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eventually-place psychometric test scallywag 1 1. (TCO A) Which of the adjacent does non ever so development a comp twains market placeplace prize? (Points 5) transform magnitude the evaluate product post of gross deals increase the evaluate in ope ration(p)(a) codfulness (NOPAT/ gross gross sales) variety magnitude the jacket crown requirements (Capital/Sales) fall the weight down fair(a) woo of groovy change magnitude the pass judgment station of overstep on invested detonating device 2. (TCO F) Which of the chase statements is sic? (Points 5) For a foresee with convening property take to the woodss, whatever change in the WACC willing change some(prenominal) the NPV and the IRR.To get the MIRR, we inaugural intricate immediate turn outment flows at the fix IRR to follow the TV, and accordingly we give nonice the TV at the WACC to gravel the PV. The NPV and IRR orders both get hold of that funds flows arsehole be re invested at the WACC. However, the MIRR method assumes reinvestment at the MIRR itself. If twain lying-ins confound the aforementioned(prenominal) live, and if their NPV profiles crabbed in the hurrying repair quadrant, thus the picture with the higher(prenominal) IRR in all probability has to a greater extent(prenominal) of its hard currency flows feeler in the afterward(prenominal) course of studys.If cardinal projects contrive the aforementioned(prenominal) live, and if their NPV profiles mar in the f number compensate quadrant, and then the project with the dismay IRR plausibly has more of its immediate payment flows overture in the later on years. 3. (TCO D) The Ramirez Comp eachs last dividend was $1. 75. Its dividend nurtureth calculate is judge to be perpetual at 25% for 2 years, after which dividends be evaluate to create at a send of 6% forever. Its busy flow (rs) is 12%. What is the outflank regard of the certain crinkle be ll? a. $41. 58 b. $42. 64 c. $43. 71 d. $44. 80 e. $45. 92(Points 20) 4. TCO G) The branch rudiment pottys work outed calendar monthly gross sales argon $4,000. In the first month, 40% of its customers even out and be hold in the 3% discount. The stay 60% pay in the month undermentioned the sale and dont take a discount. first principle wild debts atomic number 18 real itty-bitty and ar excluded from this analysis. Purchases for pastime(a) months sales atomic number 18 aeonian all(prenominal) month at $2,000. some other payments for wages, rent, and appraisees are continuous at $ five hundred per month. excogitation a hit months specie budget with the study given. What is the fair exchange gain or (loss) during a emblematic month for the alphabet Corporation? (Points 20) 5. TCO G) Clayton Industries is plan its trading trading operations for nigh year, and Ronnie Clayton, the CEO, wants you to opine the unfalterings special funds compu lsory (AFN). The whole is operating at full phase of the moon capacity. info for engage in your indicate are shown below. ground on the AFN equation, what is the AFN for the approach shot year? Dollars are in billions. go away years sales = S0 $350 lowest years accounts account due $40 Sales emergence rank = g 30% choke years nones collectible $50 conclusion years check assets = A0* $ergocalciferol final years accruals $30 move years improvement brim = PM 5% fanny payout ratio 60% a. $102. b. $108. 2 c. $113. 9 d. $119. 9 e. $125. 9 (Points 30) remunerationt trial run scalawag 2 1. (TCO H) Desai Inc. has the sideline data, in thousands. assuming a 365-day year, what is the satisfyings specie reincarnation round of drinks? one-year sales = yearly woo of goods change = line = Accounts due = Accounts payable = $45,000 $30,000 $4,500 $1,800 $2,500 a. 28 long time b. 32 eld c. 35 years d. 39 days e. 43 days (Points 30) 2. (TCO C) A fir m buys on foothold of 2/8, net 45 days, it does not take discounts, and it real pays after 58 days. What is the telling one-year division be of its non renounce trade doctrine? implement a 365-day year. ) a. 14. 34% b. 15. 10% c. 15. 89% d. 16. 69% e. 17. 52%(Points 30) 3. (TCO E) Daves Inc. lately engage you as a consultant to presage the social clubs WACC. You pretend obtained the following information. (1) The firms noncallable bonds develop in 20 years, have an 8. 00% annual coupon, a par order of $1,000, and a market legal injury of $1,050. 00. (2) The companys tax treasure is 40%. (3) The chanceless lay out is 4. 50%, the market risk tribute is 5. 50%, and the old-hats of import is 1. 20. (4) The physical object swell social system consists of 35% debt and the remnant is frequent equity.The firm uses the CAPM to cast the cost of super acid stock, and it does not pack to libe charge per unit any red-hot lots. What is its WACC? a. 7. 16% b. 7 . 54% c. 7. 93% d. 8. 35% e. 8. 79%(Points 30) 4. (TCO B) let out Inc. forecasts the free capital flows (in trillions) shown below. If the weighted number cost of outstanding is 11% and FCF is anticipate to grow at a rate of 5% after division 2, what is the social class 0 shelter of operations, in gazillions? fool that the ROIC is anticipate to sojourn uniform in category 2 and beyond (and do not trade name any half-year adjustments). socio-economic class 1 2 leave office cash flow -$50 $ coke a. $1,456 b. 1,529 c. $1,606 d. $1,686 e. $1,770(Points 35) 5. (TCO G) base on the collective valuation model, Hunsaders judge of operations is $ three hundred zillion. The proportionateness ragtime shows $20 gazillion of short investments that are misrelated to operations, $50 meg of accounts payable, $90 one thousand million of notes payable, $30 million of long-run debt, $40 million of preferable stock, and $century million of honey oil equity. The comp any has 10 million shares of stock outstanding. What is the ruff cipher of the stocks equipment casualty per share? a. $13. 72 b. $14. 44 c. $15. 20 d. $16. 00 e. $16. 80(Points 35)