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Curtis and Company currently has annual sales of $52,600, net fixed assets of $38,900, and total assets of $56,300. The firm is currently operating at 79 percent of capacity. What is the capital intensity ratio at full capacity?

Morgan Corporation has a debt-equity ratio of 48 percent, sales of $829,000, net income of $47,300, and total debt of $206,300. What is the return on equity?

Fowler is expected to pay a dividend of $1.63 one year from today and $1.78 two years from today. The company has a dividend payout ratio of 45 percent and the PE ratio is 18.05 times. If the required return on the company’s stock is 11 percent, what is the current stock price?

Silky Smooth has an EPS of $2.81 per share and a profit margin of 5.9 percent. If the PS ratio is 1.44 times, what is the stock price?

Mariota Corporation just paid a dividend of $3.70 per share on its stock. The dividend growth rate is expected to be 3.8 forever and investors require a return of 12.4 percent on this stock. What will the stock price be in 9 years?

Schuetz Wholesale has net income of $12,400, a tax rate of 21 percent, and interest expense of $1,600. What is the times interest earned ratio for the year?

You have some property for sale and have received two offers. The first offer is for $89,500 today in cash. The second offer is the payment of $35,000 today and an additional guaranteed $70,000 two years from today. If the applicable discount rate is 11.5 percent, which offer should you accept and why?

Charles owns a reverse convertible bond. At maturity, the principal amount will be repaid in:

Island News purchased a piece of property for $2 million. The firm paid a down payment of 20 percent in cash and financed the balance. The loan terms require monthly payments for 25 years at an APR of 5.5 percent compounded monthly. What is the amount of each mortgage payment?

You want to have $24,000 saved 3 years from today in order to make a down payment on a house. To fund this, you will make deposits each week from your paycheck into an account that will earn 4.78 percent compounded weekly. How much must you deposit each week?