Question: Need quick help on one problem. Can you respond in 1 hour? value: 10.00 points -2-2 http:/ /ezto.mhedu The following table presents the long-term liabilities

Need quick help on one problem. Can you respond in 1 hour?

value: 10.00 points -2-2 http:/ /ezto.mhedu The following table presents the long-term liabilities and stockholders' equity of Information Control Corp. one year ago: Long-term debt Preferred stock Common stock ($1 par value) Capital surplus Accumulated retained earnings $ 66,500,000 4,150,000 16,500,000 46,500,000 136,500,000 During the past year, the company issued 11.5 million shares of new stock at a total price of $61 million, and issued $36.5 million in new long-term debt. The company generated $12 million in net income and paid $3.5 million in dividends. Prepare the current balance sheet reflecting the changes that occurred at the company during the year. (Do not round intermediate calculations. Enter your answers in dollars, not millions of dollars, e.g., 1,234,567.) Information Control Corp. Current Balance Sheet $ Long-termdebt 1030000 $ Total long-term debt 1030000 Shareholders equity $ 4,150,000 Preferred stock 2 28,000,000 Common stock 2 Capital surplus 2 Accumulated retained earnings 2 Total equity Total Liabilities & Equity $ $ HW #4 Page 1 of 1 EMBA FlN526 spring 2017: FINS26 Gary Miller HW #4 instructions i help 4 value: 4.00 points Suppose you are offered $9.600 today but must make the following payments: Year Cash Flows (S) 0 3 9,6(1) 1 -5,000 2 -3,700 3 a. What is the RR of this oer? (Do not round lntemtediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) IRR I '36 b. If the appropriate discount rate is 12 percent, should you accept this offer? 0 Accept O Reied c. if the appropriate discount rate is 23 percent, should you accept this offer? 0 Accept O Reject d-1. What is the NPV of the offer if the appropriate discount rate is 12 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, ego, 32.16,) NPV $ d-Z. What is the NPV of the otter if the appropriate discount rate is 23 percent? (A negative answer should be indicated by a minus sign. Do not round lnten'nediate calculations and round your answer to 2 decimal places. e.g., 32.16.) NPV 5' References eBook 8. Resources Worksheet Difculty: 2 intermediate Sections 5 5 Problems with the [RR Approach Check my work @2017 McGraw-Hiii Education. All rights reserved. http://ezto.mheducation.com/hm.tpx?_=0.7144653931888243_1488652556614 3/4/2017 HW #4 Page 1 of 1 EMBA FlN526 spring 2017: FINS26 Gary Miller HW #4 instructions i help 4 value: 4.00 points Suppose you are offered $9.600 today but must make the following payments: Year Cash Flows (S) 0 3 9,6(1) 1 -5,000 2 -3,700 3 a. What is the RR of this oer? (Do not round lntemtediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) IRR I '36 b. If the appropriate discount rate is 12 percent, should you accept this offer? 0 Accept O Reied c. if the appropriate discount rate is 23 percent, should you accept this offer? 0 Accept O Reject d-1. What is the NPV of the offer if the appropriate discount rate is 12 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, ego, 32.16,) NPV $ d-Z. What is the NPV of the otter if the appropriate discount rate is 23 percent? (A negative answer should be indicated by a minus sign. Do not round lnten'nediate calculations and round your answer to 2 decimal places. e.g., 32.16.) NPV 5' References eBook 8. Resources Worksheet Difculty: 2 intermediate Sections 5 5 Problems with the [RR Approach Check my work @2017 McGraw-Hiii Education. All rights reserved. http://ezto.mheducation.com/hm.tpx?_=0.7144653931888243_1488652556614 3/4/2017
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