FREE Trial

The Caughlin Company has a long-term debt ratio of .35 and a current ratio of 1.30. Current liabilities are $910,

Question:

The Caughlin Company has a long-term debt ratio of .35 and a current ratio of 1.30. Current liabilities are $910, sales are $6,430, profit margin is 9.5 percent, and ROE is 18.5 percent. What is the amount of the firm’s net fixed assets?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 58% (12 reviews)

Input area Long term debt ratio 0 35 Current ratio 1 30 Cur…View the full answer


answer-question
Answered By
tutor-profile-image
Satpal Singh
I am post graduate in physics. I have qualified GATE, CSIR NET, & I have 6 years experience, I teach jee and neet for entrance exam
0.00 0 Reviews 10+ Question Solved
Related Book For  answer-question
Fundamentals of corporate finance

Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

See More Books
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: March 13, 2014 07:56:45
See More Questions

Students also viewed these Corporate Finance questions

Q:
The Caughlin Company has a long-term debt ratio of .45 and a current ratio of 1.25. Current liabilities are $987, sales are $6,860, profit margin is 8.6 percent, and ROE is 17.5 percent. What is the...
A:
Input area Long term debt ratio 0 45 Current ratio 1 25 Cur......
Q:
A financial services company has a long list of potential projects to consider this year. Managers at this company must decide which projects to pursue and how to define the scope of the projects...
A:
Click to View...
Q:
A few months after joining university, YOU got a casual job as a finance trainee in a financial firm via Work Integrated Learning which is part of your bachelors degree at Deakin University. You...
A:
Question What is the ethical Dilemma in this case The ethical dilemma in this case is whether or not to tell Minh Alessandro about the pending investigation into Li Jessica s personal property On the......
Q:
The 32-kg spool of outer radius r, = 420 mm has a centroidal radius of gyration k = 265 mm and a central shaft of radius r; = 155 mm. The spool is at rest on the incline when a tension T= 243 N is...
A:
Click to View...
Q:
A spherical tank of diameter 48 in. and wall thickness 1.75 in. contains compressed air at a pressure of 2200 psi. The tank is constructed of two hemispheres joined by a welded seam (see figure). (a)...
A:
r 24 in E 30 10 6 psi t 1 75 in v 0 29 steel a TEN......
Q:
Suppose the cell phone manufacturer Samsung Electronics provides the following information for its costs last month (in hundreds of thousands): Requirements 1. Classify each of these costs according...
A:
Reqs 1 2 and 3 Samsung Electronics Cost Classification Production R D Design......
Q:
For AGI deductions of individual taxpayers that are connected with either a trade or business or a rental activity are reported differently than other for AGI deductions reported as Adjustments to...
A:
Expenses of a self employed individual are netted against the income from his business ac......
Q:
Prescott Industries transports sand and stone extracted from its open-pit mines located in Odessa and Bryan to its concrete block manufacturing facilities in Abilene, Tyler, and San Angelo. For the...
A:
Prescott Industries The cost minimizing solution is to ship 8000 l......
Q:
On January 1, 2024, the general ledger of Dynamite Fireworks includes the following account balances: Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings...
A:
Journal Entries No Date Account Titles and Explanation Debit Credit No Date Account Titles and Explanation Debit Credit 1 Jan 2 Prepaid Rent 11 400 00 5 Jan 20 Salaries Expense 13 300 00 Cash 11 400 0......
Q:
Following are the 2011 financial statements for these three companies Curle made numerous transfers of inventory to Lance since the takeover 112000 2010 and 140000 2011 These transactions included...
A:
POJiticulars Amount C FOJT the investiment in curleco fais volue of cansidon atian taan......
Q:
A company has net income of $179,000, a profit margin of 8.3 percent, and an accounts receivable balance of $118,370. Assuming 70 percent of sales are on credit, what is the companys days sales in...
A:
Input area Net income 179 000 Profit margin......
Q:
In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $2 to go buy $50 worth of groceries, then your child makes twice as much on...
A:
Input area Child s payment 2 00 Amount purchased 50 Sales 680 Net income 13 6 Tota......
Q:
Expand the expression. If possible, write your answer without exponents. X 3 V In
A:
In 3 ln......
Q:
Assume that you have some shares of stock in ABC Inc. Why do we say that if you also purchase a put option on the same stock, the price paid to buy the put option is like paying an insurance premium?
A:
When you purchase a put option on a stock you already own it s often compared to paying an insurance......
Q:
A replay attack is an attack where the attacker intercepts messages sent over the network and resends it to the receiver to fool the receiver into doing what the attacker wants. Describe a scenario...
A:
Scenario Imagine an online banking system where users can transfer funds between their accounts To e......
Q:
A news radio program has 3 commercial breaks per half-hour of programming. What is the unit rate of commercials to hours of programming? State what strategy and tool you will use to answer the...
A:
The unit rate is the ratio of two different quantities with different units typically ex......
Q:
The current market conditions have a 12 percent market risk premium on the powerplant with the risk-free rate being 5-percent. The local government has a fixed tax rate of 35 percent. Senior...
A:
To calculate the Weighted Average Cost of Capital WACC you ll need to find the cost of each component of the capital structure Debt Common Stock and P......
Q:
Research about the prison experience from three different perspectives: males, females, and elderly. Discuss the different experiences these groups might have.
A:
The prison experience can vary significantly based on gender and age with distinct challenges and circumstances impacting males females and the elderly differently 1 Males In the context of the male p......
Q:
Francesconi, Lunelli, and Comelli studied the liquidvapour equilibria of trichloromethane and 1,2-epoxybutane at several temperatures (Francesconi et al., J. Chem. Eng. Data 41, 310 (1996)). Among...
A:
Raoult s Law states that the activity coefficient of a component in an ideal solution is equal to it......
Q:
How do network effects help Facebook fend off smaller social-networking rivals? Could an online retailer doing half as much business compete on an equal footing with Amazon in terms of costs? Explain.
A:
The purpose of social networking sites it to interact with other people The fact......
Q:
Crossover Bonds Looking back at the crossover bonds we discussed in the chapter, why do you think split ratings such as these occur?
A:
Bond ratings have a su......
Q:
Municipal Bonds why is it that municipal bonds are not taxed at the federal level, but are taxable across state lines? Why are U.S. Treasury bonds not taxable at the state level? (You may need to...
A:
As a general constitutional principle the federal gove......
Q:
Bond Market what are the implications for bond investors of the lack of transparency in the bond market?
A:
Lack of transparency means that a......
Stem Cells Basics And Clinical Translation 1st Edition - ISBN: 9401772738 - Free Book