considering expending into Eastern Canada. The expansion is estimated to cost $10,000,000 for a new production facility. This project is in the same line of business as the firm's current operations and is therefore not expected to alter the risk of the firm. The most recent balance sheet is provided below. Leland Industries Ralance Sheet
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- National Cruise is considering purchasing a new ship that will cost $600,000,000. The president of the company asked the CFO to analyze cash flows associated with operating the ship under two alternative itineraries: Itinerary 1, Caribbean Winter/ Alaska and Itinerary 2, Caribbean/ Eastern Canada. The CFO estimatedt he following cash flows, which are expected to apply to each of the next 15 years: Caribbean/ Alaska Caribbean/ E. Canada Net revenue $120,000,000 $105,000,000 Less: Direct program expenses ($25,000,000) ($24,000,000) Indirect program expenses ($20,000,000) ($20,000,000) Non- operating expenses ($21,000,000) ($21,000,000) Add back depreciation $115,000,000 $155,000,000 Cash flow per year $169,000,000…Referring to the following data of the Omani Company, answer A and B: - (Note; Write all related Equations regarding the questions) 1. The company manager targets to increase the current ratio in the year (2021) by 30% out of the previous year (2020), this requiring to increase the amount of the total current asset. To what level can the manager increase the total current asset to achieve this target (30%) at (2021)? (Suppose the other things are fixed) 2. The manager put a plan to increase the Time interest Earns (TIE) in the (2021) by (17%) out of the previous year (2020) to increase sales. How much will this plan to add amount to the accounts receivable (Suppose the other things are fixed) Data of 2020 Total Asset Turnover 2.5 Times Net Fixed Asset 600 (Thousand OMR) Total Liabilities 500 (Thousand OMR) Sales 2000 (Thousand OMR) Quick Ratio 1.5 Times Accounts Receivable 150 (Thousand OMR) Long-term Liabilities 200 (Thousand…National Cruise is considering purchasing a new ship that will cost $600,000,000. The president of the company asked the CFO to analyze cash flows associated with operating the ship under two alternative itineraries: Itinerary 1, Caribbean Winter/ Alaska and Itinerary 2, Caribbean/ Eastern Canada. The CFO estimatedt he following cash flows, which are expected to apply to each of the next 15 years: Caribbean/ Alaska Caribbean/ E. Canada Net revenue $120,000,000 $105,000,000 Less: Direct program expenses ($25,000,000) ($24,000,000) Indirect program expenses ($20,000,000) ($20,000,000) Non- operating expenses ($21,000,000) ($21,000,000) Add back depreciation $115,000,000 $155,000,000 Cash flow per year $169,000,000…
- Referring to the following data of the Omani Company, answer A and B: (Note; Write all related Equations regarding the questions) The company manager targets to increase the current ratio in the year (2021) by 30% out of the previous year (2020), this requiring to increase the amount of the total current asset. To what level can the manager increase the total current asset to achieve this target (30%) at (2021)? The manager put a plan to increase the Time interest Earns (TIE) in the (2021) by (17%) out of the previous year (2020) to increase sales. How much will this plan to add amount to the accounts receivable (Suppose the other things are fixe) Data of 2020 Total Asset Turnover 2.5 Times Net Fixed Asset 600 (OMR) Total Liabilities 500 (OMR) Sales 2000 (OMR) Quick Ratio 1.5 Times Accounts Receivable 150 (OMR) Long-term Liabilities 200 (Thousand OMR)Excelsior Corporation has the following headings on its December 31, 2019 Balance Sheet: Total Current Assets $200,000 Total Assets $500,000 Total Current Liabilities $91,500 Total Non Current Liabilities $300,000 On January 2020 Excelsior pays off $36,900 in long term debt by transferring title to one of its idle factories to the creditor Required 1: Assume no other transaction in 2020. How much will working capital increase/decrease by when comparing December 2019 with January 2020? $ Required 2: The current ratio of 2019 is: Required 3: Excelsior's financial leverage in 2019 is (calculate it as a debt to equity ratio): Required 4: Excelsior's financial leverage in 2019 is (calculate the Equity Ratio and not the Equity Ratio percentage): Required 5: If sales for 2019 amount to $570,000, the working capital turnover for 2019 is:National Corporation had net current assets of P2,500,000 at the end of 2022 and P1,800,000 at the end of 2021. In addition, National Co. had net spontaneous current liabilities of P1,500,000 in 2022 and P1,300,000 in 2021. Using this information, National Co.'s net current asset investment for 2022 was
- Music Corporation had current assets of P2,000,000 at the end of 2020 and P1,800,000 at the end of 2019. In addition, Music had current liabilities of P1,000,000 in 2020 and P1,500,000 in 2019. Using this information, Music’s net current asset investment for 2020 was P700,000 P(300,000) P300,000 P(700,000)1. ZZZZZZ had net current assets of P2,000,000 at the end of 2022 and P1,800,000 at the end of 2021. In addition, ZZZZZZ had net spontaneous current liabilities of P1,000,000 in 2022 and P1,500,000 in 2021. Using this information, ZZZZZZ net current asset investment for 2022 was 2. At the beginning of the year, KKKKK had P100,000 in cash. The company undertook a major expansion during this same year. Looking at its statement of cash flows, you see that the net cash provided by its operations was P300,000 and the company’s investing activities required cash expenditures of P800,000. The company’s cash position at the end of the year was P50,000. What was the net cash provided by the company’s financing activities? 3. An analyst has collected the following information regarding YYYYY: Earnings before interest and taxes (EBIT) = P700 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) = P850 million. Interest expense = P200 million. The corporate tax…Five Star is considering leasing a building and buying the necessary equipment to operate a public warehouse. Alternatively, the company could use the funds to invest in $149,600 of 5% U.S. Treasury bonds that mature in 16 years. The bonds could be purchased at face value. The following data have been assembled: Cost of equipment Life of equipment Estimated residual value of equipment Yearly costs to operate the warehouse, excluding depreciation of equipment Yearly expected revenues-years 1-8 Yearly expected revenues-years 9-16 Required: Differential revenue from alternatives: Revenue from operating warehouse Revenue from investment in bonds Differential revenue from operating warehouse 1. Prepare a differential analysis report of the proposed operation of the warehouse for the 16 years as compared with present conditions. Five Star Proposal to Operate Warehouse. Differential cost of alternatives: Costs to operate warehouse ✓ $149,600 16 years $27,500 Cost of equipment less residual…
- The management of ProdPharm.inc has decided to increase the production capacity of its factory by purchasing a new production line. This new acquisition will be financed by bank debt. The company consulted several banks to have the interest rate applied for this type of investment. Bank (A) charges an annual nominal rate of 12%. Bank (B) applies a semi-annually capitalized nominal rate of 11.8%. Bank (C) applies a quarterly capitalized nominal rate of 11.6%. Bank (D) applies a monthly compounded nominal rate of 11.5%. What is the rate monthly headcount best for the business? Show all your interest rate equivalence calculations. Keep 6 digits after the decimal point.There are two companies in the market. Company A in 2022 has generated a revenue of $74,452,000 with a cost $74,132,000. Company B in 2022 has generated a revenue of $12,148,000 with a cost $11,988,000. According to their financial reports, the value of the assets owned by the company A is $40,000,000, including $20,000,000 liabilities. The value of the assets owned by the company B is $30,000,000, including $20,000,000 liabilities. 1) Calculate ROA, ROE, profit margin and asset turnover for company A. 2) Calculate ROA and ROE for company B and decide which company has a better financial performance.Ben Ltd wishes to expand its manufacturing plant by purchasing a new state of art equipment. The company recently paid shs.20,000,000 for a market survey in respect of the new venture. You have been provided with the following information relating to the project. (i) For purposes of undertaking this venture, the company has obtained a loan from CEB Bank for shs.280,000,000 at an annual interest rate of 15% p.a. The equipment will be purchased from Brussels at a cost of shs.400,000,000. (ii) An additional shs.50,000,000 will be required to transport the equipment to Masaka and the cost of installing the equipment is shs.10,000,000. (iii)The firm will benefit from an investment incentive offered by the government of 8% of the invoice value of the equipment. (iv) The machines will be installed in a warehouse that had been generating rent of shs.15,000,000 per year. Due to operating efficiency of the machines, fewer staff will be required. This will reduce the wage bill from shs.70,000,000…