GradePack

    • Home
    • Blog
Skip to content
bg
bg
bg
bg

GradePack

You found the following stock quote for BFG Industries, Inc….

You found the following stock quote for BFG Industries, Inc., at your favorite website. You also found that the stock paid an annual dividend of $1.10, which resulted in a dividend yield of 1.50 percent.   Company Symbol VolDaily  Close Daily Chg Daily %Chg YTD %Chg 52 WEEK High 52 WEEK Low 52 WEEK %Chg     BFG IndustriesBFG12,500,000??0.501.0%12.0%85.0060.0015.0%  Assume the company has 80 million shares of stock outstanding and a P/E ratio of 20.  What was the total net income of the firm for the most recent four quarters?

Read Details

Suppose you are evaluating three alternative MMMF investment…

Suppose you are evaluating three alternative MMMF investments.a) Keystone Municipal Fund invests in a diversified portfolio of municipal securities from across the country and yields 3.6 percent.b) Summit Taxable Fund invests only in taxable, short-term commercial paper and yields 5.2 percent.c) Atlantic State Municipal Fund specializes in municipal debt from the state of New Jersey and yields 3.1 percent.If you are a New Jersey resident, your federal tax bracket is 32 percent and your state tax bracket is 9 percent, which of these three MMMFs offers the highest after-tax yield?

Read Details

You purchase 3,200 bonds with a par value of $1,000 for $985…

You purchase 3,200 bonds with a par value of $1,000 for $985 each. The bonds have a coupon rate of 6.4 percent, paid semiannually, and mature in 8 years.a). How much will you receive on the next coupon date?b). How much will you receive when the bonds mature?

Read Details

What is the distinction between a real asset and a financial…

What is the distinction between a real asset and a financial asset? What are the two basic types of financial assets, and what does each represent?

Read Details

A growth mindset is the belief that the ability to learn is…

A growth mindset is the belief that the ability to learn is not fixed—that it can change with your effort. Do you agree or disagree with this belief? Explain your reasoning and give examples from your own experiences, education, or career goals to support your response. *Answer should be 5-10 sentences 

Read Details

(a) What goal should always motivate the actions of a firm’s…

(a) What goal should always motivate the actions of a firm’s financial manager?(b) Explain why each of the following may not be appropriate corporate goals:Increase market share.Minimize costs.Underprice competitors.Maximize profits

Read Details

The 2025 balance sheet of Redwood Supply Co. reported curren…

The 2025 balance sheet of Redwood Supply Co. reported current assets of $4,880 and current liabilities of $2,140. The 2026 balance sheet reported current assets of $5,460 and current liabilities of $2,980. What was the company’s 2026 change in net working capital (NWC)?

Read Details

What does liquidity measure? Explain the trade-off a firm fa…

What does liquidity measure? Explain the trade-off a firm faces between high liquidity and low liquidity levels.

Read Details

Takara Systems, Inc., has sales of $892,000, operating costs…

Takara Systems, Inc., has sales of $892,000, operating costs of $374,000, depreciation expense of $58,000, interest expense of $41,000, and a tax rate of 24 percent.(a) What is the net income for this firm? (Hint: First build an income statement.)(b) Suppose the firm paid out $180,000 in cash dividends. What is the addition to retained earnings?(c) Suppose the firm had 92,000 shares of common stock outstanding. What is the earnings per share (EPS)? What is the dividends per share (DPS)?

Read Details

Ferengi Technologies, Inc., purchased advanced sensor equipm…

Ferengi Technologies, Inc., purchased advanced sensor equipment four years ago for $9 million. The equipment could be sold today for $6.4 million. Ferengi’s current balance sheet reports net fixed assets of $4.2 million, current liabilities of $1.180 million, and net working capital of $520,000. If the firm liquidated all current assets and paid off current liabilities today, it would receive $1.70 million in cash.What is the book value of Ferengi’s total assets today? What is the sum of the market value of net working capital (NWC) and the market value of fixed assets?

Read Details

Posts pagination

Newer posts 1 … 83 84 85 86 87 … 76,356 Older posts

GradePack

  • Privacy Policy
  • Terms of Service
Top