Suche senden
Hochladen
Copia de pmf problem solver
•
Als XLS, PDF herunterladen
•
1 gefällt mir
•
197 views
J
Jacovocho
Folgen
Bildung
Melden
Teilen
Melden
Teilen
1 von 30
Jetzt herunterladen
Empfohlen
Copia de pmf problem solver
Copia de pmf problem solver
henry1956
first american bank- credit default swaps
first american bank- credit default swaps
Satender Kumar
Case write up_sample_2
Case write up_sample_2
Puneet Jaggi
Bonds and their valuation
Bonds and their valuation
Shamal Firake
A New Arrow for The Pension Practitioners Quiver: Pension Risk Transfer
A New Arrow for The Pension Practitioners Quiver: Pension Risk Transfer
Jay Dinunzio
Bond Valuation
Bond Valuation
Akram Hossain
Bond valuation
Bond valuation
Siddhartha Samadarshi
Ru fm chapter07 updated plus
Ru fm chapter07 updated plus
Noo_Tahl
Empfohlen
Copia de pmf problem solver
Copia de pmf problem solver
henry1956
first american bank- credit default swaps
first american bank- credit default swaps
Satender Kumar
Case write up_sample_2
Case write up_sample_2
Puneet Jaggi
Bonds and their valuation
Bonds and their valuation
Shamal Firake
A New Arrow for The Pension Practitioners Quiver: Pension Risk Transfer
A New Arrow for The Pension Practitioners Quiver: Pension Risk Transfer
Jay Dinunzio
Bond Valuation
Bond Valuation
Akram Hossain
Bond valuation
Bond valuation
Siddhartha Samadarshi
Ru fm chapter07 updated plus
Ru fm chapter07 updated plus
Noo_Tahl
Burke bonds ifm smc
Burke bonds ifm smc
John Ja Burke
Residential Southern California Joint Venture
Residential Southern California Joint Venture
Sam Ally
Timbercreek 2008 Annual Report
Timbercreek 2008 Annual Report
TMX Equicom
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
Jay Dinunzio
Central Pricing Solution for TruPS CDOs
Central Pricing Solution for TruPS CDOs
Guillaume Fillebeen
Deciphering the 2007/8 Liquidity and Credit Crunch
Deciphering the 2007/8 Liquidity and Credit Crunch
dr.interest
Bond valuation and risk
Bond valuation and risk
recherchefinance
X430 611-intro summary-infosession
X430 611-intro summary-infosession
BMLP
Bond Valuation
Bond Valuation
Shiva Pillai
BONDS, BOND VALUATION, AND INTEREST RATES
BONDS, BOND VALUATION, AND INTEREST RATES
Salah A. Skaik - MBA-PMP®
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
Dropbox
May newsletter
May newsletter
Greg Younger
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
Dropbox
Bond markets
Bond markets
Hasnain Baber
Bond Valuation
Bond Valuation
Shiva Pillai
Risk and return bond return...3
Risk and return bond return...3
niteshsabharwal123450
Edson martínez fitz
Edson martínez fitz
adruromo
Why Hire Guy
Why Hire Guy
gpeters32
Scholarship presentations
Scholarship presentations
michellemachen
Fion's house of all
Fion's house of all
TREVO, LLC
Experience - Case Studies
Experience - Case Studies
gpeters32
Prioritizing and Organizing Care
Prioritizing and Organizing Care
Cocheta7
Weitere ähnliche Inhalte
Was ist angesagt?
Burke bonds ifm smc
Burke bonds ifm smc
John Ja Burke
Residential Southern California Joint Venture
Residential Southern California Joint Venture
Sam Ally
Timbercreek 2008 Annual Report
Timbercreek 2008 Annual Report
TMX Equicom
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
Jay Dinunzio
Central Pricing Solution for TruPS CDOs
Central Pricing Solution for TruPS CDOs
Guillaume Fillebeen
Deciphering the 2007/8 Liquidity and Credit Crunch
Deciphering the 2007/8 Liquidity and Credit Crunch
dr.interest
Bond valuation and risk
Bond valuation and risk
recherchefinance
X430 611-intro summary-infosession
X430 611-intro summary-infosession
BMLP
Bond Valuation
Bond Valuation
Shiva Pillai
BONDS, BOND VALUATION, AND INTEREST RATES
BONDS, BOND VALUATION, AND INTEREST RATES
Salah A. Skaik - MBA-PMP®
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
Dropbox
May newsletter
May newsletter
Greg Younger
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
Dropbox
Bond markets
Bond markets
Hasnain Baber
Bond Valuation
Bond Valuation
Shiva Pillai
Risk and return bond return...3
Risk and return bond return...3
niteshsabharwal123450
Was ist angesagt?
(16)
Burke bonds ifm smc
Burke bonds ifm smc
Residential Southern California Joint Venture
Residential Southern California Joint Venture
Timbercreek 2008 Annual Report
Timbercreek 2008 Annual Report
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
WEBINAR SLIDES: The next big thing in the pension market...liability settlements
Central Pricing Solution for TruPS CDOs
Central Pricing Solution for TruPS CDOs
Deciphering the 2007/8 Liquidity and Credit Crunch
Deciphering the 2007/8 Liquidity and Credit Crunch
Bond valuation and risk
Bond valuation and risk
X430 611-intro summary-infosession
X430 611-intro summary-infosession
Bond Valuation
Bond Valuation
BONDS, BOND VALUATION, AND INTEREST RATES
BONDS, BOND VALUATION, AND INTEREST RATES
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
May newsletter
May newsletter
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
eFolder Lunch, Three Secrets to Pricing and Packaging Your BDR Service
Bond markets
Bond markets
Bond Valuation
Bond Valuation
Risk and return bond return...3
Risk and return bond return...3
Andere mochten auch
Edson martínez fitz
Edson martínez fitz
adruromo
Why Hire Guy
Why Hire Guy
gpeters32
Scholarship presentations
Scholarship presentations
michellemachen
Fion's house of all
Fion's house of all
TREVO, LLC
Experience - Case Studies
Experience - Case Studies
gpeters32
Prioritizing and Organizing Care
Prioritizing and Organizing Care
Cocheta7
Noncarrying of pregnancy
Noncarrying of pregnancy
Ruslan Migorianu
Hemorhages during pregnancy
Hemorhages during pregnancy
Ruslan Migorianu
Trevo presentation 2015
Trevo presentation 2015
TREVO, LLC
Menstrual dysfunction
Menstrual dysfunction
Ruslan Migorianu
Операции на голове
Операции на голове
Ruslan Migorianu
Операции на шее
Операции на шее
Ruslan Migorianu
Трансплантология и кожная пластика
Трансплантология и кожная пластика
Ruslan Migorianu
право пацієнта на конфіденційність інформації про його здоров’я.
право пацієнта на конфіденційність інформації про його здоров’я.
Ruslan Migorianu
Objetivos
Objetivos
lhemceschool
Tipologtext (2)
Tipologtext (2)
lateranyina
Andere mochten auch
(16)
Edson martínez fitz
Edson martínez fitz
Why Hire Guy
Why Hire Guy
Scholarship presentations
Scholarship presentations
Fion's house of all
Fion's house of all
Experience - Case Studies
Experience - Case Studies
Prioritizing and Organizing Care
Prioritizing and Organizing Care
Noncarrying of pregnancy
Noncarrying of pregnancy
Hemorhages during pregnancy
Hemorhages during pregnancy
Trevo presentation 2015
Trevo presentation 2015
Menstrual dysfunction
Menstrual dysfunction
Операции на голове
Операции на голове
Операции на шее
Операции на шее
Трансплантология и кожная пластика
Трансплантология и кожная пластика
право пацієнта на конфіденційність інформації про його здоров’я.
право пацієнта на конфіденційність інформації про його здоров’я.
Objetivos
Objetivos
Tipologtext (2)
Tipologtext (2)
Ähnlich wie Copia de pmf problem solver
Copia de pmf problem solver
Copia de pmf problem solver
jmtorresx1
Copia de pmf problem solver
Copia de pmf problem solver
adruromo
Continuity planning
Continuity planning
Matt Schofield
Leverage, Hedge Funds, And Risk
Leverage, Hedge Funds, And Risk
lennon99
Chap017 capital structure
Chap017 capital structure
Fatfat Shiying
Beasley ch9 v2
Beasley ch9 v2
daveferal
A Guide to capital budgeting and need for valuation
A Guide to capital budgeting and need for valuation
Arpit Amar
Basics of accounts
Basics of accounts
Firoz Anjum
Chapter 3 slide.ppt(1)
Chapter 3 slide.ppt(1)
bhaskarsingh95
Introduction to corporate finance
Introduction to corporate finance
Online
Sahil Eco
Sahil Eco
ssehgal_87
6. bond valuation
6. bond valuation
AfiqEfendy Zaen
Euroland presentation
Euroland presentation
kthosani
Bonds, Credit & Regulation 28
Bonds, Credit & Regulation 28
Futuregrowth Asset Management
InKnowVision October 2012 HNW Technical Webinar w/ Guest Presenter Bob Scarlata
InKnowVision October 2012 HNW Technical Webinar w/ Guest Presenter Bob Scarlata
InKnowVision
Financial Management Lecture 9 NUML Capital Structure
Financial Management Lecture 9 NUML Capital Structure
pal83111
Lect512cs (1)
Lect512cs (1)
ashish pudasaini
Fulton Financial Advisors
Fulton Financial Advisors
Donald Marano
Em corp-debt-overview
Em corp-debt-overview
alanreid
Topic a (ch 1, week1)
Topic a (ch 1, week1)
Christiana17
Ähnlich wie Copia de pmf problem solver
(20)
Copia de pmf problem solver
Copia de pmf problem solver
Copia de pmf problem solver
Copia de pmf problem solver
Continuity planning
Continuity planning
Leverage, Hedge Funds, And Risk
Leverage, Hedge Funds, And Risk
Chap017 capital structure
Chap017 capital structure
Beasley ch9 v2
Beasley ch9 v2
A Guide to capital budgeting and need for valuation
A Guide to capital budgeting and need for valuation
Basics of accounts
Basics of accounts
Chapter 3 slide.ppt(1)
Chapter 3 slide.ppt(1)
Introduction to corporate finance
Introduction to corporate finance
Sahil Eco
Sahil Eco
6. bond valuation
6. bond valuation
Euroland presentation
Euroland presentation
Bonds, Credit & Regulation 28
Bonds, Credit & Regulation 28
InKnowVision October 2012 HNW Technical Webinar w/ Guest Presenter Bob Scarlata
InKnowVision October 2012 HNW Technical Webinar w/ Guest Presenter Bob Scarlata
Financial Management Lecture 9 NUML Capital Structure
Financial Management Lecture 9 NUML Capital Structure
Lect512cs (1)
Lect512cs (1)
Fulton Financial Advisors
Fulton Financial Advisors
Em corp-debt-overview
Em corp-debt-overview
Topic a (ch 1, week1)
Topic a (ch 1, week1)
Kürzlich hochgeladen
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
heathfieldcps1
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
fonyou31
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
Thiyagu K
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
chloefrazer622
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
National Information Standards Organization (NISO)
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
FatimaKhan178732
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
National Information Standards Organization (NISO)
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
TechSoup
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Pooja Nehwal
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
GeoBlogs
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
Shobhayan Kirtania
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
Sayali Powar
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
dawncurless
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
GaneshChakor2
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
QucHHunhnh
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
misteraugie
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
Steve Thomason
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
chloefrazer622
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
EduSkills OECD
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
SafetyChain Software
Kürzlich hochgeladen
(20)
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Ecosystem Interactions Class Discussion Presentation in Blue Green Lined Styl...
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
Disha NEET Physics Guide for classes 11 and 12.pdf
Disha NEET Physics Guide for classes 11 and 12.pdf
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Mattingly "AI & Prompt Design: The Basics of Prompt Design"
Separation of Lanthanides/ Lanthanides and Actinides
Separation of Lanthanides/ Lanthanides and Actinides
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Mattingly "AI & Prompt Design: Structured Data, Assistants, & RAG"
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
The byproduct of sericulture in different industries.pptx
The byproduct of sericulture in different industries.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Mastering the Unannounced Regulatory Inspection
Mastering the Unannounced Regulatory Inspection
Copia de pmf problem solver
1.
PRINCIPLES OF MANAGERIAL
FINANCE BRIEF EDITION PMF PROBLEM SOLVER Index By Category Bond and Stock Valuation Cost of Capital Basic Bond Valuation After Tax Cost of Debt Book Value Cost of Common Stock Liquidation Value Cost of Preferred Stock P/E Multiplier Weighted Avg. Cost of Capital Constant Growth Weighted Mrg Cost of Capital Financial Statements Capital Budgeting All Ratios Net Present Value Liquidity Internal Rate of Return Activity Payback Period Debt Annualized Net Present Value Profitability Initial Investment Time Value of Money General Budgeting PV - Single Amount Cash Budget PV - Mixed Stream PV - Annuity FV - Single Amount FV - Annuity Deposits to a Sum Printed: 01/20/2011 © 2003 by Addison Wesley Longman
2.
Alphabetical Index
Activity Initial Investment After Tax Cost of Debt Internal Rate of Return All Ratios Liquidation Value Annualized Net Present Value Liquidity Basic Bond Valuation Net Present Value Book Value P/E Multiplier Cash Budget Payback Period Constant Growth Profitability Cost of Common Stock PV - Annuity Cost of Preferred Stock PV - Mixed Stream Debt PV - Single Amount Deposits to a Sum Weighted Avg. Cost of Capital FV - Annuity Weighted Mrg Cost of Capital FV - Single Amount © 2003 by Addison Wesley Longman. Copyright © 2003 KMT Software, Inc. All Rights Reserved. Printed: 01/20/2011 © 2003 by Addison Wesley Longman
3.
Basic Bond Valuation
Par Value of the Bond $1,000 Years to Maturity 10 Required Rate of Return 12.000% Coupon Rate of Bond 10.000% Payment of interest: Annual Semi-annual Value of the bond is: $887.00 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
4.
Book Value
Total Assets $6,000,000 Total Liabilities $4,500,000 Number of Common Shares Outstanding 100,000 The book value per share is: $15.00 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
5.
Price/Earnings (P/E) Multiple
Average P/E Ratio for Firms in the Industry 7.0 Earnings per Share $2.60 The value per share is: $18.20 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
6.
Liquidation Value
Liquidation Value of Assets $5,250,000 Total Liabilities $4,500,000 Book Value of Preferred Stock 0 Number of Common Shares Outstanding 100,000 The liquidation value per share is: $7.50 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
7.
Constant Growth
Estimated Dividend per Share $1.50 Expected Annual Growth Rate of Dividends 7.00% Investor's Required Rate of Return 15.00% The value per share is: $18.75 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
8.
Financial Ratios (All)
Income Statement Revenue (Sales) $3,074 Less: Cost of goods sold 2,088 Gross profits $986 Less: Operating Expenses Selling expense $100 General and administrative 194 Lease expenses 35 Depreciation expense 239 Other Total operating expenses $568 Operating profits $418 Less: Interest expense 93 Net profits before taxes $325 Less: Taxes 94 Net profits after taxes $231 Less: Preferred stock dividends 10 Earnings available for common stockholders $221 Balance Sheet Assets Current assets Cash $363 Marketable securities 68 Accounts receivable 503 Inventories 289 Other Total current assets $1,223 Gross Fixed assets (at cost) Land and buildings $2,072 Machinery and equipment 1,866 Furniture and fixtures 358 Vehicles 275 Other 98 Total gross fixed assets $4,669 Less: Accumulated depreciation 2,295 Net fixed assets $2,374 Total assets $3,597 Liabilities and Stockholders' Equity Current liabilities Accounts payable $382 Notes payable 79 Accruals 159 Other Total current liabilities $620 Long-term debts $1,023 Total liabilities $1,643 Stockholders' equity Preferred stock $200 Common stock 191 Paid-in capital 428 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
9.
Retained earnings
$1,135 Total stockholders' equity $1,954 Total liabilities and stockholders' equity $3,597 Additional Data Needed for Ratios Principal Payments made during period $71 Lease Payments made during period $35 Tax Rate 29% Common Shares Outstanding (in 000s) 76 Market Price per Share of Common Stock $32.25 Liquidity Analysis and Ratios Net Working Capital $603 Current Ratio 1.97 Quick Ratio 1.51 Activity Ratios Inventory Turnover 7.22 Average Collection Period 58.91 Fixed Asset Turnover 1.29 Total Asset Turnover 0.85 Debt Ratios Debt Ratio 45.7% Debt-equity Ratio 52.4% Times Interest Earned 4.5 Fixed-payment Coverage Ratio 1.9 Profitability Ratios Gross Profit Margin 32.1% Operating Profit Margin 13.6% Net Profit Margin 7.5% Return on Assets (ROA) 6.4% Return on Equity (ROE) 11.8% Earnings Per Share (EPS) $2.90 Price/Earnings (P/E) Ratio 11.1 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
10.
Liquidity Analysis and
Ratios Net Working Capital Current Assets $1,223,000 Current Liabilities $620,000 The net working capital is: $603,000 Current Ratio Current Assets $1,223,000 Current Liabilities $620,000 The current ratio is: 1.97 Quick Ratio Current Assets $1,223,000 Inventory $289,000 Current Liabilities $620,000 The quick ratio is: 1.51 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
11.
Activity Ratios
Inventory Turnover Cost of Goods Sold $2,088,000 Inventory $289,000 The inventory turnover is: 7.22 Average Collection Period Accounts Receivable $503,000 Annual Sales $3,074,000 The average collection period is: 58.91 Average Payment Period Accounts Payable $382,000 Annual Purchases $1,461,600 Days in year 360 The average payment period is: 94.09 Total Asset Turnover Sales $3,074,000 Total Assets $3,597,000 The total asset turnover is: 0.85 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
12.
Debt Ratios
Debt Ratio Total Liabilities $1,643,000 Total Assets $3,597,000 The debt ratio is: 45.7% Debt-equity Ratio Long-term debt $1,023,000 Stockholders' Equity $1,954,000 The debt-equity ratio is: 52.4% Times Interest Earned Earnings Before Interest and Taxes $418,000 Interest Expense $93,000 The times interest earned ratio is: 4.5 Fixed-payment Coverage Ratio Earnings Before Interest and Taxes $418,000 Interest Expense $93,000 Principal Payments $71,000 Lease Payments $35,000 Total Preferred Dividends $10,000 Tax Rate 29% The fixed-payment coverage ratio is: 1.87 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
13.
Profitability Ratios
Gross Profit Margin Sales $3,074,000 Cost of Goods Sold $2,088,000 The gross profit margin is: 32.1% Operating Profit Margin Operating profit $418,000 Sales $3,074,000 The operating profit margin is: 13.6% Net Profit Margin Net Profits After Taxes $231,000 Sales $3,074,000 The net profit margin is: 7.5% Return on Assets (ROA) Net Profits After Taxes $231,000 Total Assets $3,597,000 The return on assets is: 6.4% Return on Equity (ROE) Net Profits After Taxes $231,000 Stockholders' Equity $1,954,000 The return on equity is: 11.8% Earnings Per Share (EPS) Earnings Available to Common Stockholders' $221,000 Common Shares Outstanding 76,262 The earnings per share are: $2.90 Price/Earnings (P/E) Ratio Market Price per Share of Common Stock $32.25 Earnings Per Share $2.90 The price/earnings ratio is: 11.1 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
14.
Present Value -
Single Amount Future Amount (at the end of n periods) $1,700.00 Number of Periods (n) 8 Interest Rate Per Period (per n periods) 8.00% The present value is: $918.46 Calculating an Interest Rate Future Amount (at the end of n periods) $1,700.00 Present Value $918.46 Number of Periods (n) 8 The interest rate per period is: 8.00% Calculating the Number of Periods Future Amount (at the end of n periods) $1,700.00 Present Value $918.46 Interest Rate Per Period (per n periods) 8.00% The number of periods are: 8 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
15.
Present Value of
a Mixed Stream Periodic Discount Rate 9.00% Cash Period (n) Flow 1 400 2 800 3 500 4 400 5 300 6 7 8 9 10 The present value is: $1,904.76 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
16.
Present Value of
an Annuity Choose one of the following options: Ordinary Annuity Annuity Due Payment Per Period $700.00 Number of Periods 5 Interest Rate Per Period (per n periods) 8.00% The present value of the annuity is: $2,794.90 Calculating an Interest Rate Payment Per Period $700.00 Present Value $2,794.90 Number of Periods (n) 5 The interest rate per period is: 8.00% Calculating the Number of Periods Payment Per Period $700.00 Present Value $2,794.90 Interest Rate Per Period (per n periods) 8.00% The number of periods is: 5 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
17.
Future Value -
Single Amount Compounding Choices (select one): þÿAnnual þÿSemi-annual þÿQuarterly þÿBi-monthly þÿMonthly þÿContinuous Present Value $100.00 Number of Periods (n) 2 Interest Rate Per Period (per n periods) 8.00% The future value is: $116.64 Calculating an Effective Interest Rate Compounding Frequency (select one): þÿ Nominal Interest Rate 8.00% Number of Years 2 The effective rate per period (per n periods) is: 8.16% Calculating the Number of Periods Present Value $100.00 Future Value $116.64 Interest Rate Per Period (per n periods) 8.00% The number of periods is: 2 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
18.
Future Value of
an Annuity Choose one of the following options: Ordinary Annuity Annuity Due Payment Per Period $1,000.00 Number of Periods 5 Interest Rate Per Period (per n periods) 7.00% The future value of the annuity is: $5,750.74 Calculating an Interest Rate Payment Per Period $1,000.00 Future Value $5,750.74 Number of Periods (n) 5 The interest rate per period is: 7.00% Calculating the Number of Periods Payment Per Period $1,000.00 Future Value $5,750.74 Interest Rate Per Period (per n periods) 7.00% The number of periods is: 5.00 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
19.
Deposits to a
Sum Select the type of annuity: Ordinary Annuity Annuity Due Amount to be Accumulated $100,000 Number of years 10 Annual Interest Rate 9.00% The periodic deposit is: $6,582.01 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
20.
After Tax Cost
of Debt Par value of bond $1,000 Cash inflow from sale (per bond) $960 Coupon rate 9.00% Number of periods to maturity 20 Tax rate 40.0% The approximate cost is: 9.39% The after tax cost is: 5.63% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
21.
Cost of Common
Constant Growth Model Current per Share Market Value of Stock $50.00 Dividend per Share 4 Projected Growth Rate of Dividends 5.00% The cost of common stock is: 13.00% Capital Asset Pricing Model Risk Free Rate of Return 7.00% Market Rate of Return 11.00% Beta 1.50 The cost of common stock is: 13.00% Cost of New Issue Current per Share Market Value of Stock $50.00 Dividend per Share $4.00 Growth Rate of Dividends 5.00% Flotation Cost per Share $5.50 The cost of common stock is: 13.99% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
22.
Cost of Preferred
Stock Annual Preferred Stock Dividend $8.70 Net Proceeds from Sale of Preferred Stock $82.00 The cost of preferred stock is: 10.61% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
23.
Weighted Average Cost
of Capital Long-term debt proportion 40.00% Preferred stock proportion 10.00% Common stock/Equity proportion 50.00% Cost of debt 5.60% Cost of preferred stock 10.60% Cost of equity/stock 13.00% The weighted average cost of capital is: 9.80% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
24.
Weighted Marginal Cost
of Capital Long-term debt proportion 40.00% Preferred stock proportion 10.00% Common stock/Equity proportion 50.00% Range of New Financing Lower Upper Source of Weighted Bound Bound Capital Cost Cost $0 $600,000 Debt 5.60% 2.24% Preferred 10.60% 1.06% Common 13.00% 6.50% Weighted average cost of capital 9.80% Lower Upper Source of Weighted Bound Bound Capital Cost Cost $600,000 $1,000,000 Debt 5.60% 2.24% Preferred 10.60% 1.06% Common 14.00% 7.00% Weighted average cost of capital 10.30% Lower Upper Source of Weighted Bound Bound Capital Cost Cost $1,000,000 and beyond Debt 8.40% 3.36% Preferred 10.60% 1.06% Common 14.00% 7.00% Weighted average cost of capital 11.42% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
25.
Net Present Value
Initial Investment (enter as positive number) $50,000,000 Discount Rate 10% Years Cash Flows 1 6,750,000 2 7,031,250 3 7,312,500 4 7,593,750 5 7,875,000 6 8,156,250 7 8,437,500 8 8,718,750 9 9,000,000 10 9,281,250 11 9,562,500 12 9,843,750 13 - 14 - 15 - The net present value is: $4,402,138 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
26.
Internal Rate of
Return Years Cash Flows 0 Initial Investment --> ($45,000) 1 28,000 2 12,000 3 10,000 4 10,000 5 10,000 6 7 8 9 10 11 12 13 14 15 The internal rate of return is: 21.65% File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
27.
Payback Period
Years Cash Flows 0 Initial Investment --> ($45,000) 1 1,000 2 1,000 3 1,000 4 1,000 5 1,000 6 1,000 7 40,000 8 6,000 9 10 11 12 13 14 15 The payback period is: 6.975 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
28.
Annualized Net Present
Value Discount Rate 10.00% Number of years 6 Years Cash Flows 0 Initial Investment enter as negative --> ($85,000) 1 35,000 2 30,000 3 25,000 4 20,000 5 15,000 6 10,000 7 8 9 10 11 12 13 14 15 The net present value is: $17,285 The annualized NPV is: $3,969 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
29.
Initial Investment
Cost of new asset $380,000 Installation costs 20,000 After-tax proceeds from sale of old asset 280,000 Tax on sale of present machine 84,160 Change in net working 17,000 The initial investment is: $221,160 File: copiadepmfproblemsolver-110119193500-phpapp02.xls Addison Wesley Longman © 2003 by Printed: 01/20/2011
30.
Cash Budget
(all numbers in $000) Oct Feb Mar Apr May Jun Total cash receipts $210 $320 $340 Less: Total cash disbursements 213 418 305 Net cash flow ($3) ($98) $35 Add: beginning cash $50 $47 ($51) Ending cash $47 ($51) ($16) Less: Minimum cash balance 25 25 25 Required total financing $0 $76 $41 Excess cash balance $22 File: copiadepmfproblemsolver-110119193500-phpapp02.xls © 2003 by Addison Wesley Longman Printed: 01/20/2011
Jetzt herunterladen