1. | Question : | (TCO C) Blease Inc. has a capital budget of $625‚000‚ and it wants to maintain a target capital structure of 60 percent debt and 40 percent equity. The company forecasts a net income of $475‚000. If it follows the residual dividend policy‚ what is its forecasted dividend payout ratio? (a) 40.61% (b) 42.75% (c) 45.00% (d) 47.37% (e) 49.74% | | | Student Answer: | | (d) 47.37 Equity required (Residual income) = $625‚000*40% = $250‚000 Dividend paid = $475‚000 - $250
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1. | Question : | (TCO D) Which of the following factors would increase the likelihood that a company would call its outstanding bonds at this time? (a) The yield to maturity on the company’s outstanding bonds increases due to a weakening of the firm’s financial situation. (b) A provision in the bond indenture lowers the call price on specific dates‚ and yesterday was one of those dates. (c) The flotation costs associated with issuing new bonds rise. (d) The firm’s CFO believes that interest
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followed in achieving these objectives. Computer Aided Examination System forms the lifeline of the Educational Institutes to the functioning of the Examination. It is very essential for an Institute to handle the Examinations and their results. It is very useful for an Institute to test its students continuously for their mutual development. This system is helpful for conducting (M.C) Multiple Choice Examinations which can be conducted during examinations as well as for surprise tests and provides immediate
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Develop workplace learning envirnoment Krunal Shakya 10 June‚ 2012 Ayda Nur Your Class 25A Table of Contents Table of Contents ii Introduction 1 Part A 2 1.Training Needs Analysis 2 2.Identifing gaps using Training Needs Analysis 2 3.Feedback Methods 3 4.Feedback Analysis 3 Part B 4 1.Position Description (Appendix 1) 4 2.Job Task Questionnaire(Appendix 2‚ 3 & 4) 4 3.Training Needs Analysis(Appendix 5)
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Examination System (Unfinished) Examination System (Unfinished) Abstract The purpose of the system is to develop Online Examination System.‚ used to test the Domain knowledge of the students‚ and employees with respect to the particular technology. The manual procedure used for conducting exam is time consuming process and error prone due to human limitations. The System purpose is to completely automate the old manual procedure of conducting exam to Online Web Based Examination System. Chapter
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FIN-516 WEEK 1 – HOMEWORK ASSIGNMENT Problem Based on Chapter 14‚ Residual Dividends Middlesex Plastics Manufacturing had 2011 Net Income of $15.0 Million. Its 2012 Net Income is forecast to increase by 8%. The company’s capital structure has been 35% Debt and 65% Equity since 2010‚ and the company plans to maintain this capital structure in 2012. The company paid $3.0 Million cash dividends in 2011. The company is planning to invest in a major capital project in 2012. The capital budget
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FINC 404 Fall 2011 Assignment 1 Solution 1. I need your group names! Groups of 4 people please. 2. You can deposit $10‚000 into an account paying 9% annual interest either today or exactly 10 years from today. How much better off will you be at the end of 40 years if you decide to make the initial deposit today rather than 10 years from today? Solution Deposit now: Deposit in 10 years: FV40 = PV (1+k)40 FV30 = PV10 x (1+k)30 FV40 = $10‚000 x (1.09)40 FV30 = PV10 x (1.09)30 FV40 =
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Examination Day Essay Qs 2013 Choose a novel or a short story or a piece of non-fiction in which there is a character or a person with whom you feel sympathy. Say why you feel sympathy for the character and show how the writer makes you feel this way. Choose a novel or a short story or a piece of non-fiction which has a shocking or unexpected ending. Briefly say what happens in the story and then go on to show how the author makes the ending shocking or unexpected. 2012 Choose a novel or a short
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Carmen Yost Feburary 9th 2015 Fin 410 Chapter 4 Problems Dr. Terry Dowdy Resource: Ch. 4 of Foundations of Financial Management Complete Problems 16‚ 19‚ & 25 in Ch. 4 of Foundations of Financial Management 16. J. Lo’s Clothiers has forecast credit sales for the fourth quarter of the year as: September (actual) $70‚000 Fourth Quarter October $60‚000 November 55‚000 December 80‚000 Schedule of cash receipts (LO2) Experience has shown that 30 percent of sales are collected
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In this paperwork of FIN 515 Week 4 Midterm you will find the next information: 1. (TCO A) Which of the following statements is CORRECT? 2. (TCO G) Which of the following statements is CORRECT? 3. (TCO G) LeCompte Corp. has $312‚900 of assets‚ and it uses only common equity capital (zero debt). Its sales for the last year were $620‚000‚ and its net income after taxes was $24‚655. Stockholders recently voted in a new management team that has promised to lower costs and get the return
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