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The balance sheet of Colton Corporation shows long-term debt of $50 million and shareholder equity of $50 million, while their income statement shows EBIT of $16.5 million and interest expenses of $5 million.  If Colton has a tax bracket of 40%, what is their return on equity (ROE)?   Your answer should be between 8.94 and 17.46, rounded to 2 decimal places, with no special characters.

Ocean Power Technologies has $300 million of common equity, with 12.2 million shares of common stock outstanding. If their Market Value Added (MVA) is $216 million, what is the company’s stock price?   Your answer should be between 27.52 and 50.98, rounded to 2 decimal places, with no special characters.

Byron Books Inc. recently reported $13 million of net income.  Its EBIT was $20,475,000, and its tax rate was 35%.  What was its interest expense? Your answer should be between 140,000 and 725,000, rounded to even dollars (although decimal places are okay), with no special characters.

Innovative Designs recently reported $230,000 of sales, $140,500 of operating costs other than depreciation, and $9,200 of depreciation. The company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its tax rate was 35%.  In order to sustain its operations, the firm spent $15,250 on new fixed assets (capital expenditures) and invested an additional $6,050 in net operating working capital.  What was the firm’s free cash flow (FCF)?   Your answer should be between 38000 and 42000, rounded to even dollars (although decimal places are okay), with no special characters.

Byron Books Inc. recently reported $13 million of net income.  Its EBIT was $20,500,000, and its tax rate was 35%.  What was its interest expense? Your answer should be between 140,000 and 725,000, rounded to even dollars (although decimal places are okay), with no special characters.

The previous year’s balance sheet for Brown’s Produce showed total common equity of $4,050,000 and 140,000 shares of stock outstanding.  During the year, the firm had $450,000 of net income, and it paid out $100,000 as dividends.  What was the book value per share at the end of the year, assuming no common stock was either issued or retired during 2016?   Your answer should be between 16.42 and 37.15, rounded to 2 decimal places, with no special characters.

Valero Energy’s balance sheet showed total current assets of $3,000, all of which were required in operations (i.e., no excess cash). Its current liabilities consisted of $805 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. What was its net operating working capital (NOWC)?   Your answer should be between 1672 and 2027, rounded to even dollars (although decimal places are okay), with no special characters.

A national retailer uses 15,000 SF of store space and will use a 25-year evaluation period at a 20% discount rate to assess NPV. Assume that the property would lease for $23 per foot (absolute net) with $5 per foot in operating expenses. What is the approximate NPV of leasing?

Suppose that you purchased a house with a $120,000 mortgage (30-year fixed at 6%) five years ago. The loan balance is currently $111,665 and you can refinance that amount at 4.8% with another 30-year fixed rate mortgage. What would be the difference in the monthly payment?

A molecule that is carrying a positive charge: