Brincks Quiz – ACME Common Shares Outstanding
Fundamentals of Financial Management, Concise
Brigham and Houston
09th Edition, 10th Edition, and 11th Edition
Given the firm’s book value, stock price and MVA, determine the shares outstanding.
Given the firm’s book value, stock price and MVA, determine the shares outstanding.
Given Net Income, ROA, Interest expense, accounts payable and the tax rate for the firm, determine the basic earnings power.
Given EBITDA, Net income, interest expense, and the tax rate, you are asked to determine the depreciation charge.
Given net income and retained earnings for two consecutive years, you are asked to determine the dividends paid.
Given the operating income, tax rate, the invested capital, and the percentage cost of capital, determine the economic value added, EVA for ACME company.
Given sales, operating costs, notes payable, long-term debt, accounts receivable, shareholder equity, the cost of capital, and a tax rate, you are asked to determine the firm’s economic value added.
Given the current accounts receivable level, the DSO and a forecasted drop in sales by a certain percentage determine the new level of accounts receivable after the change.
Given the amount of equity provided by investors, the current shares of stock, and the stock price per share, you are asked to compute the market value created by management.
Given the amount of total common dividends and retained earnings, determine ACME’s net income.
Given net income, interest expense, a tax rate, and other balance sheet items (see screenshot), you are asked to determine the firm’s ROE.