All else constant, what would Chester’s SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Camp’s promotional budget and $750,000 for Camp’s sales budget?

• 9.9%
• 8.7%
• 7.5%
• 10.4%

Currently Andrews is paying a dividend of $10.00 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?

• 1000.0%
• $13.64
• $3.64
• 1364.0%

Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Cedar entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Cedar how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000).

• 3,795
• 9,464
• 8,164
• 7,185
• 8,485
• 7,279
• 14,558

In the month of March the Chester Corporation received and delivered orders of 198,000 units at a price of $15.00 for revenue of $2.970mil for their product Cure. Chester uses the accrual method of accounting and offers 30 day credit terms. By the end of May Chester had collected payments of $2.970mil for the March deliveries. How much of the collected $2.970mil should Chester show on the March 31st income statement and how much on the May 31st income statement?

• $1.485mil in March; $1.485mil in May
• $2.970mil in March; $0 in May
• $0 in March; $2.970mil in May
• $0.980mil in March; $1.990mil in May

Last year Apple charged $2,654,720 Depreciation on the Income Statement of Andrews. If Apple sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):

• No impact on Net Cash from operations
• Decrease Net Cash from operations on the Cash Flow Statement
• Just impact the Balance Sheet
• Increase Net Cash from operations

Assume Digby Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. Digby is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?

• $340,170
• $3,061,530
• $1,260,630
• $140,070

Assume Baldwin is producing 808 units of Bat next year. What would Bat's plant utilization be?

• 95.00%
• 96.90%
• 93.10%
• 198.03%

Chester's balance sheet has $98,759,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Chester's book value?

• $104,760,000
• $100,760,000
• $92,759,000
• $42,908,000

All else constant, what would Chester’s SG&amp;A/Sales ratio be if...

All else constant, what would Chester’s SG&A/Sales ratio be if...