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Graham Auto Parts has current sales of $42,700, EBIT of $9,700, net income of $6,600, interest expense of $1,360, and dividends paid of $1,925. Assume the net profit margin, debt-equity ratio, and dividend payout ratio are held constant. Sales are expected to increase by $8,000 next year. What is the projected change to retained earnings for next year?

Echo Point has sales of $2,800, total assets of $1,900, and a debt-equity ratio of .5. Its return on equity is 15 percent. What is the net income?

You have just started a new job and plan to save $5,400 per year for 32 years until you retire. You will make your first deposit in one year. How much will you have when you retire if you earn an annual interest rate of 9.26 percent?

Muro Press has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How many dollars’ worth of sales are generated from every $1 in total assets?

What is the present value of $45,000 to be received 50 years from today if the discount rate is 8 percent, compounded annually?

Which one of the following is classified as a tangible fixed asset?

The value today of the following cash flows is $6,423.71 at an interest rate of 5.8 percent. What is the value of the Year 3 cash flow? Year Cash Flow 1 $ 1,665 2 1,845 3 ? 4 2,505

Rocky Top has a capital intensity ratio of .87 at full capacity. Currently, total assets are $48,900 and current sales are $53,600. At what level of capacity is the firm currently operating?

The Connection has an equity multiplier of 1.13, a total asset turnover of .56, and a net profit margin of 18.8 percent. What is the return on assets?

Your parents are giving you $165 a month for 4 years while you are in college. At an interest rate of .34 percent per month, what are these payments worth to you when you first start college?