Value of Shareholders’ Equity Assignment
February 21st, 2020
FINC 550 1.1 Balyeat, Inc. has current assets of $2,900, net fixed assets of $6,000, current liabilities of $1,600, and long-term debt of $5,200. Balyeat, Inc. also has sales of $425,000, costs of $210,000, depreciation expense of $63,000, interest expense of $38,000, and a tax rate of 35%. Also, suppose that the company paid out $30,000 in cash dividends and has 20,000 shares of common stock outstanding
а. (2 points) What is the value of shareholders’ equity?
b. (2 рoints) How much is net working capital?
с. (2 рoints) What is the net income for this firm?
d. (2 points) What is the addition to retained earnings? Get Finance homework help today