UNIT 6: TEXTBOOK PROBLEMS CHAPTER 18: PROBLEM 2 Net

  

UNIT 6: TEXTBOOK PROBLEMSCHAPTER 18: PROBLEM 2Net WorthLong-term DebtNet Working Capital (Excluding Cash)Fixed AssetsCurrent Liabilities$13,205$8,200$3,205$17,380$1,630Cash =Net Working Capital (Including Cash) =Current Assets =CHAPTER 19: PROBLEM 1 (a through d)# of shares outstandingCurrent Stock Price# of new shares outstanding in the future (rights offering)Price of New Stock (or rights)490,000$7580,000$71A. New Market Value of the Company =B. # of Rights Needed =C. Ex-Rights Price =D. Value of the Right =rights per new shareCHAPTER 20: PROBLEM 4aSpot exchange rate for the Canadian Dollar6 month forward rateU.S. Dollar$1.04$1.06$1.00One Canadian Dollar is worth(If amount is below 1, then the U.S. dollar is worth more and vice versa.)CHAPTER 20: PROBLEM 5aBritish Pound Exchange Rate=Japanese Yen Exchange Rate=Cross Rate in terms of Yen per Pound =891==$1$1.62