|
Digby’s balance sheet has $94,680,000 in
equity. If next year, assets decrease by $4,000,000 and liabilities increase
by $2,000,000, what will be Digby’s book value?
|
|
Select: 1
|
|
$92,679,000
$96,680,000
$38,651,000
$88,679,000
|
|
Which company has the least efficient
SG&A/Sales ratio?
|
|
Select: 1
|
|
Chester
Baldwin
Andrews
Digby
|
|
Your Competitive Intelligence team reports
that a wave of product liability lawsuits is likely to cause Digby to pull
the product Drum entirely off the market this year. Assume Digby scraps all
capacity and inventory this round, completely writing off those assets and
escrowing the proceeds to a settlement fund, and assume these lawsuits will
have no effect on any other products of Digby or other companies. Without
Digby’s product Drum how much can the industry currently produce in the Core
segment? Consider only products primarily in the Core segment last year.
Ignore current inventories. Figures in thousands (000).
|
|
Select: 1
|
|
7,278
3,886
8,528
8,256
9,506
9,236
4,618
|
|
In the month of March the Digby Corporation
received and delivered orders of 178,000 units at a price of $15.00 for
revenue of $2.670mil for their product Dim. Digby uses the accrual method of
accounting and offers 30 day credit terms. By the end of May Digby had
collected payments of $2.670mil for the March deliveries. How much of the
collected $2.670mil should Digby show on the March 31st income statement and
how much on the May 31st income statement?
|
|
Select: 1
|
$0 in March;$2.670mil in May
$0.881mil in March;
$1.789mil
in May
$1.335mil in March;
$1.335mil
in May
$2.670mil in March;
$0
in May
|
|
Chester Corp. is downsizing the size of their
workforce by 10% (to the nearest person) next year from various strategic initiatives. How much will the company pay in
separation costs if each worker receives $5,000 when separated?
|
|
Select: 1
|
|
$122,000
$1,094,000
$305,000
$2,735,000
|
|
Assume Andrews is paying a dividend of $1.50
(per share). If this dividend stayed the same, but the stock price rose by
10% what would be the dividend yield?
|
|
Select: 1
|
|
109.09%
177.27%
.73%
136.36%
|
|
Last year Ark charged $3,040,000 Depreciation
on the Income Statement of Andrews. If Ark sold a fully depreciated piece of
equipment at a loss, the effect on Andrews’s financial statements would be
(all other items remaining equal):
|
|
Select: 1
|
|
Increase Net Cash from operations
Decrease Net Cash from operations on the
Cash Flow Statement
Just impact the Balance Sheet
No impact on Net Cash from operations
|
|
Assume Baldwin is producing 1,568 units of
Bolt next year. What would Bolt’s plant utilization be?
|
|
Select: 1
|
|
96.90%
93.10%
95.00%
96.02%
|
