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August 30, 2014

Homework Help: Business: Finance

Recent Homework Questions About Finance

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finance
LaMont Industries had cash flow from operations of $19 300 last year. The depreciation expense was $2 300, interest expense was $600, and taxes were $1 400. They have 40 000 shares outstanding. What is the earnings per share for last year?
Friday, August 29, 2014 at 8:00am

finance
LaMont Industries had cash flow from operations of $19 300 last year. The depreciation expense was $2 300, interest expense was $600, and taxes were $1 400. They have 40 000 shares outstanding. What is the earnings per share for last year?
Thursday, August 28, 2014 at 8:06am

finance
One Materials Ltd. paid $7,500 in dividends and $28,311 in interest over the past year while net working capital increased from $13,506 to $18,219. The company purchased $42,000 in net new fixed assets and had depreciation expenses of $16,805. During the year, the firm issued...
Thursday, August 28, 2014 at 8:03am

finance
The One Cafe has an operating cash flow of $78,460, a depreciation expense of $8,960, and taxes paid of $21,590. What is the amount of the cash flow from assets? A partial balance sheet is as follows: Beginning Balance Ending Balance Current assets $141,680 $138,509 Net fixed ...
Thursday, August 28, 2014 at 8:03am

finance
You will be receiving $5,000 from your family as a graduation present. You have decided to save this money for your retirement. You plan to retire thirty years after graduating. How much additional money will you have at that time if you can earn an average of 9 percent on ...
Thursday, August 28, 2014 at 7:27am

finance
You borrow $149,000 to buy a house. The mortgage rate is 7.5 percent and the loan period is 30 years. Payments are made monthly. If you pay for the house according to the loan agreement, how much total interest will you pay?
Thursday, August 28, 2014 at 6:58am

finance
You may to invest in a coffee plantation in South Australia. The investment promises to pay $5,000 at the end of year 3, $5,000 at the end of year 4, $5,000 at the end of year 6 and $10,000 at the end of year 10. Similar investments return approximately 15%. How much are you ...
Thursday, August 28, 2014 at 6:40am

finance
Mr. Two can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7.75 per cent interest. How much money can he afford to borrow?
Thursday, August 28, 2014 at 6:19am

finance
National Health Corporation (NHC) has a cumulative preferred stock issue outstanding, which has a stated annual dividend of $8 per share. The company has been losing money and has not paid preferred dividends for 5 years. There are 350,000 shares of preferred stock outstanding...
Monday, August 25, 2014 at 1:08pm

finance
what is the payoff amount of a 30 year $255,413 mortgage at 6% interest with a payment of $1,321.33 with 8 years remaining?
Friday, August 22, 2014 at 5:23pm

finance
A quaint but well established cafe shoppe in the new hot cafe wants to build a new cafe for increased capicity it expect sales are $800,000.00 for the first 5 years, direct cost including labor and material 50% for new cafe will be totaled at $750,000.00 which will depreciate ...
Sunday, August 17, 2014 at 3:17pm

Finance
Based on Purchasing power parity (ppp)what is a general forecast of the values of currencies in countries with high inflation?
Thursday, August 14, 2014 at 12:31pm

math
Finance charge was 5.58 on a monthly balance of 318.76. What is the rate?
Wednesday, August 13, 2014 at 12:23am

math
Find the monthly payment for the loan. ( round your answer to the nearest cent.) Finance $950,000 for a warehouse with a 7.50% 30 year loan
Monday, August 11, 2014 at 2:00am

Finance Help
I need to write about this question: Discuss the various stockholder rights. What factor(s) make the valuation of common stock more complicated than the valuation of bonds/preferred stocks? (im so confused!!) :(
Tuesday, August 5, 2014 at 8:53pm

Finance
The Fridge-Air Company's preferred stock pays a dividend of $4.50 per annually. If the required rate of return on comparable quality stocks is 14 percent, calculate the value of Fridge-Air's preferred stock.
Tuesday, August 5, 2014 at 6:02pm

finance
Which of the following represent the most important instrument used to raise funds in the credit markets? Answer corporate bonds tax-exempt obligations consumer debt mortgages
Sunday, August 3, 2014 at 11:04am

finance
Which one of the following borrowing sectors is the least important in terms of funds raised in the credit markets? Answer U.S. markets state and local governments households farms corporate
Sunday, August 3, 2014 at 10:54am

Finance
4. Your program plans to acquire a total of 600 end items costing $535 million over a five-year period. The first production contract is to be awarded in FY04. The number of items to be procured (not delivered) each year and their estimated cost (in then-year dollars) is shown...
Friday, August 1, 2014 at 4:27pm

corporate finance
Your finance text book sold 45,500 copies in its first year. The publishing company expects the sales to grow at a rate of 20.0 percent for the next three years, and by 7.0 percent in the fourth year. Calculate the total number of copies that the publisher expects to sell in ...
Wednesday, July 30, 2014 at 12:58am

us history
I was wondering if somebody could help me improve on my answers to these questions below. Thank you. One: Despite Watergate, did not Richard Nixon's presidency start the Republican ascendency of the following period? Why and how did this happen? -1. Yes it did. The ...
Tuesday, July 29, 2014 at 12:46pm

finance
Program A has a profit of $5,000 and an investment of $100,000, while program B has a profit of $10,000 and an investment of $220,000. Which program has the better ROI?
Sunday, July 27, 2014 at 7:35pm

finance
St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned ...
Sunday, July 27, 2014 at 10:02am

finance
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective interest rate if the discount is not utilized?
Sunday, July 27, 2014 at 9:52am

finance
Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is discounted with a 20 percent...
Sunday, July 27, 2014 at 8:54am

health care finance
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide discounts for early payment. What is the formula to determine the effective interest rate if the discount is not utilized?
Sunday, July 27, 2014 at 8:18am

health care finance
Your firm is considering the following three alternative bank loans for $1,000,000: a) 10 percent loan paid at year end with no compensating balance b) 9 percent loan paid at year end with a 20 percent compensating balance c) 6 percent loan that is discounted with a 20 percent...
Sunday, July 27, 2014 at 8:17am

health care finance
St. Luke’s Convalescent Center has $200,000 in surplus funds that it wishes to invest in marketable securities. If transaction costs to buy and sell the securities are $2,200 and the securities will be held for three months, what required annual yield must be earned ...
Sunday, July 27, 2014 at 8:16am

finance
six years ago singleton company issued 20 year bonds with a 14% annual coupon rate at their 1000 par value . the bonds had a 9% call premium, with 5 years of call protection. today singleton called the bonds. compute the realized rate of rate of return for an ivestor who ...
Monday, July 21, 2014 at 12:19pm

Finance
Financial Analysis of the McDonalds Company Stock ticker symbol, exchange where traded _________ Address of company headquarters _________ Company phone number __________ Your name, etc. PART 1, COMPANY OVERVIEW: a. Brief description of the company (one paragraph, briefly ...
Sunday, July 20, 2014 at 4:16pm

finance
What is the payback period of the following project? Initial Investment: $50,000 Projected life: 8 years Net cash flows each year: $10,000
Saturday, July 19, 2014 at 1:38pm

Healthcare Finance
Could someone help me find a listing of expenses by diagnosis or by procedure for a healthcare organization? I have tried to google but could not find anything. Thanks!
Sunday, July 13, 2014 at 5:33pm

Finance
Old Town Cafe has a profit margin of 11%, total asset turnover of 2 and ROE of 20%. What is the debt-equity ratio for this Cafe? Help me. Thank you :)
Sunday, July 13, 2014 at 10:04am

Finance
An investment will provide Nicholas with $100 at the end of each year for the next 10 years. What is the present value of that annuity if the discount rate is 8% annually? What is the present value of the above annuity if the payments are received at the beginning of each year...
Sunday, July 13, 2014 at 10:01am

finance
Based on the following information, what amount would be SUBTRACTED from the BANK BALANCE side of a checking account reconciliation? Service charge $12, Outstanding checks $145, Interest $3.50, Deposit in transit $80
Friday, July 11, 2014 at 11:43pm

Math
Shantle and Kwamie are planning to buy their first home. Although they are excited about the prospect of being homeowners, they are also a little frightened. A mortgage payment for the next 30 years sounds like a huge commitment. They visited a few developments and scanned the...
Wednesday, July 9, 2014 at 10:31pm

English Essay REDONE
You’ve applied for a specific job in your field of study. The Human Resources Department arranges an interview and tells you to bring with you a polished piece of writing for them to evaluate your writing skills. The paragraph must describe one particular experience you&#...
Wednesday, July 9, 2014 at 6:47pm

finance
10 year bond of par value Rs.8,000 was issued, with annual coupon rate of 11.5% and required rate of return is 9% per annum. what is the value of bond?
Wednesday, July 9, 2014 at 9:24am

Math
The finance charge on a copier was $1,778. The loan for copier was to be paid in 18 monthly payments. Find the finance charge refund if it is paid off in eight months.
Sunday, July 6, 2014 at 6:28pm

Finance
Using the maximum ratios for a conventional mortgage, how big a monthly payment could the Taylor family afford if their gross ( before- tax) monthly income amounted to $ 3,500? Would it make any difference if they were already making monthly installment loan pay-ments totaling...
Sunday, July 6, 2014 at 6:12pm

Math
Alice Dubois was charged $455 in finance charges on a loan for 15 months. Find the finance charge refund if she pays off the loan in full after 10 payments.
Sunday, July 6, 2014 at 5:24pm

Finance
Debbie Snyder has just graduated from college and needs to buy a car to commute to work. She estimates that she can afford to pay about $ 450 per month for a loan or lease and has about $ 2,000 in savings to use for a down payment. Develop a plan to guide her through her first...
Sunday, July 6, 2014 at 2:41pm

Finance
Explain the circumstances in which it make sense to convert a traditional IRA to a Roth IRA.
Sunday, July 6, 2014 at 12:01pm

Finance
Jacqueline Strauss, a 25- year- old personal loan officer at Second National Bank, under-stands the importance of starting early when it comes to saving for retirement. She has committed $ 3,000 per year for her retirement fund and assumes that she’ll retire at age 65. a...
Sunday, July 6, 2014 at 12:00pm

English Essay
You’ve applied for a specific job in your field of study. The Human Resources Department arranges an interview and tells you to bring with you a polished piece of writing for them to evaluate your writing skills. The paragraph must describe one particular experience you&#...
Saturday, July 5, 2014 at 3:41am

Math
The finance charge on a copier was $1,778. The loan for copier was to be paid in 18 monthly payments. Find the finance charge refund if it is paid off in eight months.
Friday, July 4, 2014 at 1:34pm

Math Finance
Word problem asks to find rate of interest on a monthly deposit for a sinking fund that is needed to produce 130,000 in 20 years. I applied the model, (fv/pv)^1/t -1 I use n/t if compounding yearly, quaterly, etc. No matter what I've tried I can't produce the interest ...
Thursday, July 3, 2014 at 3:45am

Math
Sara had just rented her first apartment starting December 1 before beginning college in January. The apartment had washer and dryer hook-ups, so Sara wanted to buy the appliances to avoid trips to the Laundromat. The Saturday newspaper had an advertisement for a local ...
Monday, June 30, 2014 at 3:02pm

finance
The price of Garden Designs, Inc. is now $ 85. The company pays no dividends. Sean Perth expects the price four years from now to be $ 125 a share. Should Sean buy Garden Designs if he wants a 15 percent rate of return? Explain
Monday, June 30, 2014 at 5:23am

Finance
.An investor in the 28 percent tax bracket is trying to decide which of two bonds to select: one is a 5.5 percent U. S. Treasury bond selling at par; the other is a municipal bond with a 4.25 percent coupon, which is also selling at par. Which of these two bonds should the ...
Monday, June 30, 2014 at 5:22am

Finance
An investor in the 28 percent tax bracket is trying to decide which of two bonds to select: one is a 5.5 percent U. S. Treasury bond selling at par; the other is a municipal bond with a 4.25 percent coupon, which is also selling at par. Which of these two bonds should the ...
Saturday, June 28, 2014 at 6:09pm

Finance
The price of Garden Designs, Inc. is now $ 85. The company pays no dividends. Sean Perth expects the price four years from now to be $ 125 a share. Should Sean buy Garden Designs if he wants a 15 percent rate of return? Explain.
Saturday, June 28, 2014 at 5:25pm

Corporate Finance
Avicorp has a $14.3 million debt issue outstanding with a 6.1% coupon rate. The debt has semi-annual coupons. The next coupon is due in six months and the debt matures in five years it is currently priced at 95% of par value a) What is Avicorp's pre-tax cost of debt? Note...
Saturday, June 28, 2014 at 3:32am

math
Barry heard in his Personal Finance class that he should start investing as soon as possible. He had always thought that it would be smart to start investing after he finishes college and his salary is high enough to pay the bills and to have money left over. He projects that ...
Thursday, June 26, 2014 at 9:06pm

Math
Sara had just rented her first apartment starting December 1 before beginning college in January. The apartment had washer and dryer hook-ups, so Sara wanted to buy the appliances to avoid trips to the Laundromat. The Saturday newspaper had an advertisement for a local ...
Thursday, June 26, 2014 at 5:50pm

math
Sara had just rented her first apartment starting December 1 before beginning college in January. The apartment had washer and dryer hook-ups, so Sara wanted to buy the appliances to avoid trips to the Laundromat. The Saturday newspaper had an advertisement for a local ...
Thursday, June 26, 2014 at 12:42am

math
A carpenter spent $4500 to purchase a table saw , a circular saw, and a panel saw. He paid 5% down and financed the balance with a 30-month fixed installment loan with an APR of 5.0%. Determine the total finance charge and monthly payment for the loan.
Tuesday, June 24, 2014 at 7:10pm

Finance
An investor is thinking about buying some shares of a company at $ 75 a share. She expects the stock to rise to $ 115 a share over the next 3 years. During that time, she also expects to receive annual dividends at $ 4 a share. Assuming that the future value and the dividends ...
Tuesday, June 24, 2014 at 9:06am

Corporate Finance
Avicorp has a $14.3 million debt issue outstanding with a 6.1% coupon rate. The debt has semi-annual coupons. The next coupon is due in six months and the debt matures in five years it is currently priced at 95% of par value a) What is Avicorp's pre-tax cost of debt? Note...
Monday, June 23, 2014 at 4:52pm

finance
A year ago, the Alpine Growth Fund was being quoted at an NAV of $21.50 and an offer price of $23.35; today, it’s being quoted at $23.04 (NAV) and $25.04 (offer). Use the approximate yield formula or a handheld financial calculator to find the rate of return on this load ...
Monday, June 23, 2014 at 2:02pm

Finance
An investor in the 28% tax bracket is trying to decide which of two bonds to select: one is a 5.5% U.S. Treasury bond selling at par; the other is a municipal bond with a 4.25% coupon, which is also selling at par. Which of these two bonds should the investor select? Why?
Sunday, June 22, 2014 at 6:02pm

Survey of Mathematics
On January 5, Ebony Davis borrowed $6,500 on a simple interest loan from a lending institution to finance her catering business. She borrows the money at a rate of 8.5% with a term ending on December 9. a. Calculate Ebony's interest on the simple interest loan if she waits...
Sunday, June 22, 2014 at 11:41am

finance
find the amount for each ordinary annuity if there are payments of $700.00 at the end of each month into an account that pays 10% per annum, compounded monthly
Saturday, June 21, 2014 at 1:09pm

Urgent! Help please!
On January 5, Ebony Davis borrowed $6,500 on a simple interest loan from a lending institution to finance her catering business. She borrows the money at a rate of 8.5% with a term ending on December 9. a. Calculate Ebony's interest on the simple interest loan if she waits...
Friday, June 20, 2014 at 3:34pm

Survey of mathematics
On January 5, Ebony Davis borrowed $6,500 on a simple interest loan from a lending institution to finance her catering business. She borrows the money at a rate of 8.5% with a term ending on December 9. a. Calculate Ebony's interest on the simple interest loan if she waits...
Friday, June 20, 2014 at 1:47pm

Finance
1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
Wednesday, June 18, 2014 at 8:03pm

Finance
1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
Wednesday, June 18, 2014 at 7:41pm

Finance
1. (Covered Interest Arbitrage) Harry Norman, a foreign exchange trader at UBS’s office in Tokyo has $2,000,000 or its yen equivalent to invest. He faces the following exchange rates and interest rates. Show how can he profit from the covered interest arbitrage? Spot rate...
Wednesday, June 18, 2014 at 7:37pm

Finance
Carry Trade Strategy)In Jan 2003, the interest rate on Japanese Yen was 0.5% and on Australia dollar was 6%. The spot rate was S(¥/AU$)=69.28. Tom Bohn, a hedge fund trader specializing in FX trading in Blackrock Inc, started a carry trade between Yen and Australia for one...
Wednesday, June 18, 2014 at 7:36pm

Algebra/please can some one help I forgot
ind the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $450,000 for a warehouse with a 7.50% 30-year loan Thank you for your help.
Tuesday, June 17, 2014 at 10:32pm

Finance
Templeton Extended Care Facilities, Inc. is considering the acquisition of a chain of cemeteries for $400 million. Because the primary asset of this business is real estate, Templeton’s management has determined that they will be able to borrow the majority of the money ...
Tuesday, June 17, 2014 at 12:47pm

Finance
One of Wildcat's competitors has a total assets turnover equal to 2.0, a return on equity equal to 15%, and a debt ratio equal to 60%. The company is financed with debt and common stock. What is this company's Return on Assets and Net Profit Margin?
Monday, June 16, 2014 at 9:06am

finance
You wish to retire in 12 years and currently have $50,000 in a savings account yielding 5 percent annually and $100,000 in quality "blue chip" stocks yielding 10 percent. If you expect to add $30,000 at the end of each year to your stock portfolios, how much will you ...
Friday, June 13, 2014 at 10:22am

finance
Innovation Company is thinking about marketing a new software product. Upfront cost to market and develop the product are $5 million. The product is expected to generate profits of $1 million per year for 10 years. The company will have to provide product support expected to ...
Friday, June 13, 2014 at 5:48am

POL 201 week 1 Quiz
Question 1.1. In John Locke’s social contract, we (Points : 1) submit to the absolute authority of the sovereign. donate all our property to the aristocracy. can rebel against the sovereign whenever we want. exchange our absolute liberty for political freedom. Question 2...
Monday, June 9, 2014 at 9:26pm

personal finance
If Bridgette marrow is a sophomore at state college ad is running out of money. wanting to continue her education, Bridget is considering a student loan. Explain her options. How can she best minimize her borrowing costs and maximize her flexibility?
Sunday, June 8, 2014 at 10:13pm

Math Personal Finance
A friend tells you that her savings account doubled in 9 years. Use the Rule of 72 to estimate what the APR of her account was.
Sunday, June 8, 2014 at 5:49pm

Math Personal Finance
A friend tells you that her savings account doubled in years. Use the Rule of 72 to estimate what the APR of her account was. APR=____%
Sunday, June 8, 2014 at 4:16pm

Math Personal Finance
What is the present value of an investment that will be worth $2000 at the end of five years? Assume an APR of 6% compounded monthly. Present Value= $____
Sunday, June 8, 2014 at 4:16pm

Math Personal Finance
What is the present value of an investment that will be worth $2000 at the end of five years? Assume an APR (Annual Percentage Rate) of 6% compounded monthly. The present value is $_____ .
Sunday, June 8, 2014 at 4:15pm

Math Personal Finance
Assume an 18-month CD purchased for $7000 pays an APR of 5% compounded monthly. What is the APY? APY=____%
Sunday, June 8, 2014 at 4:14pm

Math Personal Finance
Assume an investment of $100 earns an APR (Annual Percentage Rate) of 5% compounded annually. The balance after 190 years will be $______.
Sunday, June 8, 2014 at 4:13pm

Math Personal Finance
Assume an investment of $7000 earns an APR (Annual Percentage Rate) of 6% compounded monthly for 18 months. The money in your account after 18 months will be $______.
Sunday, June 8, 2014 at 4:13pm

Math Personal Finance
Assume we invest $2000 for one year in a savings account that pays an APR (Annual Percentage Rate) of 10% compounded quarterly. The compound interest formula is: Balance after t periods = Principal × (1 + r)t The final balance using the compound interest formula is $...
Sunday, June 8, 2014 at 4:12pm

Math Personal Finance
Assume we invest $2000 for one year in a savings account that pays an APR (Annual Percentage Rate) of 10% compounded quarterly. Calculate the interest and compound it by hand each quarter rather than using the compound interest formula. The total interest the account has ...
Sunday, June 8, 2014 at 4:12pm

Math Personal Finance
Assume a 30-month CD purchased for $4000 pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
Sunday, June 8, 2014 at 4:10pm

Personal Finance
Suppose you put in a savings account at an APR of 6% compounded monthly. Fill in the table below rounding your answers to the nearest cent. (Calculate the interest and compound it by hand each month rather than using the compound interest formula.) Month Interest Earned ...
Sunday, June 8, 2014 at 3:50pm

Math Personal Finance
Assume a 30-month CD purchased for pays simple interest at an annual rate of 5.5%. How much total interest does it earn? What is the balance at maturity?
Sunday, June 8, 2014 at 3:42pm

Finance
a. Calculate the values of the bonds if your required rates of return are as follows: Microsoft, 6 percent; Ford, 15 percent; Xerox, 10 percent; where MICROSOFT FORD XEROX Coupon interest rate 5.25% 7.13% 8.00% Years to maturity 30 25 16
Sunday, June 8, 2014 at 3:19pm

Corporate Finance
Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,163,720. have a life of five years, and would produce the cash flows shown in the following table. Year Cash Flow 1 $...
Sunday, June 8, 2014 at 12:43pm

Finance
Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished foods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases ...
Saturday, June 7, 2014 at 3:16pm

Finance
I am borrowing $ 10,000 for 5 years at 7% . Payments are made on a monthly basis and are determined using the add- on method. 1: How much total interest will I pay on the loan if I held it for the full 5 year term ? 2 : What would my monthly payments be and 3: How much higher ...
Saturday, May 31, 2014 at 10:54am

Finance
Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not effective) annual rate of return?
Tuesday, May 27, 2014 at 10:05pm

Math - Personal Finance
Ina is negotiating a mortgage of $145 000 for her new house. Determine Ina's monthly payments for a mortgage at 5% annum, compounded semi-annually, amortized over 25 years. How much will Ina pay over the 25 years to pay off this mortgage?
Sunday, May 25, 2014 at 9:29pm

Math
Your credit card has a balance of $1000 and an interest rate of 21%. Each month you make the minimum requirement of $20. During January 10 through February 9 billing period you pay the minimum required payment on january 25th. find the average daily balance, finance charge, ...
Thursday, May 22, 2014 at 1:25am

Finance
Select the right statement(s). A coherent measure of risk is: Sub-additive Possibly Homogeneous Translation Invariant Concave Monotone
Tuesday, May 20, 2014 at 3:40pm

Math Finance
We have two independent investments. Each of them may have a 1% chance of a loss of 10 million dollars, a 2% chance of a loss of 5 million, a 3% chance of a loss of 1 million, and a 94% chance of a profit of 1 million. (Express all the following answers in million dollars: 100...
Tuesday, May 20, 2014 at 3:38pm

algebra
Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10 days for a payment to be received and recorded, and that the month is 30 days long. (Round your answers to the nearest cent.) $300 balance, 18%, $50 payment (a) previous balance ...
Sunday, May 18, 2014 at 3:15pm

Finance
The Fridge-Air Company's preferred stock pays a dividend of $4.50 per share annually. If the required rate of return on comparable quality preferred stocks is 14 percent, calculate the value of Fridge-Air's preferred stock. What fomula to use?
Thursday, May 15, 2014 at 7:05pm

Can someone show me the right direction
Find the monthly payment for the loan. (Round your answer to the nearest cent.) Finance $850,000 for a warehouse with a 11.50% 30-year loan. $850,000x.1150 I don't know if I x or divide. the 30 year loan Thank you.
Tuesday, May 13, 2014 at 1:08pm

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