13-4 UNLEVERED BETA Hartman Motors has $18 million in assets, which were financed with $6 million of debt and $12 million in equity. Hartman's beta is currently 1.3, and its tax rate is 35%. Use the Hamada equation to find Hartman's unlevered beta, bu.
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- 3. Problem 14.04 (Unlevered Beta) eBook Hartman Motors has $24 million in assets, which were financed with $8 million of debt and $16 million in equity. Hartman's beta is currently 1.2, and its tax rate is 20%. Use the Hamada equation to find Hartman's unlevered beta, bu. Do not round intermediate calculations. Round your answer to two decimal places.Unlevered Beta Counts Accounting's beta is 1.5 and its tax rate is 25%. If it is financed with 17% debt, what is its unlevered beta? Do not round intermediate calculations. Round your answer to two decimal places.Hartman Motors has $18 million in assets, which were financed with$6 million of debt and $12 million in equity. Hartman’s beta is currently 1.3, and its tax rateis 35%. Use the Hamada equation to find Hartman’s unlevered beta, bU.
- hartman motors has $32 million in assets, which were financed with $8 million of debt and $24 million in equity. Hartman's beta is currently 1.6, and its tax rate is 30%. Use the Hamada equation to find Hartman's unlevered beta, bu. Do not round intermediate calculations. Round your answer to two decimal places.Unlevered Beta Counts Accounting’s beta is 1.15 and its tax rate is 40%. If it is financed with 20% debt, what is its unlevered beta?Hartman Motors has $24 million in assets, which were financed with $6 million of debt and $18 million in equity. Hartman’s beta is currently 1.25, and its tax rate is 30%. Use the Hamada equation to find Hartman’s unlevered beta, bU.
- 12 Gates Appliances has a return-on-assets (investment) ratio of 20 percent. a. If the debt-to-total-assets ratio is 25 percent, what is the return on equity? (Input your answer as a percent rounded to 2 decimal places.) Return on equity % b. If the firm had no debt, what would the return-on-equity ratio be? (Input your answer as a percent rounded to 2 decimal places.) Return on equityPlz complete using excel showing formula of work !! The common stock of ABX, Inc. has a beta of 0.90. The Treasury bill rate is 4% and the market risk premium is estimated at 8%. The debt-to-equity ratio of the company is 0.35, the cost of debt is 6%, and the tax rate is 21%. The company is considering a project that will result in initial after-tax cash savings of $5 million at the end of the first year, and these savings will grow at a rate of 4% per year indefinitely. The project is less risky than the usual project the firm undertakes. Management uses the subjective approach and applies an adjustment factor of -1% to the overall cost of capital for similar projects. If the project requires an initial investment of $20 million, what is the NPV?Give typing answer with explanation and conclusion Fama's Llamas has a weighted average cost of capital of 11.5 per cent. The company's cost of equity is 16 per cent, and its cost of debt is 8.5 per cent. The tax rate is 35 per cent. What is Fama's debt–equity ratio?
- What is the ROE for a firm with a times interest earned ratio of 2, a tax liability of $1 million, and interest expense of $1.68 million if equity equals $1.68 million? O 23.81% O 25.22% 33.60% 40 48% 21Problem 19: Laiho Industries’s 2017 and 2018 balance sheets (in thousands of dollars are shown). Please show all work, INCLUDING FORMULAS AND HOW YOU GOT EACH PIECE OF THE FORMULA. If using EXCEL, please show where you got any numbers from. For example, for letter E. e. Assume the firm’s after-tax cost of capital is 10.5%. What is the firm’s 2018 EVA? EVA= EBIT(1-T)-(Total invested capital x After-tax percentage cost of capital) How did you find the total invested capital. I posted this questions numerous times, and it seems that for the last couple questions people are using informatiojn from 2017 and not 2018. Please USE CORRECT INFORMATION. Please also explain why you are using the calculations that you have used. a. Sales for 2018 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciation and amortization were 11% of net fixed assets, interest was $8,575,000, the corporate tax rate was 40%, and Laiho pays 40% of its net income as dividends. Given this information,…Counts Accounting's beta is 1.6 and its tax rate is 25%. If it is financed with 27% debt, what is its unlevered beta? Do not round intermediate calculations. Round your answe to two decimal places.