Homework Helper

Not Rated (0)

$17/per page/

About Homework Helper

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Art & Design,Chemistry,Economics,Essay writing Hide all
Teaching Since: Apr 2017
Last Sign in: 418 Weeks Ago, 6 Days Ago
Questions Answered: 3232
Tutorials Posted: 3232

Education

  • MBA,MCS,M.phil
    Devry University
    Jan-2008 - Jan-2011

  • MBA,MCS,M.Phil
    Devry University
    Feb-2000 - Jan-2004

Experience

  • Regional Manager
    Abercrombie & Fitch.
    Mar-2005 - Nov-2010

  • Regional Manager
    Abercrombie & Fitch.
    Jan-2005 - Jan-2008

Category > Business & Finance Posted 19 May 2017 My Price 8.00

The simplified balance sheet for Rensselaer

The simplified balance sheet for Rensselaer Felt (in thousands) is as follows: Cash and marketable securities $2,900 Short-term debt $77,000 Accounts receivable 121,400 Accounts payable 63,400 Inventory 126,400 Current liabilities $140,400 Current assets $250,700 Property, plant, and equipment 306,200 Long-term debt 210,000 Deferred taxes 46,400 Other assets 87,600 Shareholders' equity 247,700 Total $644,500 Total $644,500 The debt has just been refinanced at an interest rate of 7.00% (short term) and 9.00% (long term). The expected rate of return on the company's shares is 16.00%. There are 7.60 million shares outstanding, and the shares are trading at $42. The tax rate is 34%.

 

View less »

Answers

Homework Helper
Not Rated (0)
Status NEW Posted 19 May 2017 01:05 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)