Question: please answer all 4 multiple choice questions Question 5 Refer to the information from the financial statements of Topaz Corp. for Year 2 and Year


please answer all 4 multiple choice questions Question 5 Refer to the information from the financial statements of Topaz Corp. for Year 2 and Year 1. Year 2 Year 1 Net income $200,000 $130,000 Cash dividends paid on preferred stock $20,000 $21,000 Cash dividends paid on common stock $30,000 $28,000 Weighted average number of common shares outstanding $120,000 $100,000 Earnings per share is reported on the Year 2 income statement as: $1.80. $ 0.32. $1.50 $ 0.40. Present value of an Annuity of S1 in Arrears 0.9.26 Periods 1% 1 962 2 .886 3 2.775 1% 1943 1.833 2,673 1.783 2.577 3.312 3.993 4.623 0.909 1.736 2.487 3.170 3.791 4.355 3.605 9 733 7435 103.111 5210 5.802 .360 1946 6:247 6.710 3.799 6.145 5.216 Lucas Company is considering a project with an initial investment of $530.250 in new equipment that will yield annual net cash flow of $95.000, and will be deprecated at $75.750 per year over What is the internal rate of return? seven your life 10% Which of the following is a common measure of the liquidity of a company? The equity ratio The quick ratio The profit ratio The growth ratio Which of the following is preferred by managers when the risk of obsolescence is high? A short payback period A high opportunity cost A low accounting rate of return All of these None of these
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
