Question 1
I have attached my homework assignment that involves financial ratios and evaluating a company based upon those financial ratios that I calculated. Can you #1 please answer the question at the top regarding Boeing, #2 verify if my financial ratio calculations down the left side of the document are accurate, if not what's the correct ration #3 assist me with the question analyzing the strength of the companies based upon the financial ratios I calculated. I've also included the questions in red and highligted some as well to help make it easier. Thank you in advance!,Thank you however, you still did not answer my question regarding Boeing. It has been the 1st question at the top of each of my submissions. It does not relate to any of the formulas. It is a separate question, I asked E3-1 Question-Why would Boeing want to keep its cash balance as low as possible? Why doesn?t the company reduce its cash balance to zero?,It's not a new assignment. It was part of the 1st assignment I sent you back on Jan 31st. It was within the excel spreadsheet that I attached on Jan 31st and listed at the very top of the excel spreadsheet. However, you did not answer this particular question, only the ones after it. Please find the question listed below: Why would Boeing want to keep its cash balance as low as possible? Why doesn't the company reduce its cash balance to zero?,Why would Boeing want to keep its cash balance as low as possible? Why doesn't the company reduce its cash balance to zero?,In you attachment answer to me on 2/2 I noticed an error with your ratio calculation for Det/equity ratio. It's under your 2nd tab called Solution 2. I clicked on the F2 function bottom and it revealed a formula of B16+B24+B24 The cell B24 is actually blank, Can you please correct your formula for the debt/equity ration under Solution 2 and resend it to me so I know the correct way to calculate the ratio. Also, you had noted that we are unable to calculate averages due to no data being provided for 2009. Then how is it possible to compute this debt equity ratio since it asks for the "Average Total Assets?"
Question 2
Hello, I'm attaching 3 questions. Can you possibly also send me the answers to my personal email address as well? Having troubles accessing your site on my home computer. I have another set of questions I will be sending. If so, email address is cindy-lane@sbcglobal.net Thanks. Question #1 Timmons Company had a January 1, balance in its Allowance for Doubtful Accounts of $7,000 for the current year. The following transactions and events affected the Allowance for Doubtful Accounts during the current year: a. What amount should appear in the allowance for doubtful accounts in the December 31, balance sheet for the current year? b. How are the direct write-off method and the allowance method applied in accounting for uncollectible accounts receivables? Please explain in words. Question #2 A company purchased a machine for $75,000 that was expected to last 6 years and to have a salvage value of $6,000. At the beginning of the machine's fourth year the company decided that the machine's estimated useful life should be revised to a total of 10 years instead of 6 years. Also, the salvage value was re-estimated to be $5,500. Straight-line depreciation was used throughout the machine's life. Calculate the depreciation expense for the fourth year of the machine's useful life. Question #3 A company sells computers at a selling price of $1,800 each. Each computer has a 2 year warranty that covers replacement of defective parts. It is estimated that 2% of all computers sold will be returned under the warranty at an average cost of $150 each. During November, the company sold 30,000 computers, and 400 computers were serviced under the warranty at a total cost of $55,000. The balance in the Estimated Warranty Liability account at November 1 was $29,000. What is the company's warranty expense for the month of November?,Sorry for the delay. Below is the missing information April 15 Bard's account receivable of 5,700 was deemed uncollectible. July 1 Drake paid the full amount of a previously written-off account receivable. (this receivable of 2,300 had been written-off in the prior year) Dec. 31 Bad debts expense of 7,500 was recorded Let me know if you are missing anything else. I truly appreciate your help.
Question 3
Question 1: Assume that you are considering the purchase of a 15-year bond with an annual coupon rate of 9.5%. The bond has face value of $1,000 and makes semiannual interest payments. If you require an 11.0% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? Question 2 5-year Treasury bonds yield 5.5%. The inflation premium (IP) is 1.9%, and the maturity risk premium (MRP) on 5-year bonds is 0.4%. What is the real risk-free rate, r*? Question 3 Niendorf Corporation's 5-year bonds yield 6.75%, and 5-year T-bonds yield 4.80%. The real risk-free rate is r* = 2.75%, the inflation premium for 5-year bonds is IP = 1.65%, the default risk premium for Niendorf s bonds is DRP = 1.20% versus zero for T-bonds, and the maturity risk premium for all bonds is found with the formula MRP = (t - 1) x 0.1%, where t = number of years to maturity. What is the liquidity premium (LP) on Niendorf s bonds? Question 4 Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investment's coefficient of variation? Question 5 Mikkelson Corporation's stock had a required return of 11.75% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the market risk premium 10 rise by 2%. The risk-free rate and the firm's beta remain unchanged. What is the company's new required rate of return? (Hint: First calculate the beta, then find the required return.) Question 6 If in the opinion of a given investor a stock's expected return exceeds its required return, this suggests that the investor thinks ??? Question 7 Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, DI?
Question 4
Need to be done in excel with full work and calculation (3-1) Days Sales Outstanding Greene Sisters has a DSO of 20 days. The company?s average daily sales are $20,000. What is the level of its accounts receivable? Assume there are 365 days in a year. (3-2) Debt Ratio Vigo Vacations has an equity multiplier of 2.5. The company?s assets are financed with some combination of long-term debt and common equity. What is the company?s debtratio? (3-3) Market/Book Ratio Winston Washers?s stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston?s market/book ratio? (3-4) Price/Earnings Ratio A company has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of 8.0. What is its P/E ratio? (3-5) ROE Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE? Intermediate Problems 6-10 (3-6) Du Pont Analysis Donaldson & Son has an ROA of 10%, a 2% profit margin, and a return on equity equal to 15%. What is the company?s total assets turnover? What is the firm?s equity multiplier? (3-7) Current and Quick Ratios Ace Industries has current assets equal to $3 million. The company?s current ratio is 1.5, and its quick ratio is 1.0. What is the firm?s level of current liabilities? What is the firm?s level of inventories? (4-1) Future Value of a Single Payment If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years? (4-2) Present Value of a Single Payment What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually? (4-6) Future Value: ordinary Annuity versus Annuity Due What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be? (4-13) A Present Value of an Annuity Find the present value of the following ordinary annuities (see the Notes to Problem 4-12). ? a. $400 per year for 10 years at 10% ? d. Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. (4-14) Uneven Cash Flow Stream Find the present values of the following cash flow streams. The appropriate interest rate is 8%. (Hint: It is fairly easy to work this problem dealing with the individual cash flows. However, if you have a financial calculator, read the section of the manual that describes how to enter cash flows such as the ones in this problem. This will take a little time, but the investment will pay huge dividends throughout the course. Note that, when working with the calculator?s cash flow register, you must enter CF0 = 0. Note also that it is quite easy to work the problem with Excel, Year Cash Stream A Cash Stream B 1 $100 $300 2 400 400 3 400 400 4 400 400 5 300 100
Question 5
Hello Mr. Harendra, I have two question that I need your help on it. 1 QUESTION -You recently published an in-house article on the liberalization and international integration of world financial markets and world stock markets. Several people have e-mailed you asking for follow-up information as well as your opinion. Compose 4?6 paragraphs of information including the following: A) Explain several important events or changes that contributed to the globalization of financial and stock markets: B) How have these changes affected the capital structure of MNCs? C) To what extent has globalization affected stock ownership and stock market activities? 2 QUESTION - Library Research Assignment Scenario As the world economy becomes more globalized, it is expected that economic integration will continue. There are 6 stages of economic integration: (1) preferential trading agreements, (2) free trade agreements, (3) customs unions, (4) common market, (5) economic and monetary union, and finally, (6) complete economic integration. Therefore, the European Union has come a long way, reaching stage 5 in 1999. It is the major monetary union of the approximately 20 monetary unions in the world today, and it is referred to as the European Economic Monetary Union, or EMU. The euro has become as important as the U.S. dollar and is being discussed as the next international currency, either replacing the U.S. dollar or sharing the position with the U.S. dollar as well as perhaps an Asian currency, such as the Japanese yen or Chinese yuan. For example, several countries are buying and selling oil in euros rather than U.S. dollars, which makes sense, given the majority of the oil transactions involve countries that use the euro. Other areas of the world are considering monetary unions, such as Southeast Asia and North America. Many countries? central banks hold U.S. dollars for transactions involving oil and other international transactions, which also helps support the value of the U.S. dollar. Library Research Assignment Your firm is expanding into Europe, and your department head has asked you to put together a report on monetary unions in general, include the following: Discuss the advantages and disadvantages relative to a nation maintaining its own individual currency. Discuss the EMU and the euro in detail, including the following: its history the countries involved its implementation how it has functioned over the last decade, noting any issues that had to be overcome How did the International Monetary Fund (IMF) reassign the special drawing rights (SDR) as a result of changing from several European currencies to the euro? Discuss whether the EMU helped or hindered the development of the European Union. Conclude the report with a brief discussion on the possible advantages and disadvantages of the amero, a possible common currency for Canada, Mexico, and the United States, which has come up in the press from time to time. Discuss why you would favor or be against a common currency for North America. Use the library and Internet to research support for your report. Use APA style for in-text citations and a list of references.
