Jacob Armstrong Assignment 1-6 Worksheet 1. Read the closing case “Ratios and Financial Planning at East Coast Yachts” in chapter 3 of your textbook. 2. Based on the information provided‚ answer the questions below: Part I: A. Calculate the following ratios for East Coast Yachts and compare them to those for the industry: Liquidity or Short-Term Solvency Ratios Calculate and compare to industry ratios: East Coast Yachts Lower Quartile Median Upper Quartile Positive‚ Negative
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Analyze company cash flows East Coast Yachts has a strong operating cash flow highlighted by strong earnings before interest and taxes of $88‚416‚000. With the addition of $20‚160‚000 in depreciation and subtraction of $30‚921‚000 in taxes‚ they managed an operating cash flow of $77‚654‚400. East Coast Yachts appears to be in or approaching a growth mode with their capital spending on fixed assets increasing by $60‚000‚000 during the fiscal year. However‚ they made the wise move of reducing
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Mini Case : Ratios And Financial Planning At East Coast Yachts 1. Calculate all of the ratios listed in the industry table for East Cost Yachts. Ratios Calculation 2009 a) Current Ratio 0.75 b) Quick Ratio 0.44 c) Total Asset Turnover 1.54 d) Inventory Turnover 19.22 e) Receivables Turnover 30.57 f) Debt Ratio 0.49 g) Debt to Equity Ratio
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Running head: Week Five Assignment Week Five Managerial Finance Jason Campbell Wayne Hollman BUS 650 December 17‚ 2012 Complete Chapter 13 Closing Case at the end of the chapter and submit answers to your instructor. YOUR 401(K) ACCOUNT AT EAST COAST YACHTS You have been at your job with East Coast Yachts for a week now and have decided you need to sign up for the company’s 401(k) plan. Even after your discussion with Sarah Brown‚ the Bledsoe Financial Services representative‚ you
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1. How does Ben’s age affect his decision to get an MBA? In this case‚ Ben’s age affects his decision to get an MBA because he is now 28 years old and has been out of school for six years. Assuming Ben has worked for the previous years since graduation‚ he has accumulated money from saving his salary in order to obtain his MBA. Now starting an MBA program at 28 years old‚ Ben will suspend working to spend at least two years studying and finishing his MBA. He will finish by the age of 30 if he
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Closing Case Pg 489 1.What is the expected value of the company in one year‚ with and without expansion? Would the company stockholders be better off with or without expansion? Why? The expected values of the company without expansion goes as followed (.3)(11‚000‚000)+(.5)(17‚500‚000)+(.2)(22‚5000‚000)=165‚500‚000 The expected value of the company with expansion goes as followed: (.3)(13‚000‚000)+(.5)(24‚000‚000)+(.2)(28‚500‚000)=215‚000‚000 (215‚000‚000)-(4‚500‚000(cost))=170
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This file of BUS 650 Final includes: The paper must identify the main issues in the chosen area‚ new learning that has occurred‚ class activities or incidents that facilitated learning and understanding‚ and specific current and/or future applications and relevance to the workplace. The emphasis of the paper should be on application of new learning. Business - General Business Focus of the Final Paper Evaluation of Corporate Performance The Final Project will involve applying
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This work of BUS 650 Entire Course consists of: BUS 650 Final.doc BUS 650 Week 1 assignment.doc BUS 650 Week 1 dqs.doc BUS 650 Week 2 assignment.doc BUS 650 Week 2 dqs.doc BUS 650 Week 3 assignment.doc BUS 650 Week 3 dqs.doc BUS 650 Week 4 assignment.doc BUS 650 Week 4 dqs.doc BUS 650 Week 5 assignment.doc BUS 650 Week 5 dqs.doc BUS 650 Week 6 dqs.doc Deadline: ( )‚ Business - General Business I wanted to know is there a way I can get the
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This work of BUS 650 Week 5 Assignment includes: Closing Case: Ch 13 Complete Chapter 13 Closing Case at the end of the chapter and submit answers to your instructor. Deadline: ( )‚ Business - Finance "Corporate Valuation and Financial Planning" Please respond to the following: Suppose a company’s return on invested capital is less than its weighted average cost of capital (WACC). Speculate on what would happen to the value of operations if the sales growth rate increases
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EAST COAST YACHTS 1. The calculations for the ratios listed are: Current ratio = $11‚270‚000 / $15‚030‚000 Current ratio = 0.75 times Quick ratio = ($11‚270‚000 – 4‚720‚000) / $15‚030‚000 Quick ratio = 0.44 times Total asset turnover = $128‚700‚000 / $83‚550‚000 Total asset turnover = 1.54 times Inventory turnover = $90‚070‚000 / $4‚720‚000 Inventory turnover = 19.22 times Receivables turnover = $128‚700‚000 / $4‚210‚000 Receivables
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