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Category > Business & Finance Posted 09 May 2017 My Price 15.00

The most recent financial statements for Xporter, Inc., are shown here

1.

The most recent financial statements for Xporter, Inc., are shown here:
Income Statement   Balance Sheet  
  Sales $ 5,800   Current assets $ 2,500   Current liabilities $ 2,200  
  Costs   4,400   Fixed assets   8,100   Long-term debt   3,750  
                       
  Taxable income $ 1,400           Equity   4,650  
                       
  Taxes (34%)   476     Total $ 10,600     Total $ 10,600  
                       
    Net income $ 924                  
                       
 

Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. As with every other firm in its industry, next yearAc€?cs sales are projected to increase by exactly 10 percent.

What is the external financing needed? (Round your answer to 2 decimal places. (e.g., 32.16))
  External financing needed $   

2. The most recent financial statements for Live Co. are shown here:
Income Statement   Balance Sheet  
  Sales $ 14,100   Current assets $ 10,800   Debt $ 15,300  
  Costs   8,300   Fixed assets   26,000   Equity   21,500  
                       
  Taxable income $ 5,800       Total $ 36,800       Total $ 36,800  
                       
  Taxes (40%)   2,320                  
                       
    Net income $ 3,480                  
                       
 

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external financing is possible.

What is the internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  Internal growth rate %  

3.

The most recent financial statements for Live Co. are shown here:
Income Statement   Balance Sheet  
  Sales $ 17,700   Current assets $ 11,000   Debt $ 15,500  
  Costs   13,800   Fixed assets   26,500   Equity   22,000  
                       
  Taxable income $ 3,900       Total $ 37,500       Total $ 37,500  
                       
  Taxes (40%)   1,560                  
                       
    Net income $ 2,340                  
                       
 

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 25 percent dividend payout ratio. No external equity financing is possible.

What is the sustainable growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  Sustainable growth rate %  

4.

The Boddy Shoppe has an ROA of 11 percent and a payout ratio of 23 percent.

What is its internal growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  Internal growth rate %

Rondo Corp. has an ROE of 9 percent and a payout ratio of 17 percent.

What is its sustainable growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
  Sustainable growth rate

%

Answers

Alpha Geek
(8)
Status NEW Posted 09 May 2017 10:05 AM My Price 15.00

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Attachments

file 1494327319-Answer.docx preview (530 words )
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