Mathematics, 30.11.2021 20:50 meillsss
Last year John Washington Corp. had $295,000 of assets (which is equal to its total invested capital), 518,750 of net income, and a debt-
to-total-capital ratio of 37%. Now suppose the new CFO convinces the president to increase the debt-to-total-capital ratio to 48%. Sales,
total assets, and total invested capital 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?
Answers: 2
Mathematics, 21.06.2019 13:20
Which equation and solution can be used to solve this problem? thirteen less than a number is sixteen. 13-n=16: add 13 to both sides. the answer is 29. n+13=16: subtract 13 from both sides. the answer is 3. n+16=13 subtract 13 from both sides. the answer is 3. n-13=16: add 13 to both sides. the answer is 29.
Answers: 1
Mathematics, 21.06.2019 18:30
Players on the school soccer team are selling candles to raise money for an upcoming trip. each player has 24 candles to sell. if a player sells 4 candles a profit of$30 is made. if he sells 12 candles a profit of $70 is made. determine an equation to model his situation?
Answers: 3
Last year John Washington Corp. had $295,000 of assets (which is equal to its total invested capital...
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