Gilmore, Inc., had equity of $220,000 at the beginning of the year. At the end of the year the company had total assets of $375,000. During the year, the company sold no new equity. Net income for the year was $46,000 and dividends were $6,800. a. Calculate the internal growth rate for the company. (Do not round intermediate b. Calculate the internal growth rate using ROA x b for beginning of period total assets. c. Calculate the internal growth rate using ROA x b for end of period total assets. (Do calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

In its first five years of operations, Monster Hats reports the following net income and dividends (the first year is a net loss). Required: Calculate the balance of Retained Earnings at the end of each year. Note: Negative amounts should be indicated with a minus sign. Year 1 2 3 4 5 Net Income (Loss) for the Year $ Dividends for the Year (44,000) $ 59,000 93,000 130,000 155,000 0 0 23,000 23,000 36,000 € Ending Retained Earnings 95 H

2   For the most recent year, Camargo, Inc., had sales of $562,000, cost of goods sold of $248,050, depreciation expense of $63,900, and additions of retained earnings of $76,300. The firm currently has 23,500 shares of common stock outstanding and the previous year's dividends per share were $1.45.   Assuming a 22% income tax rate, what was the times interest earned ratio? (DO NOT round intermediate calculations and round your answer 10 2 decimal places, e.g., 32016 Times interest earned: ? times

Presented below are three different transactions related to materiality. Explain whether you would classify these transactions as material. a.    Blair Co. has reported a positive trend in earnings over the last 3 years. In the current year, it reduces its bad debt allowance to ensure another positive earnings year. The impact of this adjustment is equal to 3% of net income. b.    Hindi Co. has an unusual gain of $3.1 million on the sale of plant assets and a $3.3 million loss on the sale of investments. It decides to net the gain and loss because the net effect is considered immaterial. Hindi Co.’s income for the current year was $10 million. c.    Damon Co. expenses all capital equipment under $2,500 on the basis that it is immaterial. The company has followed this practice for a number of years.

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year- end assets were $250,000. The firm's total-debt-to-total-capital ratio was 47.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations. O 14.48% 13.03% O 14.91% O 17.08% 11.29%

Firm has the following revenues. Forecast the firm's year 4 revenue using the average annual growth rate. Year 1: $17,864. Year 2: $17,149. Year 3: $19,359.

Gardial & Son has an ROA of 11%, a 5% profit margin, and a return on equity equal to 16%. What is the company's total assets turnover? What is the firm's equity multiplier? Do not round intermediate calculations. Round your answers to two decimal places. Total assets turnover:  Equity multiplier:

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Ending Balance Balance Assets 138,000 334,000 572,000 806,000 398,000 246,000 $ 2,494,000 Cash 131,000 482,000 489,000 788,000 435,000 254, 000 $ 2,579,000 Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity 389,000 1,025,000 1,080,000 $ 2,494,000 341,000 1,025,000 1,213,000 $ 2,579,000 Total liabilities and stockholders' equity Joel de Paris, Inc. Income Statement $ 5,049,000 4,241,160 807,840 Sales Operating expenses Net operating income Interest and taxes: $ 125,000 202,000 Interest expense Тах expense 327,000 Net income 480,840

Wildwoods, Inc. earned $1.50 per share five years ago. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? show work

Do not use ai don't