Questions from Corporate Finance

Q: Heritage, Inc., had a cost of goods sold of $68,314.

Heritage, Inc., had a cost of goods sold of $68,314. At the end of the year, the accounts payable balance was $15,486. How long on average did it take the company to pay off its suppliers during the y...

Q: The market value of the equity of Hudgins, Inc., is

The market value of the equity of Hudgins, Inc., is $645,000. The balance sheet shows $53,000 in cash and $215,000 in debt, while the income statement has EBIT of $91,000 and a total of $157,000 in de...

Q: SME Company has a debt-equity ratio of .57. Return on

SME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. What is the equity multiplier? Return on equity? Net income?

Q: Prepare the 2017 and 2018 common-size balance sheets for Just

Prepare the 2017 and 2018 common-size balance sheets for Just Dew It.

Q: Prepare the 2018 common-base year balance sheet for Just Dew

Prepare the 2018 common-base year balance sheet for Just Dew It.

Q: Prepare the 2018 combined common-size, common-base year balance sheet for

Prepare the 2018 combined common-size, common-base year balance sheet for Just Dew It.

Q: The most recent financial statements for Bello Co. are shown

The most recent financial statements for Bello Co. are shown here:

Q: For each account on this company’s balance sheet, show the

For each account on this company’s balance sheet, show the change in the account during 2018 and note whether this change was a source or use of cash. Do your numbers add up and make...

Q: Harrods PLC has a market value of £95 million and

Harrods PLC has a market value of £95 million and 4.5 million shares outstanding. Selfridge Department Store has a market value of £32 million and 1.8 million shares outstanding. Harrods is contemplat...

Q: Based on the balance sheets given for Just Dew It,

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: b. Quick ratio.c. Cash ratio.d. NWC to total assets ratioe. Debt-equity ratio and equity mult...