Microsoft Corporation
2011
2010
2009
Net income…………………..
$23,958
$18,846
-
Stockholders’ equity………..
57,083
46,175
$39,558
Dividends………………….......
Microsoft Corporation
2011
2010
2009
Net income…………………..
$23,958
$18,846
-
Stockholders’ equity………..
57,083
46,175
$39,558
Dividends…………………....
5,394
4,547
-
Net common stock issued….
(7,656)
(7,682)
-
Use the information from above. Assume the free cash flow to
common equity for Microsoft is for the terminal year. Also assume
that Microsoft will grow at a constant rate of 3 percent and that
Microsoft’s cost of equity is 8 percent. Computer Microsoft’s
terminal value.
For 2016, Clapton Company reported a decline in net income. At
the end of the year,...
For 2016, Clapton Company reported a decline in net income. At
the end of the year, S. Hand, the president, is presented with the
following condensed comparative income statement:
Clapton Company
Comparative Income Statement
For the Years Ended December 31, 2016 and 2015
1
2016
2015
2
Sales
$6,787,200.00
$6,060,000.00
3
Cost of goods sold
2,444,200.00
2,020,000.00
4
Gross profit
$4,343,000.00
$4,040,000.00
5
Selling expenses
$1,125,000.00
$900,000.00
6
Administrative expenses
711,200.00
560,000.00
7
Total operating expenses
$1,836,200.00
$1,460,000.00
8
Income...
2019
2018
2017
2016
Net Sales Revenue
$ 766,000
$ 708,000
$ 644,000
$664,000
Net Income...
2019
2018
2017
2016
Net Sales Revenue
$ 766,000
$ 708,000
$ 644,000
$664,000
Net Income
60,000
38,000
36,000
44,000
Ending Common Stockholder’s equity
368,000
352,000
326,000
296,000
Net sales revenue, net income, and common stockholders'
equity for EyesightEyesight Mission Corporation, a manufacturer of
contact lenses, follow for a four-year period
Compute trend analyses for each item for 2017—2019.
Use 2016 as the base year, and round to the nearest whole
percent.
Begin by computing Eyesight Mission Corporation's trend
analysis...
Answer the following questions about oligopolistic markets for a
simultaneous game in which Microsoft and Apple...
Answer the following questions about oligopolistic markets for a
simultaneous game in which Microsoft and Apple decide whether to
advertise or not.
Players: Apple and Microsoft (MS)
Strategies: Advertise (A) or No-Ads (NA)
Payoffs:
If both choose to A, Apple gets $8 billion revenue and MS gets
$16 billion revenue;
If Apple choose A and MS choose NA, Apple gets $15 billion and
MS gets $12 billion;
If Apple choose NA and MS choose A, Apple gets $10 billion and...
Assume the free cash flow to common equity for Microsoft is for
the terminal year. Also...
Assume the free cash flow to common equity for Microsoft is for
the terminal year. Also assume that Microsoft will grow at a
constant rate of 3 percent and that Microsoft’s cost of equity is 8
percent. Compute Microsoft’s terminal value using the information
below.
Microsoft Corporation
2011
2010
2009
Net income…………………..
$23,958
$18,846
-
Stockholders’ equity………..
57,083
46,175
$39,558
Dividends…………………....
5,394
4,547
-
Net common stock issued….
(7,656)
(7,682)
-
For the FY 2016, Alpha Company had net sales of $850,000 and net
income of $50,000,...
For the FY 2016, Alpha Company had net sales of $850,000 and net
income of $50,000, paid income taxes of $20,000, and had before tax
interest expense of $10,000. Use this information to determine the:
(Round & enter your answers to one decimal place and enter the
value.) 1. Times Interest Earned Ratio 2. Profit Margin
As of December 31, 2016, Flowers Company had total assets of
$30,000, total liabilities of $9,000,...
As of December 31, 2016, Flowers Company had total assets of
$30,000, total liabilities of $9,000, and common stock of $15,000.
The company’s 2016 income statement contained revenue of $5,000 and
expenses of $3,000. The 2016 statement of changes in stockholder’s
equity stated that $400 of dividends were paid to investors.
a. Determine the before-closing balance in the Retained Earnings
account on December 31, 2016.
B. Determine the after-closing balance in the Retained Earnings
account on December 31, 2016.
Exercise 18-14 (Part Level Submission)
Naylor Company had $152,000 of net income in 2016 when the...
Exercise 18-14 (Part Level Submission)
Naylor Company had $152,000 of net income in 2016 when the
selling price per unit was $154, the variable costs per unit were
$94, and the fixed costs were $571,700. Management expects per unit
data and total fixed costs to remain the same in 2017. The
president of Naylor Company is under pressure from stockholders to
increase net income by $64,100 in 2017.
Assume that Naylor Company sells the same number of units in
2017...