Titan Football Manufacturing had the following operating results for 2014:
Sales
$ 23,730.00
Cost of goods sold
$ 16,780.00
Depreciation expense
$
2,840.00
Interest expense
$
414.00
Dividends paid
$
616.00
Net fixed assets
$ 16,560.00
Current assets
$
2,9
Ch 7
2. We will use the bottom-up approach to calculate the operating cash flow for each year. We also must
be sure to include the net working capital cash flows each year. So, the total cash flow each year will
be:
Year 0
Year 1
Year 2
Year 3
Year 4
Sale
SOLUTIONSTOWEEKTHREEASSIGNMENTS
1. Chapter 7 - Problem 2, 4, 6, 8, 10, 12 and 14
2. Chapter 8 - Problem 2, 6, 8 and 13
3. Chapter 9 - Problems 1, 2, 3, 9, 10, 13, 15 and 16
CHAPTER7
2.
We need to find the required return of the stock. Using the constant g
Overview
SarbanesOxley contains 11 titles that describe specic mandates and requirements for nancial reporting. Each title
consists of several sections, summarized below.
1. Public Company Accounting Oversight Board (PCAOB)
Title I consists of nine sectio
Do you invest in the stock or bond markets? Is this something you would like to do?
Do you read the financial news?
Did you take the preliminary accounting course (ACC201)?
Have you ever accessed and tried to understand the financial statements of listed
Links Between Financial Statements
INCOME STATEMENT
Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Depreciation
BALANCE SHEET
Current Assets of
which:
Cash
Beginning Cash
Long Term Assets
Net income
Plus depreciation
+ or change in working cap
Company X
Company X
Consolidated Income Statement
Simplified Consolidated Income Statement
Fiscal year ending December 31st
US$ 000's
2010 %
Net Sales
Cost of Goods Sold
0.00
0.00
Gross Profit
0.00
Operating Expenses
Adminitrative Costs
Distribution Costs
The Six Most Important Ideas in Finance
Notes to Business Finance Class: FIN 310, July 2010
Instructor: Chaya Chanmugan
1. Net Present Value (NPV)
The NPV is the sum of the present values (PV1 + PV2 etc) of expected future cash flows (as distinct
from acc
Simple Interest per year is:
7500 * .06 = 450
So, after 10 years you would have:
450 * 10 = 4500 in interest
Total balance would be:
7500 + 4500 = 12000
FV = PV (1 + r)^t
FV = 7500(1.06)^10 = 13431.36
13431.36 - 12000 =
1431.36
FV = PV(1+r)^t
t = ln(FV/PV
Hi Professor,
I was somewhat discouraged going into this week after my quiz results last week. I felt
the homework was more demanding this week, however, I felt that it really prepared me
for the midterm. I do not know my results from the midterm but I fe
Simple Interest per year is:
7500 * .06 = 450
So, after 10 years you would have:
450 * 10 = 4500 in interest
Total balance would be:
7500 + 4500 = 12000
FV = PV (1 + r)^t
FV = 7500(1.06)^10 = 13431.36
13431.36 - 12000 =
1431.36
FV = PV(1+r)^t
t = ln(FV/PV
Hello Professor,
This week has been a lot easier than I originally thought it would be. I dont feel I did as good
on the quiz as I would have liked, that being said, not knowing which questions I got wrong I
am 99% I can guess which ones they are. One que
Sam Barker
FIN 310
Chapter 4
2) To find the FV of a lump sum, we use:
FV = PV(1 + r)t
a. FV = $1,000(1.05)10 = $1,628.89
b. FV = $1,000(1.07)10 = $1,967.15
c. FV = $1,000(1.05)20 = $2,653.30
d. Because interest compounds on the interest already earned, th