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What did you like least about MGMT 303?

What do you find to be most helpful in this course (i.e. readings, lectures, activities, quizzes)?

What would you change and what would you keep the same?

Exhibit 4.1The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet (Millions of $)Assets 2016Cash and securities $3,000Accounts receivable 15,000Inventories 18,000Total current assets $36,000Net plant and equipment $24,000Total assets $60,000Liabilities and Equity Accounts payable $18,630Accruals 8,370Notes payable 6,000Total current liabilities $33,000   Long-term bonds $9,000Total liabilities $42,000Common stock $5,040Retained earnings 12,960Total common equity $18,000Total liabilities and equity $60,000  Income Statement (Millions of $)2016Net sales $84,000Operating costs except depreciation78,120Depreciation 1,680Earnings before interest and taxes (EBIT)$4,200Less interest 900Earnings before taxes (EBT) $3,300Taxes 1,320Net income $1,980   Other data:  Shares outstanding (millions) 500.00Common dividends (millions of $) $693.00Int rate on notes payable & L-T bonds6%Federal plus state income tax rate40%Year-end stock price $47.52Refer to Exhibit 4.1. What is the firm’s ROA? Do not round your intermediate calculations.

Because the U.S. tax system is a progressive tax system, a taxpayer’s marginal and average tax rates are the same.

Your uncle has $250,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting at the end of this year. He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end?

Taggart Technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. The stock issue would have no effect on total assets, the interest rate Taggart pays, EBIT, or the tax rate. Which of the following is likely to occur if the company goes ahead with the stock issue?

Explain why is it important to learn about chemistry in a biology class? Include at least 1 researched example.  Your answer should include internal citations in APA format (see the last question in the assignment concerning submitting references). *Remember for Critical Thinking Questions that only peer reviewed  sources are acceptable. Examples of primary peer reviewed sources are research articles in academic journals. Examples of secondary peer reviewed sources are meta-analysis articles in academic journals. 

Suppose Community Bank offers to lend you $10,000 for one year at a nominal annual rate of 6.50%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. What is the effective annual rate on the loan?

One of the four most fundamental factors that affect the cost of money as discussed in the text is the risk inherent in a given security. The higher the risk, the higher the security’s required return, other things held constant.