Question: use the table above for all questions use the table above for all questions General Posts Files Class Notebook Assignments DokchiNA 301 MI... 1 more













use the table above for all questions
use the table above for all questions
General Posts Files Class Notebook Assignments DokchiNA 301 MI... 1 more Hi AMINU, when you submit this for the owner will be able to see your name and email address The Gold Mining Company reports the following balance sheet and income statement information for 2014 and 2015, INCOME STATEMENTS (millions of Ss) Year: 2014 Year: 2015 Sales 1,000 1,200 850 Operating costs Depreciation 1,020 25 30 EBIT 125 150 Interest Expense 20.2 21.7 Earnings before tax 104.8 128.3 Tax 41.9 51.3 Net income 62.9 77,0 Dividends 60.5 Activate Wind Go to Settings to eral Posts Files Class Notebook Assignments Doldur FINA 301 MI... 1 more 2 ASSETS Cash AIR Inventories Total current assets 2014 10 150 200 360 BALANCE SHEET (millions of Ss) 2015 LIAB &OWNERS' EQUITY 12 Notes pay 180 Accts payable 180 Total current liability 372 Long-term bonds Toto Total debt 300 Common stock (50 ml, shares Retained Earnings Total equity 2014 90 111.5 201.5 150 351.5 50 208.5 258.5 2015 108 139 247 150 397 50 225 275 Fixed Assets, Net 250 Total Assets $ 610 $ 672 Total Liabilities & Equity $ 610 $672 3 According to information given above, calculate the equity multiplier for the year 2015. (10 Points) Activate Window Go to Settings toctiv O 200 PSC 3 According to information given above, calculate the equity multiplier for the year 2015. (10 Points) 2.00 2.14 2.44 1.96 According to information given above, calculate the total asset turnover for the year 2014. (10 Points) 1.64 1.51 c 1.95 1.44 General Posts Files Class Notebook Assignments Doldur FINA 301 MI... 1 more 5 According to information given above calculate the sustainable growth rate for the year 2015. (10 Points) Note: If you don't see your answer below choose the CLOSEST option. 5.20% 8.40% 4.55% 6.56% You plan to make a series of deposits in an interest-bearing account. You will deposit $3.000 today, $5,000 in two years and $6,000 in five years. If you withdraw $5,000 in three years and $3.000 in seven years, how much will you have after eight years if the interest rate is 9%? (10 Points) Note: If you don't see your answer below choose the CLOSEST option 11,170 10,950 7,650 13.040 7 If you invest $3500 every six months, how much will you have at the end of 8 years with an interest rate of 9%? (10 Points) Note: If you don't see your answer below choose the CLOSEST option 80,560 55,480 79,517 83,650 Search or type a command General Posts Files Class Notebook Assignments Doldur FINA 301 MI... 1 more 8 You want to have $17,000 for a down payment on a land 6 years from now. If you can earn 8 percent, compounded quarterly, on your savings, how much do you need to deposit to reach your goal? (10 Points) Note: If you don't see your answer below choose the CLOSEST option 480,69 558,81 600 510,25 Search or type a command AI General Posts Files Class Notebook Assignments Doldur FINA 301 MI... 1 more 9 Sunny World company has a debt-equity ratio of 0.90, Return on assets is 8.4 percent and total equity is $430,000. What is the equity multiplier of the company? (10 Points) 19 1.55 O 1.8 2.1 10 Taxable income 0-50.000 50,001 - 75.000 75.001 - 100.000 100,001 -335.000 Tax rate 15% 2596 34% 3996 Activate W Go to Settings 11 Sunny World company has a debt-equity ratio of 0.90. Return on assets is 8.4 percent and total equity is $430,000. What is the equity multiplier of the company? (10 Points) 1.9 1.55 O 1.8 2.1 10 11 According (10 Points) data given above, what is company's total tax bill? (company income is $250,000 79,560 80,750 93,200 80.500 12 According to information given above, what is the company's average tax rate? (company income is $250,000) (10 Points) 0.323 0.444 0.300 0.360 3 According to information given above, what is the company's marginal tax rate? (company income is $250,000) (10 Points) 0,15 0,25 0,34 0,39
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