Problemas de capitulo 4 ,fundamentos de finanzas corporativas

PROBLEMAS CAPITULO 4: | | | | | | | |
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Problema 19: | | | | | | | |
Du Pont Analysis. Keller Cosmetics maintains an operating profit margin of 5% andasset turnover ratio of 3. | | |
a. What is its ROA? | | | | | | | |
b. If its debt-equity ratio is 1, its interest payments and taxes are each $8,000, and EBIT is $20,000, what is its ROE?| | |
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A) | | | | | | | |
ROA = | Rotacion de activos | X | Margen de beneficio operativo | | | | |
ROA = | 3 | X | 0.05 | | | | |
ROA = | 15.00% || | | | | |
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B) | | | | | | | |
ROE= | Ratio apalancamiento | X | Rotacion de acttivos | X | Margen de beneficio operativo | X | Carga de deuda |
ROE= | 1| X | 3 | X | 0.05 | X | 4000 |
| | | | | | | 12000 |
ROE= | 1 | X | 3 | X | 0.05 | X | 0.333 |
ROE= | 5.000% | | | | | | |
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Problema 21 | | | | || | |
Leverage. A firm has a long-term debt-equity ratio of .4. Shareholders’ equity is $1 million. | | | | |
Current assets are $200,000, and the current ratio is 2. The only currentliabilities are notes payable. What is the total debt ratio? | |
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Ratio de endeudamiento total= | Pasivos totales | | | | | | |
| Activos totales | | | | | | |Ratio de endeudamiento total= | 500,000.00 | | | | | | |
| 1,500,000.00 | | | | | | |
Ratio de endeudamiento total= | 33.33% | | | | | ||
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Razon circulante= | Activos circulantes | | Razon de deuda entre fondos prop.= | deuda LP | | |
| Pasivos circulantes | | | | Fondospropios | | |
Pasivos circulantes= | Activos circulantes | | Deuda Largo Plazo= | | Razon deuda/fondos prop | | Fondos propios |
| Razon circulante | | Deuda Largo Plazo= | | 0.4 | X |...