FIN 320 Milestone 2 TN
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5-2 Milestone Two: Southern New Hampshire University
FIN 320- Principles of Finance
Professor Alvin Hathaway
Tania Nora
April 7, 2024
Financial Calculations
Below you will find the results from the most recent quarter December 31, 2023, with its comparison from the previous year December 31, 2022.
12/31/2023
12/31/2022
A.
Working capital
$590,0088,000.00
$253,957,000.00
B.
Current ratio
1.572553548
1.275477286
C.
Debt ratio
0.619335008
0.658170822
D.
Earnings per share
$44,592.16
$32,282.54
E.
Price and earnings ratio
8.40995739
11.5551425
F.
Total asset turnover ratio
1.227151264
1.24643046
G.
Financial leverage
$2626.98
$2925.44
H.
Net profit margin
124.4713016
0.104127068
I.
Return on assets (ROA)
0.152745115
0.12978715
J.
Return on equity (ROE)
45.26
38.54
The current ratio is 1.572, with a debt ratio of 0.619
versus its ratio the year before was lower at 1.275
and its debt ratio higher at 0.658
. This shows that Chipotle is making the necessary moves to lower its debts. You can also tell from its working capital in 2023-
$590,0088,000.00
and from 2022-$253,957,000.00
that it has almost doubled in a year.
From the data acquired you can see that Chipotle grew financially over the year and shows that it has a healthy financial growth. You can also see that in the ROA, that in the
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Related Questions
sd
subject-Accounting
You are considering an investment that will pay $24668 in 20 years. If the interest rate is 13.79%, what is the most you should be willing to invest today? (Round to 2 decimal places.)
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B ch01 (Fall 2021
w https://education.wiley.
B Present Value Tables (1.
Final Exam (Fall 2020)
- Final Exam (Fall 2020)
-/6
Question 24 of 50
View Policies
Current Attempt in Progress
Sheridan Manufacturing Company expects the following sales in January, February, and March:
Cash
Credit
Sales
Sales
$50900
$250500
January
February
$45900
$240500
March
$85000
$325000
The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month
after sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from
customers in March?
O $352150
O $364675
O $410000
O $279675
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Submit Answer
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Y8
Savings Calculator Initial Savings Balance $ 19,000.00
Deposit Amount Per Period $ 360.00
Deposit Interval Monthly
Number of Deposits 12
Annual Rate of Return 3.250%
Ending Balance $0.00
January 31, 2022
February 28, 2022
March 31, 2022
April 30, 2022
May 31, 2022
June 30, 2022
July 31, 2022
August 31, 2022
September 30, 2022
October 31, 2022
November 30, 2022
December 31, 2022
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Finance
Initial Investment
$17,766
End of Year
Income
1
$5,919
2
$4,285
3
$5,143
4
$3,532
5
$1,800
(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)
pop-up content ends
PrintDone
Justin Lieberman must earn a minimum rate of return of 9.22% as compensation for the risk of the following investment:
a. Use present value techniques to estimate the IRR on this investment.
b. On the basis of your finding in part
a,
should Justin make the proposed investment?
Question content area bottom
Part 1
a. The yield on this investment is
enter your response here%.
(Round to two decimal places.)
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On January 1, 2022, Affable Co. contracted with a contractor to construct a building for P20,000,000. The entity
is required to make five payments in 2022 with the last payment scheduled on the date of completion. The
building was completed on December 31, 2022. The entity made the following payments during 2022:
January 1
P 2,000,000
March 31
4,000,000
June 30
6,100,000
September 30
4,400,000
December 31
3,500,000
20,000,000
The entity had the following debt outstanding on December 31, 2022:
12% 4-year note dated January 1,
8,500,000
2022, with interest compounded
quarterly, both principal and interest
due December 31, 2025, relating
specifically to the building project.
Round off future value factors to four
(4) decimal places (e.g., 6.6667)
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Question Content Area
Assuming a 360-day year, when a $15,586, 90-day, 7% interest-bearing note payable matures, total payment will be
a.$1,091
b.$16,677
c.$15,859
d.$273
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Problem 2
ABM Enterprise would like to evaluate/analyze an investment proposal.Given the following:Investment amount - 450,000 (2022)Dividends / Revenue stream - 100,000 for the first year and an interval of 5,000 for thesucceeding yearsDiscount rate - 14%
a. NPV for the perio 2023 through 2029;b. Total NPV using manual computation;c. Total NPV using the Excel function; andd. IRR rate.
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Question 15 of 20
View Policies
Current Attempt in Progress
Thomas Fowler borrowed $93,860 on March 1, 2023. This amount plus accrued interest at 8% compounded semiannually is to be
repaid March 1, 2033. To retire this debt, Thomas plans to contribute to a debt retirement fund five equal amounts starting on March
1,2028, and for the next 4 years. The fund is expected to earn 7% per annum.
Click here to view factor tables.
How much must be contributed each year by Thomas Fowler to provide a fund sufficient to retire the debt on March 1, 2033? (Round
factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,583.)
Annual contribution to debt retirement fund $
eTextbook and Media
:
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Question 15
What is the present value of your investment if you deposited $100.00 into your
bank account at the beginning of each quarter for 10 years if the bank pays interest
is 6% compounded semi-annually?
a. $2,854.90
b. $3,036.46
c. $1,628.23
d. $3042.28
e. $900.17
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Spreadsheet Link What is the IRR of the following project?
Cash Flow
Year 0 32.000
9,000
1.
2 10,000
15,200
7,800
4.
1) 10.8%
2) 11.2%
• 3) 11.7%
4) 12.0%
5) 12.3%
234
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Question 18
Sonata Corporation will receive $40,000 today (January 1, 2012), and also on each January 1st
for the next five years (2013-2017). What is the present value of the six $40,000 receipts,
assuming a 12% interest rate?
a. $164,456.
b. $184,191.
c. $324,608.
d. $363,560.
40,000 x.
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Question content area top
Part 1
Calculate the percentage return on a 1-year Treasury bill with a face value of
$10 comma 00010,000
if you pay
$9 comma 764.359,764.35
to purchase it and receive its full face value at maturity.
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Appendix F - HW Question 5 of 5 - View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Patricia Quick made an investment of $7,909.96. From this investment, she will receive $1, 100 annually for the next
15 years starting one year from now. Click here to view the factor table What rate of interest will Patricia's investment be earning for her? (Hint: Use Table 4.) (For calculation purposes, use 5 decimal places as displayed in the factor table
provided. Round answer to 0 decimal places, e.g. 25 %.) Qate of interest %
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/1 16. If an initial investment of $3000.00 had doubled 2 times over the course of 24 years, what is the
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a. 1.5%
te24 years
b. 3%
c. 6%
d. 9%
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Please prvode step by step explaination
What is the future value of $14,000 invested for one year at an interest rate of 5% p.a.?
a.
$14700
b.
$13333
c.
$9000
d.
$19000
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HI5002 Finance for business
Question 1
You are a newly employed finance manager for Finance Adventure Ltd. The following data is available for the company as of 31 June 2020:
Current assets of $293,950
Current liabilities $68,700
Total assets $765,600
Equity $305,890
Required:
The company’s Management Board required you to evaluate two alternative options of debt funding and equity funding for a new project. What is the job are you doing to complete the task? (referring to one out of 3 important questions of corporate finance for your answer)
Calculate non-current assets, non-current liabilities and build a balance sheet for the company?
Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%?
What is the price earnings ratio (PE) of the company, given total number of outstanding ordinary shares is 57,000 and…
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a.
$17000
b.
$5000
c.
$11660
d.
$10377
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Module 11 Part I: Chapter Problems
B, Assignment
Please complete the following item:
Assume Strand Corp borrowed $200,000 from the bank on 7/1/20; Strand is a calendar
year-end. Interest rate 6%. It is a 1 year note, payable at the end of 1 year. Make the
necessary journal entry on 7/1/20, 12/31/20 and 6/30/21
If vou are not familiar with
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QUESTION 26
Find the IRR of an investment having initial cash outflow of $213,000. The cash flows, and corresponding dates are given below.
($213,000)
1/1/2013
$65,200
$96,000
$73,000
$55,400
A.
B.
8.45%
12.32%
C. 15.67%
D. None of the above
5/7/2014
4/3/2015
6/8/2016
2/9/2017
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MINDTAP
Q Search this cOL
tivity- Amortization schedule
a. Complete an amortization schedule for a $44,000 loan to be repaid in equal installments at the end of each of the next three years. The interest rate is 10% compounded annually.
Round all answers to the nearest cent.
Beginning
Repayment
Ending
Year
Balance
Раyment
Interest
of Principal
Balance
1
24
%24
2.
24
$4
%24
24
24
%24
24
b. What percentage of the payment represents interest and what percentage represents principal for each of the three years? Round all answers to two decimal places.
% Interest
% Principal
Year 1:
Year 2:
Year 3:
%
c. Why do these percentages change over time?
I. These percentages change over time because even though the total payment is constant the amount of interest paid each year is declining as the remaining or outstanding
balance declines.
II. These percentages change over time because even though the total payment is constant the amount of interest paid each year is increasing as the remaining or…
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Back to Assignment
Attempts
3. Problem 17.03 (AFN Equation)
EG
eBook
Keep the Highest / 10
Carlsbad Corporation's sales are expected to increase from $5 million in 2021 to $6 million in 2022, or by 20%. Its assets totaled $2 million at the end of 2021. Carlsbad is at full
capacity, so its asset must grow in proportion to projected sales. At the end of 2021, current liabilities are $1 million, consisting of $250,000 of accounts payable, $500,000 of notes
payable, and $250,000 of accrued liabilities. Its profit margin is forecasted to be 3%.
$
a. Assume that the company pays no dividends. Use the AFN equation to forecast the additional funds Carlsbad will need for the coming year. Write out your answer
completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar.
b. Why is this AFN different from the one when the company pays dividends?
I. Under this scenario the company would have a higher level of retained earnings, which would reduce the…
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Assignment 3
Ch.5
Name /
ID/
Section /
Q1/ Ipswich Corporation is
investment opportunity with the expected net cash
inflows of $300,000 for four years. The residual
value of the investment, at the end of four years,
would be $70,000. The company uses a discount rate
of 14%, and the initial investment is $290,000.
Calculate the NPV of the investment.
considering
an
Present value of an ordinary annuity of $1:
12% 13% 14% 15%
0.893 0.885 0.877 0.87
1.69 1.668 1.647 1.626
2.402 2.361
.322 2.283
3.037 2.974 2.914 2.855
Present value of $1:
12% 13% 14% 15%
0.893 0.885 0.877 0.87
Q2/ A company is evaluating an investment. The
company uses the straight-line method of
depreciation. Use the following information to
compute the accounting rate of return. Show your
calculations and round to one decimal place.
Project
SR875,000
Investment
Residual value
Operating income
Year I
120,000
Year 2
120,000
Year 3
120,000
Year 4
120,000
Year S
Q3/ Your grandfather would like to share some of his
fortune…
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Amount financed 18200 number of payments 72 monthly payment 425.08 finance charge 12405.76 whats the apr%
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V Content
Pearson (Assignments) - MA
Ô https://www.mathxl.com/Student/PlayerTest.aspx?testld%3D225147196
3 103 Spring 2021
st: Test 2 (Finance) Online
nis Question: 1 pt
5 of 19 (1 complete) ▼
How much must be deposited today into the following account in order to have a $135,000 college fund in 11 years? Assume no additional deposits are made.
An account with quarterly compounding and an APR of 7.32%
Sshould be deposited today.
(Do not round until the final answer. Then round to the nearest cent as needed.)
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- Spreadsheet Link What is the IRR of the following project? Cash Flow Year 0 32.000 9,000 1. 2 10,000 15,200 7,800 4. 1) 10.8% 2) 11.2% • 3) 11.7% 4) 12.0% 5) 12.3% 234arrow_forwardQuestion 18 Sonata Corporation will receive $40,000 today (January 1, 2012), and also on each January 1st for the next five years (2013-2017). What is the present value of the six $40,000 receipts, assuming a 12% interest rate? a. $164,456. b. $184,191. c. $324,608. d. $363,560. 40,000 x.arrow_forwardQuestion content area top Part 1 Calculate the percentage return on a 1-year Treasury bill with a face value of $10 comma 00010,000 if you pay $9 comma 764.359,764.35 to purchase it and receive its full face value at maturity.arrow_forward
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