Last year Atlantic Richfield had sales of $325000 Net income of $27200 The firm finances using only debt and common equity and total assets equal total invested capital. Year ended assets $250000 Debt ration was 15% What was their

A firm has total debt of $1,430 and a debt-equity ratio of .28. What is the value of the total assets? Multiple Choice $6,53714 $4,004.00 $5,107.14 $1,830.40 $2,800.00

Here is Icknield’s market-value balance sheet (figures in $ millions): Net working capital $550 Debt $800 long term assets $2,150 Equity $1,900 value of firm $2,700   $2,700 The debt is yielding 7%, and the cost of equity is 14%. The tax rate is 21%. Investors expect this level of debt to be permanent.  a. What is Icknield’s WACC?   b. How would the market-value balance sheet change if Icknield retired all its debt?

The following data apply to Bright-Side Condos Ltd. (millions of dollars): Cash and Marketable Securities Fixed Assets Sales Net Income Quick Ratio Current Ratio Days Sales Outstanding Return On Equity $100 $283.50 $1,000.0 $50.00 2.0X 3.0X 40 days 12% Compute the company's (1) accounts receivable (2) current liabilities (3) current assets, (4) total assets, (5) Return On Assets, (6) common equity, and (7) long-term debt.

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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 17.5%. 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 a. 9.49% O b. 11.52% O c. 9.21% O d. 7.74% O e. 9.86%

a. Last year Harrington Inc. had sales of $654,000 and a net income of $89,000, and its year-end assets were $270,000. The firm's total-debt-to-total-capital ratio was 45.0%. 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?