The financial statements of Burnaby Mountain Trading Company…

The financial statements of Burnaby Mountain Trading Company are shown below. EFG Corp.Income Statement 2018 Sales $7,000,000 Costs of Goods Sold 5,000,000————————- Gross Profit $2,000,000 Selling and Administrative Expenses 1,600,000————————- EBIT $400,000 Interest Expense 150,000————————– Income Before Tax $250,000 Taxes $100,000———————— Net Income $150,000   EFG Corp.Comparative Balance Sheets 2018 2017 Cash $90,000 $80,000 Accounts Receivable 810,000 800,000 Inventory 800,000 720,000 Total Current Assets ———————$1,700,000 ——————–$1,600,000 Fixed Assets 2,600,000——————— 2,400,000     ——————-  Total Assets $4,300,000 ___________________ $4,000,000 __________________ Accounts Payable $500,000 $400,000 Bank Loans 100,000———————- 100,000———————- Total Current Liabilities $600,000 $500,000 Long-term Bonds 400,000———————- 300,000———————- Total Liabilities $1,000,000 $800,000 Common Stock (20,000 shares) 500,000 500,000 Retained Earnings 2,800,000———————– 2,700,000———————- Total Equity $3,300,000———————– $3,200,000———————- Total Liabilities and Equity $4,300,000 $4,000,000 Note: The common shares are trading in the stock market for $27 each. Refer to the financial statements of EFG Corp. The firm’s times-interest earned ratio for 2018 is _________. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx

WMT has receivables of $[receivables], inventory of $[invent…

WMT has receivables of $[receivables], inventory of $[inventory], cash of $[cash], and accounts payables of $[payables]. What is the firm’s current ratio? Round your final answer to two decimal places. Type your answer as a DECIMAL (i.e. 0.052 and not 5.20). Do not type the % symbol. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx

A corporation in a [t]% tax bracket invests in the preferred…

A corporation in a [t]% tax bracket invests in the preferred stock of another company and earns a [prer]% pretax rate of return. The after-tax return to the corporation is _______? Important: Please state your answer as percentage (i.e. 5.21 and not 0.05). Do not include the % symbol. Round your answer to the nearest two decimals.    Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx

A coupon bond that pays interest of 5% APR has a par value o…

A coupon bond that pays interest of 5% APR has a par value of $1,000, matures in 8 years, and is selling today at $785. The actual yield to maturity on this bond is _________. *Keep in mind coupons are paid semi-annually.  Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx