Gladstone Pavers has a long-term debt ratio of 0.6 and a current ratio of 1.6. Current liabilities are $700, sales are $4,440, the profit margin is 9.5 percent, and the return on equity is 19.5 percent. How much does the firm have in net fixed assets? $4,880.18 $4,987.69 $5,666.67 $5,848.15 $6,107.70

Answer:

$4,987.69

Explanation:

Calculation to determine How much does the firm have in net fixed assets

First step is to calculate the Current assets

Current assets = 1.6 × $700

Current assets= $1,120

Second step is to calculate the Net income

Net income = .095 × $4,440

Net income= $421.80

Third step is to calculate the Total equity

Total equity = $421.80/.195

Total equity= $2,163.0769

Fourth step is to calculate Long-term debt

0.6 = Long term debt/(Long-term debt + $2,163.0769)

Long-term debt = $3,244.6153

Fifth step is to calculate the Total debt

Total debt = $700 + $3,244.6153

Total debt= $3,944.6153

Sixth step is to calculate Total assets

Total assets = $3,944.6153 + $2,163.0769

Total assets= $6,107.6922

Now let calculate the Net fixed assets

Net fixed assets = $6,107.6922 - $1,120

Net fixed assets = $4,987.69

Therefore How much does the firm have in net fixed assets is $4,987.69

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The following information is provided for Sandhill Company and Whispering Corporation. (in $ millions) Sandhill Company Whispering Corporation Net income 2022 $130 $445 Net sales 2022 1715 4640 Total assets 12/31/20 1010 2010 Total assets 12/31/21 1085 3070 Total assets 12/31/22 1150 4100 What is Sandhill's return on assets for 2022

In 2014, Lena assigned a paid-up whole life insurance policy to an Irrevocable Trust for the benefit of her three children. Lena died in 2018, and the face value of the whole life insurance policy of $2,000,000 was paid to the Irrevocable Trust. Regarding this transfer, how much is included in Lena’s gross estate at her death? A. $0 B. $45,000 C. $2,000,000 D. $1, 955,000

Suppose that you wish to hedge the exchange rate risk on a foreign receivable of 1,240,000 euros. You decide to do this with a long option whose underlying asset is the euro (I won't tell you whether it's a put or a call). If this option has a strike of $1.15/euro, a multiple of 10,000 euros, and a per-contract (i.e. per 10k euros) premium of $175, then what is the least number of dollars you could possibly expect to net from this hedged receivable

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A) Alpha's CEO now proposes that the company skip its dividend one year from now and instead invest the entire amount of the coming year's $1 billion free cash flow in a project that management believes will generate a perpetual annual rate of return of 21%. The CEO further asserts that the new project has similar risk to the company's assets in place. If the company were to announce immediately its plans for the investment one year from now (financed by skipping next year's dividend) what do you think will happen to Alpha's stock price?
B) Some of Alpha's Board members are worried that shareholders are expecting a dividend next year and that announcing plans to skip next year's dividend will lower the stock price today. Suppose Alpha were to announce instead that it plans to pay its usual dividend one year from now and that it has no plans for any new investment at T-. What will happen to the stock price today?
C) Suppose Alpha settles on a compromise: Alpha announces today that it will invest in the new project one year from now, butwill simultaneously issue enough new shares at that time to enable it to pay the usual S10 dividend per share to its existing shareholders. What do you think will happen to Alpha's share price one year from now under this plan? What do you think will happen to Alpha's stock price today? Which of the three plans do you think Alpha's shareholders would prefer?

About 10 years ago, the POM Pomegranate Juice brand was created by a middle-aged couple in Nebraska. Theyâre business started small and then began to skyrocket after news spread of how yummy pomegranate juice is and also, how healthy is it (more antioxidants than any other juice out there!) Now, brands such as Nantucket Nectars, Ocean Spray, Minute Maid, and more have created their own pomegranate mixtures.

Required:
What has happened to the supply of pomegranate beverages as a result?

To save money for his daughter's college tuition, Dan invests every quarter in an annuity that pays interest, compounded quarterly. Payments will be made at the end of each quarter. Find the total value of the annuity in years.

Janet's Performance Pizza is a small restaurant in Miami that sells gluten-free pizzas. Janet's very tiny kitchen has barely enough room for the two ovens in which her workers bake the pizzas. Janet signed a lease obligating her to pay the rent for the two ovens for the next year. Because of this, and because Janet's kitchen cannot fit more than two ovens, Janet cannot change the number of ovens she uses in her production of pizzas in the short run.
However, Janet's decision regarding how many workers to use can vary from week to week because her workers tend to be students. Each Monday, Janet lets them know how many workers she needs for each day of the week. In the short run, these workers are (Variable/Fixed) inputs, and the ovens are (Fixed/Variable) inputs.
Janet's daily production schedule is presented in the following table.
Fill in the blanks to complete the Marginal Product of Labor column for each worker.
Labor Output (Number of workers) Marginal Product of Labor
(Pizzas) (Pizzas)
0 0
1 70
2 120
3 160
4 190
5 200

You're considering a project with an initial cost of $6400, what is the payback period for this project if the cash inflows are $900, $1350,$2800, $1350 & $500 a year over the next five years

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Problem 8-20 Like-Kind Exchanges (LO 8.11) Carey exchanges land for other land in a qualifying like-kind exchange. Carey's basis in the land given up is $115,000, and the property has a fair market value of $150,000. In exchange for her property, Carey receives land with a fair market value of $100,000 and cash of $10,000. In addition, the other party to the exchange assumes a mortgage loan on Carey's property of $40,000. a. Calculate Carey's recognized gain, if any, on the exchange. $fill in the blank 2cb026fcb01f033_1 b. Calculate Carey's basis in the property received. $fill in the blank 5522dd03f02dfa9_1

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Discuss characteristics of modern organization and give reasons why there are frequent changes in organizations​

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SECTION -A
Q1. Which of the following is not a feature of divisional structure?
(a) It is easy to fix the responsibility on one department.
(b) It is nor suitable for large firms.
(c) It facilitates managerial development.
(d) It's formation is based on product lines.​

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a. The interest period is ____________.
b. The compounding period is _______________ .
c. The compounding frequency is___________ .

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2.1.3. Briefly explain the term Gross Domestic Product.​

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Compute its product cost per unit under absorption costing.
Production cost per unit

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A. The adjusted basis of the asset at the end of 2019 is $____.
B. The cost recovery deduction for 2020 is $____.
C. The____on the sale of the asset in 2020 is $____.

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Restaurant 1 2 3 4 5 6
After $123 $122 $145 $156 $160 $134
Before $107 $110 $143 $168 $145 $125
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b. 12,000
c. 300,000
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January 2 , 2015
Paid $86,000 cash to purchase storage shed components.
January 3 , 2015
Paid $2,000 cash to have the storage shed erected. The storage shed has an estimated life of 10 years and a residual value of $5,000.
April 1 , 2015
Paid $40,000 cash to purchase a pickup truck for use in the business. The truck has an estimated useful life of five years and a residual value of $3,000.
May 13 , 2015 Paid $500 cash for repairs to the pickup truck.
July 1 , 2015
Paid $29,000 cash to purchase patent rights on a new paper bag manufacturing process. The patent is estimated to have a remaining useful life of five years.
December 31 , 2015
Recorded depreciation and amortization on the pickup truck, storage shed, and patent.
June 30 , 2016
Sold the pickup truck for $34,000 cash. (Record the depreciation on the truck prior to recording its disposal.)
December 31 , 2016
Recorded depreciation on the storage shed. Determined that the patent was impaired and wrote off its remaining book value (i.e., wrote down the book value to zero).
Record the journal entries for the following:
1. Record the purchase of storage shed components for $86,000.
2. Record the payment of $2,000 to have the storage shed erected
3. Record the purchase of a pickup truck for $40,000.
4.. Record the repairs of $500 to the pickup truck.
5.. Record the purchase of a patent for $29,000 on a new paper bag manufacturing process
6. Record the depreciation and amortization expense on the pickup truck, storage shed and patent for the year
7. Record the depreciation for the truck up to the date of sale.
8. Record the sale of the pickup truck for $34,000 cash.
9. Record the depreciation on the storage shed for the year.
10. Record any impairment loss incurred on the patent.

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i. variable costs, because they represent a majority of the total costs.
ii. fixed costs, because they must be paid.
iii. variable costs, because they can be avoided.
iv. fixed costs, because they represent a majority of the total costs.

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Actuarial estimate of projected benefit obligation at January 1, 2017 $72,000
Assumed discount rate 10%
Service costs for 2017 $18,000
Pension benefits paid during 2017 $15,000
If no change in actuarial estimates occurred during 2017, Seda's projected benefit obligation at December 31, 2017 was:___________.
a. $75,000
b. $79,200
c. $82,200
d. $64,200