CHAPTER 14 DISTRIBUTIONS TO SHAREHOLDERS: DIVIDENDS AND SHARE REPURCHASES
Ratios 1. A firm earned $100 million in net income last year. It paid $40 million in cash dividend and repurchased stocks worth $20 million. Calculate the following: a. Payout
CHAPTER 17 MULTINATIONAL FINANCIAL MANAGEMENT
If one Canadian dollar can purchase $0.92 U.S. dollar, how many Canadian dollars can one U.S. dollar buy? 1.09
If one Swiss franc can purchase $0.81 U.S. dollar, how many Swiss francs can one U.S.
CHAPTER 15 WORKING CAPITAL MANAGEMENT
Inventory conversion period 1. Kleck Corporation has $500,000 of inventory, and its annual sales are $3,000,000. Based on a 365 day year, what is Kleck's inventory conversion period? IC = INV/AVG. DAILY COGS = 50
CHAPTER 13 CAPITAL STRUCTURE AND LEVERAGE
Determining price from EBIT 1.
The Price Co. will produce 55,000 widgets next year. Variable costs will equal 40% of sales, while fixed costs will total $110,000. At what price must each widget b
CHAPTER 12 CASH FLOW ESTIMATION
Annual operating cash flows, depr'n given 1. You work for Alpha Inc., and you must estimate the Year 1 operating net cash flow for a proposed project with the following data. What is the Year 1 operating cash flow? Sal