finc600 Week 7 Assignment - Homework Problems
finc600 Week 7 Assignment - Homework Problems Click Link Below To Buy: http://hwcampus.com/shop/finc600-week-7-assignment-homework-problems/ Instructions NAME: To complete the homework assignments in the templates provided: 1. The question is provided for each problem. You may need to refer to your textbook for additional information in a few cases. 2. You will enter the required information into the shaded cells. 3. The cells are coded: a) T requires a text answer. Essay questions require references; use the textbook. b) C requires a calculation, using Excel formulas or functions. You cannot perform the operation on a calculator and then type the answer in the cell. You will enter the calculation in the cell, and only the final answer will show in the cell. I will be able to review your calculation and correct, if necessary. c) F requires a number only. In some problems, a Step 1 is added to help you solve the problem. d) Formula requires a written formula, not the numbers. For example, the rate of return = [(1 + nominal)/ (1+inflation)]-1, or D (debt) + E (equity) = V (value). 4. Name your assignment file as "lastnamefirstinitial-FINC600-Week#", and submit by midnight ET, Day 7. Instructions: Please refer to your book for assistance with your homework. Post your work in the worksheet. Highlight your final answer. Problem 18-2 Table 18.11 (p. 484 and also provided below) gives abbreviated balance sheets and income statements for Estee Lauder Companies. Calculate the following ratios: ? Answers: a. Ratio Return on assets Net Income/Average Total Assets b. Operating profit margin EBIT/Sales c. Sales-to-assets ratio Total Sales/ Total assets at start 1.92 d, Inventory turnover COGS/ Inventory at start 2.33 e. Debtequity ratio Long term debt at end/Total Shareholder equity at end 0.65 f. Current ratio Total current assets at the end/Total current liabilities at the end 1.64 Quick ratio (Cash and Mkt Securities + Account receivable at the end)/Total current liabilities at the end 0.85 g. Formula (in words) Calculation TIP: Interest rate - p. 468 0.104 0.103 Principles of Corporate Finance, Concise, 2nd Edition Instructions: Please refer to your book for assistance with your homework. Post your work in the worksheet. Highlight your final answer. Problem 19-11 If a firm pays its bills with a 30-day delay, what fraction of its purchases will be paid in the current quarter? In the following quarter? What if the delay is 60 days? Step 1: Worksheet - 30 day delay 2012 Qtr. 4 2013 Qtr.1 2013 Qtr.2 2013 Qtr.3 2013 Qtr.4 Month of Purchase Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month for Payment T T T T T T T T T T T T T Step 2: Answers: 30 day delay - Payment made at end of 2013 Qtr1 Fraction from last quarter F Fraction from this quarter F Fraction for next quarter F 60 day delay - Payment made at end of 2013 Qtr1 Fraction from last quarter F Fraction from this quarter F Fraction for next quarter F Worksheet - 60 day delay 2012 Qtr. 4 2013 Qtr.1 2013 Qtr.2 2013 Qtr.3 2013 Qtr.4 Month of Purchase Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month for Payment T T Instructions: Please refer to your book for assistance with your homework. Post your work in the worksheet. Highlight your final answer.
