 Additional information: Net income (loss) for 2018 Depreciation expense for 2018 Investments purchased, for cash Common stock issued for cash, at par value Dividends declared and paid (5,700) 14,000 12,000 18,000 8,000
- PA9. LO 16.4 Use the following excerpts from Yardley Company's financial information to prepare a stateme of cash flows (indirect method) for the year 2018. Balance Sheets 2018 Income Statement Sales Cost of Goods Sold Operating Expenses, other than depreciation expense Depreciation Expense Gain on Sale of Plant Assets $ 455,000 (221,500) (58,600) (24,000) 23,500 174,400 Net Income Dec. 31, 2018 $321,450 39,750 33,000 17,550 3,500 Cash Accounts Receivable Inventory Accounts Payable Accrued Liabilities Dec. 31, 2017 $133,500 36,500 35,000 19,550 Cash Accounts Receivable Inventory Accounts Payable Accrued Liabilities 2,200 Additional information: Plant assets were sold for $40,000; book value $16,500 Dividends of $25,000 were declared and paidBalance Sheets Metropolitan Republic Assets Cash Accounts receivable (net) Short-term investments Inventory Prepaid expenses and other current assets Current assets 263.3 42.4 495.7 394.0 7.8 703.2 558.7 542.4 196.6 Property, plant, and equipment (net) Intangibles and other assets $ 1,498.0 2,686.2 283.3 $ 1,706.2 2,529.3 569.3 $ 4,467.5 $ 4,804.7 Total assets Liabilities and Shareholders' Equity Accounts payable 551.9 294.1 661.2 765.2 623.4 Short-term notes 608.5 Accruals and other current liabilities $ 1,997.1 $ 1,507.2 623.6 Current liabilities 623.3 Long-term debt Deferred tax liability Other long-term liabilities 452.6 684.7 193.0 178.1 Total liabilities $ 2,776.4 $3,483.2 418.0 Common stock (par and additional paid-in capital) Retained earnings Less: Treasury stock 212.9 2,546.9 (1,068.7) $ 4,467.5 1,680.9 (777.4) $ 4,804.7 Total liabilities and shareholders' equity Income Statements $ 5,772.0 (2,837.0) $ 2,935.0 (1,662.7) (68.8) $ 1,203.5 (311.7) 891.8 $ 7,839.2 (4,408.7) $…P10.5A Journalise a series of equipment transactions related to purchase, sale, retirement, and depreciation At December 31, 2021. Grand Regency Limited reported the following as Non-current tangible assets: 4,000,000 16,400,000 June 11 July 1 Dec. 31 Land Buildings Less: Accumulated depreciation - buildings Equipment Less: Accumulated depreciation - equipment Total plant assets During 2022, the following selected cash transactions occurred. April 1 Purchased land for R2,130,000. May 1 (b) (c) (d) 28,500,000 12,100,000 48,000,000 5,000,000 Required: (a) 43,000,000 £63,400,000 Sold equipment that cost R750,000 when purchased on January 1, 2018. The equipment was sold for R450,000. Sold land purchased on June 1, 2012 for R1,500,000. The land cost R400,000. Purchased equipment for R2,500,000. Retired equipment that cost R500,000 when purchased on December 31, 2012. No salvage value was received. Prepare general journal entries the above transactions. The company uses straight-line…