Last year the Chester company increased their equity. In 2010 their equity was $49,954. Last year (2011) it increased to $53,506. What are causes of change in equity? Check all that apply. Select: 3 A bond issue of$1,599. A change of plant and equipment of$10,100. Plant Improvements of $10,100 A change in short term debt of-$4,846. Profits of $11,411 A change in cash of -$4,052. Depreciation of -$38,653 Change in inventory of-$272. Issue and retirement of stock . An accounts payable change of$1,576. Dividend payment of$6,353.

Last year the Chester company increased their equity. In 2010 their equity was $49,954. Last year (2011) it increased to $53,506. What are causes of change in equity? Check all that apply. Select:…

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Last year Southern Chemicals had sales of $200,000, assets of $125,000, a profit margin of 5.15%, and an equity multiplier of 1.85. The CFO believes that the company could reduce its assets by $25,000 without affecting either sales or costs. Had it reduced its assets in this amount, and had the debt ratio, sales, and costs remained constant, by how much would the ROE have changed?

Last year Southern Chemicals had sales of $200,000, assets of $125,000, a profit margin of 5.15%, and an equity multiplier of 1.85. The CFO believes that the company could reduce its assets by…

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Last year’s freshman class at Big State University totaled 5,346 students. 01’ those. 1,262 received a merit scholarship to help offsettuition costs their freshman year {although the amount varied per student]. The amount a student received was M$3.443. $450]. If thecost of full tuition was $4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest IIlIlIhole percent.) Percentage of students %

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Last year, Joban graduated from high school and received a $5,000 as a graduation gift from his uncle.  He just heard a guy in his dorm who invested in a software company and made a huge profit in a few months. Joban is considering investing his $5,000 in the company.  Joban has trouble managing his money and has a large balance on his credit card.  Joban has a part-time job, but spends all of the money he earns.  He also does not understand how investing works.

What advice would you give to Joban?

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Last year Jandik Corp. had $365,000 of assets, $18,750 of net income, and a debt-to-total-assets ratio of 37%. Now suppose the new CFO convinces the president to increase the debt ratio to 48%. Sales and total assets will not be affected, but interest expenses would increase. However, the CFO believes that better cost controls would be sufficient to offset the higher interest expense and thus keep net income unchanged. By how much would the change in the capital structure improve the ROE?

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