[Solved] Assignment 217865

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Subject: Business    / Finance
Question
QUESTION 4Casey’s Flower Shop has a cost of debt of 8 percent, a cost of equity of 12 percent, and a cost of preferred stock of 9 percent. The market capitalization of the common stock is $1,500,000. Preferred stock has a total market value of $200,000. The bond issue has a market value of $700,000. The company’s tax rate is 34 percent. What is the firm’s weighted average cost of capital?11.77%11.00%8.27%9.79%10.46%QUESTION 11Last year Domino’s Pizza had sales of $500,000 and a net income of $25,000, and its year-end assets were $250,000. The firm’s total-debt-to-total-asset ratio was 45.0%. Based on the DuPont equation, what was the ROE?14.51%18.18%13.82%15.23%16.00%American Enterprises has the following income statement. How much after-tax operating income does the firm have?Sales $2,250
Costs 1,400
Depreciation 250
EBIT $ 600
Interest expense 70
EBT $ 530
Taxes (40%) 212
Net income $ 318$325$360$342$397$3786. You are given the following information: Risk free rate is 3.75%, Maturity risk premium is 1%, Default risk premium is 2%. What is the expected interest rate for a U.S. Treasury bill?2.5%3.75%3.0%5.5%None of the above7. Pluto Inc. recently issued bonds that mature in 10 years. The bonds have a par value of $1,000 and a coupon rate of 13%. Coupon payments are made semi-annually. What is the market price of the bond if the yield to maturity is 15%?$931.14$912.38$898.06$879.16$846.86QUESTION 8Last year, Solar Energy had sales of $400 million, and its inventory turnover ratio was 4.0. The company’s current assets totaled $200 million, and its current ratio was 1.2. What was the company’s quick ratio?0.600.451.200.551.39

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