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Category > Business & Finance Posted 09 May 2017 My Price 6.00

The most recent financial statements for Xporter

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

%

 

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Status NEW Posted 09 May 2017 02:05 PM My Price 6.00

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