Guns and Hoses Corp - Financial Management
Not what you're looking for?
1) The prices for the Guns and Hoses Corporation for the first quarter of 2005 are given below. Find the holding period return for February.
Month End Price
January $135.28
February 119.40
March 141.57
2) If a corporation has operating income of $10,500,000 and it receives $245,000 in interest income and $312,000 in dividend income, what is the firm's taxable income?
A)$11,057,000 B) $9,838,600
C)$10,812,000 D) $10,838,600
3)If you want to have $2,500 in 54 months, how much money must you put in a savings account today? Assume that the savings account pays 3.8% and it is compounded quarterly (round to nearest $10).
A)$330 B) $1,500 C) $2,110 D) $2,080
4)
A corporation has annual sales of $10 million, total assets of $5 million, a debt ratio of 40%, depreciation expense of $200,000, and a tax rate of 30%. The corporation's total stockholders' equity is equal to:
A)$3,000,000 B) $3,560,000
C)$12,000,000 D) $2,100,000
Purchase this Solution
Solution Summary
This solution is comprised of a detailed explanation to answer the financial management problems.
Solution Preview
1) The prices for the Guns and Hoses Corporation for the first quarter of 2005 are given below. Find the holding period return for February.
Month End Price
January $135.28
February 119.40
March 141.57
Answer: 18.57%
(141.57 - 119.40)/119.40
2) If a corporation ...
Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Operations Management
This quiz tests a student's knowledge about Operations Management
Introduction to Finance
This quiz test introductory finance topics.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.