Essentials Corporate Finance

In early 2013, Doc and Lyn McGee formed the McGee Cake Company. The company produced a full line of cakes, […]

Sunset Boards is a small company that manufactures and sells surfboards in Malibu. Tad Marks, the founder of the company,

Given the information for Whelan, Inc., in Problems 10 and 11, suppose you also know that the firm’s net capital

Weiland Co. shows the following information on its 2019 income statement: sales = $178,000; costs = $103,600; other expenses =

Prescott Football Manufacturing had the following operating results for 2019: sales = $29,874; cost of goods sold = $21,632; depreciation

Consider the following abbreviated for Cabo Wabo, Inc.:  a. What is owners’ equity for 2018 and 2019?  b. What is

In Problem 18, suppose Belyk Paving Co. paid out $370,000 in cash dividends. Is this possible? If net capital spending

Refer back to the Series EE savings bonds we discussed at the very beginning of the chapter a. Assuming you purchased

An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or

You are planning your retirement in 10 years. You currently have $50,000 in a bond account and $250,000 in a