unlevered cost of capital of 14.6 percent. The firm’s tax rate is 37 percent and the cost of equity is 18 percent. What is the firm’s debt-equity ratio? | 0.76 | | 0.82 | | 0.79 | | 0.87 | | 0.72 | 2. Johnson Tire Distributors has an unlevered cost of capital of 11 percent‚ a tax rate of 34 percent‚ and expected earnings before interest and taxes of $1‚400. The company has $2‚700 in bonds outstanding that have an 8 percent coupon and pay interest annually. The bonds
Premium Investment Generally Accepted Accounting Principles Economics
Genera2013 Case Study 1: General Mills Inc. Understanding Financial Statements Group 5 Summary This case overall probes into 3 basic financial statements of the company and management’s view as well as auditors comments on it. It teaches about how business ethics and corporate governance works. Case study encouraged us to closely probe into each statements and line items and make us understand it. Few highlighted learning’s are preparation of common-size financial statements‚ understanding
Premium Balance sheet Generally Accepted Accounting Principles
This paper presents the analysis of U.S. imports and exports by managing the trade balance. It also presents the leading U.S. imports and exports in terms of value along with the important partners. Design/methodology/approach- The author explains the balance of trade including the rise and fall of U.S. trade deficit using the analysis between different countries imports and exports. Research limitations/implications- The study is limited to analysis of imports‚ exports‚ trade surplus and deficit of
Premium International trade Export Balance of trade
Russian Export Import In this section we will make an overview of the Russian exports and Imports. It would seem that the answer for this question is quite clear giving the geographical situation of Russian Federation. Russia mainly exports hydrocarbons (crude oil‚ gas‚ coal)‚ metals‚ chemical products‚ weapons‚ machinery and equipment. Export and Import of Russian Federation | Billion USD | Year | 1995 | 2000 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | Export | 78.2 | 103.1 | 241.5 |
Premium Russia Petroleum International trade
Case Study Hy Dairies‚ INC.” The case study‚ “Hy Dairies‚ Inc.”‚ highlights an individual‚ Rochelle Beauport‚ whose career with the company seemed promising after a successful two quarters of increased sales of Hy’s gourmet ice cream. Syd Gilman‚ the vice president of marketing‚ was so impressed with Beauport’s effort and hard work that he decided to positively reinforce her achievement by offering her a position where he believed she would gain experience from higher profile work (Human Behavior
Premium Marketing Management Strategic management
Is tourism import or export? Tourism is now one of the fastest growing sectors of the economies of many countries‚ especially for the developed regions. What is the majority of their income of the tourism industry comes from? In fact‚ their income is came form importing and exporting tourism. However‚ is tourism solely export or import? Our group holds the view that tourism is both import and export. Exporting tourism means that tourists from other places travel to the host country and consume
Premium Tourism International trade Transport
Question 1 - Risks surrounding the identified accounts The Audit of TNO Ltd has highlighted number of risks. The risks highlighted in the audit are discussed throughout the report. Below is a table of the risks and tests to carry out‚ based on the five accounts highlighted as being of risk. The common assertion that is common to the five accounts is valuation and allocation. Account Assessment of Risk Substantive audit procedure Accounts Receivable Account Receivable has increased while sales
Premium Risk Finance Management
60%‚ 78%‚ and 80% respectively. They also triumphed against Cang’s Incorporated in terms of which the students think offeres better benefitsa to their employees. Grocery stores serve as community anchors. They create jobs and provide a source of basic necessities like food and water. Therefore‚ with this in mind‚ it is essential for every possible consumer to be aware even with tiny details. In this study‚ the reporters compared two of the most frequented grocery stores in Dumaguete. According to
Premium Supermarket Supermarket Grocery store
Inverse trigonometric functions (Sect. 7.6) Today: Derivatives and integrals. Review: Definitions and properties. Derivatives. Integrals. Last class: Definitions and properties. Domains restrictions and inverse trigs. Evaluating inverse trigs at simple values. Few identities for inverse trigs. Review: Definitions and properties Remark: On certain domains the trigonometric functions are invertible. y 1 y = sin(x) y 1 y = cos(x) y y = tan(x) −π/2 π/2 x 0 π/2
Premium
1. Who benefits from the government policies to (a) promote production of ethanol and (b) place tariff barriers on imports of sugar cane? Who suffers as a result of these policies? ANS: Benefiters in promoting production of ethanol: -Corn producers. They get subsidies from the government and get a free way of marketing from the government. The government promotes consumption of ethanol‚ ethanol is produced out of corn‚ so indirect marketing for corn farmers that will get more demand out of policies
Premium International trade Poverty Global warming