The following data were taken from the financial statements of hunter inc. for december 31 of two recent years: current year previous year accounts payable $924,000 $800,000current maturities of serial bonds payable 200,000 200,000serial bonds payable, 10%, issued 2009, due 2019 1,000,000 1,200,000common stock, $10 par value 250,000 250,000paid-in capital in excess of par 1,250,000 1,250,000retained earnings 860,000 500,000the income before income tax was $480,000 and $420,000 for the current and previous years, respectively. a. determine the ratio of liabilities to stockholders' equity at the end of each year. round to one decimal place. current yearprevious yearb. determine the number of times the bond interest charges are earned during the year for both years. current year previous year

c. the ratio of liabilities to stockholders' equity has and the times interest earned ratio has from the previous year.

these results are the combined result of a income before income taxes and interest expense in the current year compared to the previous year.

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.