SciTronics had net fixed assets of $ 18,000 and sales of $ 244,000 in 2008. Its fixed asset turnover ratio in 2008 was 13.6 times, a deterioration from 16.3 times in 2005. Leverage Ratios: How soundly is the company financed? 1. SciTronics’
Consider the following two mutually exclusive projects Year Cash Flow Project 1 Cash Flow Project 2 0 -150,000 -150,000 1 $40,000 $100,000 2 $90,000 $80,000 3 $120,000 $60,000 a) Calculate the net present value (NPV) of each project assuming an 8% discount rate. b) Calculate the Internal Rate of Return (IRR) for each project. 5. Anne Jones checked her lottery ticket once again. The numbers matched; she had won the $10,000,000 grand prize.
Reagan’s policies reflected conservative politics and contributed to simulation of the economy in many ways. Reagan was one of the people that where involved with the Economic Recovery Tax act in 1981. The Economic Recovery Tax Act cut all income taxes by twenty five percent, and reduced the top income tax rate from seventy percent to fifty percent. In the beginning of the fall in 1982 the economy began a sixth straight mount growth due to the Economic Recovery Tax Act. This was the longest uninterrupted period of expansion since the government started keeping track in 1854.During this time fifteen million new jobs were created and just under twenty trillion dollars worth of good and services were produced.
b. Which of these two choices would give you a better chance o flossing almost all of your money within a month: investing all your money in the index fund, or investing all your money in a few randomly chosen stocks that make up the index? 22. Twenty five independent polls of one thousand random people each are taken during the course of an extremely close election campaign. People in the poll are asked which of the two candidates they favor and the percentage who favor the incumbent candidate is computed for each poll.
Behind that are 3000 Field Champion seats, which were sold for $250 a game this year as part of seasons tickets. The Yankees raised $1.2 billion in tax-exempt bonds and $136 million in taxable bonds. The cost of the Yankee stadium is a total of $ 4 billion; inclusive of potential property tax over the 40 year deal. Neil DeMause, the co-author of field schemes, estimates the total cost of the Yankee stadium at more than $2 billion counting the price of land, garages, demolition of the old stadium and parks to replace those given up for the new site. He estimates the total public costs for both ballparks at $1.8 billion.
That spark was Long-Term Capital Management. Another book routinely ranked in the top 10 Wall Street reads, Roger Lowenstein’s “When Genius Failed” tells the story of that famous quant fund headed by John Meriwether of Salomon Brothers and led by head traders Larry Hillibrand and Victor Haghani. If you invested $1 in LTCM at its founding in March 1994 and cashed out in April 1998, you would have received $4.08 before fees. If you waited until October of that year, you would have gotten about $.30. If you’re looking for fun tales of late-90’s Wall Street ballertude, you’ll probably be disappointed.
J. C Penney first opened in Wyoming in 1902 and was named The Golden Rule and was cash only. By 1985, sales had skyrocketed to 16.1 million dollars. Key RatiosJ.C. PennySearsWall MartCurrent Ratio 2.191.320.82 Inventory Turnover 3.463.698.14 Asset Turnover 1.391.852.29 Total Debt to Equity Ratio 72.7933.1976.03 ROA 8.892.588.95
On average, $179 million and $27 million were assigned to both competitive and non-competitive bidders respectively. The ratio of the quantity-weighted average resale price to the quantity-weighted average price of winning competitive bids average 1.000171 across auctions using a basis point of 1.71 with the t- statistics of 7.81, he thus, observed that the figure is highly significantly statistical. Observing this table above, out of the 207 auctions in the sampling period, average bidders submitted 94.2 competitive bids with a wide variation between the maximum and minimum sample wide of 184 and 19 respectively. For, the competitive bidders it average 24.7 ranging between 40 and 13. The number of winning competitive bids average 39.9, but varied widely between the minimum of 2 and the maximum of 157.
It was the third-most points scored for a regulation game in NBA history. When the Nuggets first began as one of the original members of the new American Basketball Association, they were worth 35,000 dollars. After a while, two-thirds of the franchise was sold for 170,000 dollars. In 1967, Carl Scheer bought the team for just below one million dollars. After the team joined
FINANCE CASE STUDY “Wonder Bars” Important information * Interest bearing debt of the company in 1994 ― $ 76,132,000 with a weighted average interest rate of 8.2% 8.25% sinking fund, n=12 years, $133 million * Coupon interest = 9.375%, $100 million WB had two long term bond outstanding Common stock, 75 million shares * Class B stock, $10 million shares The firm has 2 classes of common stocks Both stock have a price of 35$ / share and the beta of the company is 0.95 * Treasury bill = 5% * S&P 500 index = 12% in 10 years * Federal and state income tax = 40% * Sonzoni Food beta = 0.9 SOLUTION Question 1: What is WB’s capital structure? Capital structure is a way to determine