Friday
October 31, 2014

Homework Help: Business: Finance

Recent Homework Questions About Finance

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FINANCE
12. Bond Quotes Consider the following bond quote: a municipal bond quoted at 101.25. If the municipal bond has a par value of $5,000, what is the price of the bond in dollars?
Friday, October 31, 2014 at 2:18am

FINANCE
10. Bond prices and interest rate An 8 percent coupon bond with 15 years to maturity is priced to offer a 9 percent yield to maturity. You believe that in one year, the yield to maturity will be 6.5 percent. What is the change in price the bond will experience in dollars? (...
Friday, October 31, 2014 at 2:17am

FINANCE
8. Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: 1R1 = 5 percent, E(2r1) = 6 percent, E(3r1) = 7.5 percent E(4r1) = 6.85 percent Using the ...
Friday, October 31, 2014 at 2:16am

FINANCE
8. Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: 1R1 = 5 percent, E(2r1) = 6 percent, E(3r1) = 7.5 percent E(4r1) = 6.85 percent
Friday, October 31, 2014 at 2:16am

FINANCE
7. Forecasting interest rates Assume the current interest rate on a one-year Treasury bond (1R1) is 5.50 percent, the current rate on a two-year Treasury bond (1R2) is 5.95 percent, and the current rate on a three-year Treasury bond (1R3) is 8.50 percent. If the unbiased ...
Friday, October 31, 2014 at 2:15am

FINANCE
6. On May 23, 2014, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows: 1R1 = 4.55 percent, 1R2 = 4.75 percent, 1R3 = 5.25 percent, 1R4 = 5.95 percent Using the unbiased expectations theory, ...
Friday, October 31, 2014 at 2:15am

FINANCE
5. Forecasting Interest Rates Assume the current interest rate on a one-year Treasury bond (1R1) is 5.00 percent, the current rate on a two-year Treasury bond (1R2) is 5.75 percent, and the current rate on a three-year Treasury bond (1R3) is 6.25 percent. If the unbiased ...
Friday, October 31, 2014 at 2:14am

FINANCE
4. Liquidity Premium Hypothesis Suppose we observe the following rates: 1R1 = 8 percent, 1R2 = 10 percent, and E(2r1) = 8 percent. If the liquidity premium theory of the term structure of interest rates holds, what is the liquidity premium for year 2, L2?
Friday, October 31, 2014 at 2:14am

FINANCE
3. Unbiased Expectations Theory One-year Treasury bills currently earn 5.50 percent. You expect that one year from now, one-year Treasury bill rates will increase to 5.75 percent. If the unbiased expectations theory is correct, what should the current rate be on two-year ...
Friday, October 31, 2014 at 2:13am

FINANCE
2. Interest rates A two-year Treasury security currently earns 5.25 percent. Over the next two years, the real interest rate is expected to be 3.00 percent per year and the inflation premium is expected to be 2.00 percent per year. What is the maturity risk premium on the two-...
Friday, October 31, 2014 at 2:12am

FINANCE
1. Interest rates A particular security's default risk premium is 3 percent. For all securities, the inflation risk premium is 2 percent and the real interest rate is 2.25 percent. The security's liquidity risk premium is 0.75 percent and maturity risk premium is 0.90 ...
Friday, October 31, 2014 at 2:11am

finance
(Defining capital structure weights) Templeton Extended Care Facilities, Inc. is considering the acquisition of a chain of cemeteries for $400 million. Since the primary asset of this business is real estate, Templeton's management has determined that they will be able to ...
Thursday, October 30, 2014 at 4:07am

Finance
The 6 percent, semi-annual bonds issued by Black Water Mills mature in 9 years and have a face value of $2,200. What is the current value of one of these bonds if the market rate of return is 11.10 percent?
Wednesday, October 29, 2014 at 8:56pm

Finance
Your company is considering diversifying its investment in financial securities into both stocks and bonds. You are asked to evaluate the following alternatives and make your recommendations as to the securities that your company should select. Bonds: There are several bonds ...
Monday, October 27, 2014 at 9:32pm

Corporate Finance
Your company is considering diversifying its investment in financial securities into both stocks and bonds. You are asked to evaluate the following alternatives and make your recommendations as to the securities that your company should select. Bonds: There are several bonds ...
Monday, October 27, 2014 at 10:49am

finance
Assume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D0 = $0.90; P0 = $30.00; and g = 7.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings?
Sunday, October 26, 2014 at 8:13pm

history
What changes occurred in agriculture, finance, and industry during the 18th century?
Sunday, October 26, 2014 at 2:25am

Finance for Mgrs
a. Find the marginal tax rate for the following levels of corporate earnings before taxes: $11,000, $81,600, $304,000, $496,000, $1,300,000, $9/3 million, and $20.4 million b. B. Plot the average tax rates (measured on the y axis) against the pretax income levels (measured on ...
Saturday, October 25, 2014 at 6:10pm

Managerial Finance
The future value of an ordinary annuity of 1,000 each year for ten years, deposited at 3 percent, is A. 11,808 B. 8,530 C. 11,464 D. 10,000
Friday, October 24, 2014 at 1:59pm

Finance
The present value of a $25,000 perpetuity at a 14 percent discount rate is A. 178,571 B. 285,000 C. 350,000 D. 219, 298
Friday, October 24, 2014 at 1:09pm

Finance
24.) For the case shown in the following table, the future value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified equals Single Cash Flow $27,000 Deposit Period (years) 20 Interest Rate 11% a...
Thursday, October 23, 2014 at 5:20pm

Managerial Finance
24.) For the case shown in the following table, the future value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified equals Single Cash Flow $27,000 Deposit Period (years) 20 Interest Rate 11% a...
Thursday, October 23, 2014 at 3:00pm

Math
You are the financial manager at Best Buy where a certain TV set is normally sold for $2,500 and the full purchase price is financed for 30 monthly payments at 24% per year compounded monthly, with the payments made at the end of each month. During Christmas Best Buy is ...
Wednesday, October 22, 2014 at 8:49pm

Finance
The requirement for computer server capacity at Acme Industries is expected to increase at a rate of 15% per year for the next 5 years. If the server capacity is expected to be 1,400 gigabytes in 5 years, how many gigabytes of capacity are there today? Round to the nearest ...
Wednesday, October 22, 2014 at 12:47pm

health finance
great forks hospital reported net income for 2011 of $2.4 million on total revenue of $30 million. Depreciation expense totaled $1 million a. what were total expenses for 2011? b. what were total cash expenses for 2011? (Hint: assume that all expenses, except depreciation, ...
Wednesday, October 22, 2014 at 9:53am

finance
Bill is a restaurant manager that falls into the 25% marginal bracket and pays an additional 5% for state taxes. He has invested 20,000 in corporate bonds which is currently earning a annual return of 7.5%. What is the after tax return on bill's corporate bonds for the year?
Tuesday, October 21, 2014 at 11:38pm

Finance
Condo costs $150,000 buyer gets 15 year mortgage @ 4% . A 15% down payment is required , 1 point is required .
Monday, October 20, 2014 at 2:41pm

Finance
You want to have $5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 12 percent and the inflation rate is 5 percent. What real amount must you deposit each year to achieve your goal?
Sunday, October 19, 2014 at 1:09pm

Business Math
Jeanna wants to buy a new boat for her family. She has two payment options. The first option is to pay a cash payment of $7,200. The second option is to finance the boat with a three year installment loan. The loan requires a 10% down payment and 36 equal monthly payments of $...
Sunday, October 19, 2014 at 4:43am

finance
Suppose an investment offers to triple your money in 36 months (don’t believe it). What rate of return per quarter are you being offered
Friday, October 17, 2014 at 8:19am

Finance
Sully Corp. currently has an EPS of $2.14, and the benchmark PE ratio for the company is 20. Earnings are expected to grow at 7.5 percent per year. What is the target stock price in 1 year? Assuming that the company pays no dividends, what is the implied return on the company...
Thursday, October 16, 2014 at 5:34pm

finance
If interest rates increase after a bond issue, what will happen to the bond’s price and yield-to-maturity
Monday, October 13, 2014 at 10:38pm

Finance
Due to poor spending habits, Bryant has accumulated $5,000 in credit card debt. He has missed several payments and now the annual interest rate on the card is 16.75 percent! If he pays $200 per month on the card, in total, how much interest expense does Bryant pay to the ...
Monday, October 13, 2014 at 9:57pm

Finance
19. Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
Monday, October 13, 2014 at 9:56pm

Finance
A mortgage broker is offering a $225,000 30-year mortgage with a teaser rate. In the first two years of the mortgage, the borrower makes monthly payments on only a 2.5 percent APR interest rate. After the second year, the mortgage interest rate charged increases to 8.5 percent...
Monday, October 13, 2014 at 9:55pm

Finance
Your client has been given a trust fund valued at $1 million. She cannot access the money until she turns 68 years old, which is in 12 years. At that time, she can withdraw $30,000 per month. If the trust fund is invested at a 7 percent interest rate, how many months will it ...
Monday, October 13, 2014 at 9:54pm

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
Monday, October 13, 2014 at 9:49pm

Finance
Say that you purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. Assume you get a 15-year mortgage with a 6 percent interest rate. If the house appreciates at a 2 percent rate per year, what will be the value of the house in ...
Monday, October 13, 2014 at 9:30pm

Finance
As a college student, you probably receive many credit card offers in the mail. Consider these two offers. The first card charges a 17 percent APR. An examination of the footnotes reveals that this card compounds monthly. The second credit card charges 16.25 percent APR and ...
Monday, October 13, 2014 at 9:29pm

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
Monday, October 13, 2014 at 9:29pm

Finance
3. What is the value in year 20 of a $1,000 cash flow made in year 8 if interest rates are 15 percent in years 6 through 13 and increase to 18 percent in the remaining years?
Monday, October 13, 2014 at 9:28pm

Finance
Anna has been saving $450 in her retirement account each month for the last 20 years and plans to continue contributing $450 each month for the next 20 years. Her account has been earning a 9 percent annual interest rate and she expects to earn the same rate for the next 20 ...
Monday, October 13, 2014 at 9:22pm

Finance
12. Your current $155,000 mortgage calls for monthly payments over 25 years at an annual rate interest rate of 6 percent. If you pay an additional $50 each month beginning with the first payment, how much interest expense do you save by pre-paying?
Monday, October 13, 2014 at 9:22pm

Finance
11. Loan Payments You wish to buy a $30,000 car. The dealer offers you a 4-year loan with a 6 percent APR. What are the monthly payments? How would the payment differ if you paid interest only? What would the consequences of such a decision be?
Monday, October 13, 2014 at 9:21pm

Finance
10. Compute the present value of $3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4.
Monday, October 13, 2014 at 9:20pm

Finance
6. You are scheduled to pay a $350 cash flow in one year, and receive a $1,000 cash flow in years 3 and 4. If interest rates are 10 percent per year, what is the combined present value of these cash flows?
Monday, October 13, 2014 at 9:19pm

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 the last five years. There are $350,000 shares of preferred ...
Monday, October 13, 2014 at 8:15pm

Kennedy king finance
10. Compute the present value of $3,000 paid in four years using the following discount rates: 3 percent in year 1, 4 percent in year 2, 5 percent in year 3, and 6 percent in year 4.
Monday, October 13, 2014 at 3:45pm

Kennedy King finance
9. Compute the present value of $4,000 paid in five years using the following discount rates: 10 percent in year 1, 2 percent in year 2, 12 percent in year 3, and 9 percent in years 4 and 5.
Monday, October 13, 2014 at 3:44pm

Kennedy king finance
8. You invested $2,000 in the stock market one year ago. Today, the investment is valued at $9,500. What return did you earn? What return would you need to suffer next year for your investment to be valued at the original $2,000?
Monday, October 13, 2014 at 3:44pm

Kennedy king finance
8. You invested $2,000 in the stock market one year ago. Today, the investment is valued at $9,500. What return did you earn? What return would you need to suffer next year for your investment to be valued at the original $2,000?
Monday, October 13, 2014 at 3:37pm

Finance
Present Value of an Annuity Sandra and Regina earn the same salary. However, Regina has been far more financially responsible. She pays her bills on time and pays off her credit card debt quickly. Sandra had been less financially responsible. She often buys too many shoes and ...
Monday, October 13, 2014 at 12:09pm

Buisness finance
4. A firm's net income last year was $1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
Monday, October 13, 2014 at 12:06pm

Finance kennedy king
4. A firm's net income last year was $1.5 million. Its net income grew 5 percent during the last 5 years. If that growth rate continues, how long will it take for the firm's net income to double?
Monday, October 13, 2014 at 11:59am

Finance math
9. Compute the present value of $4,000 paid in five years using the following discount rates: 10 percent in year 1, 2 percent in year 2, 12 percent in year 3, and 9 percent in years 4 and 5.
Sunday, October 12, 2014 at 11:52pm

finance
Sales (100 units) $200 Variable costs ($.80 ea) 80 Fixed Costs 20 EBIT 100 Interest Expense 30 EBT 70 Income tax 24 Net Income 46 Breakeven point in units
Sunday, October 12, 2014 at 6:49pm

Finance
You account pays interest at 8 percent p.a. You deposit $35,945 in it today. You must have exactly $88,956 in the account at the end of two years. What should you do at the end of the first year to ensure this? Answer: $43,544.99 Can anyone show me the steps to solve this ...
Sunday, October 12, 2014 at 2:58pm

Finance
You want to withdraw $39,944 from your account that the end of one year and $24,608 at the end of the second year. How much should you deposit in your account today so that you can make these withdrawals? Your account pays 15 percent p.a. Answer: $53,341.10 Can someone provide...
Sunday, October 12, 2014 at 2:54pm

Finance
You have just deposited X dollars in your bank account that pays interest of 6 percent p.a. you discover that at the end of one year you have $19,935 in the account. What was X, that is, the amount of money that you deposited today? Answer: $18,806.60 Can anyone provide me the...
Sunday, October 12, 2014 at 2:52pm

Math: Finance
Need help solving these finance questions? PV = C/r PV= C/r-g P= D/r-g 1st: Tom is 30 years old today. His salary next year will be $20,000. He forecasts salary growth of 5%/year and plans to retire at 60. 1) If the discount rate is 8%, what is the PV of his future salary ...
Wednesday, October 8, 2014 at 7:29pm

finance
You have been living in the house you bought 10 years ago for $300,000. At that time, you took out a loan for 80% of the house at a fixed rate 15-year loan at an annual stated rate of 9%. You have just paid off the 120th monthly payment. Interest rates have meanwhile dropped ...
Wednesday, October 8, 2014 at 1:57pm

Finance
Your program has a proposed RDT&E-funded project scheduled to start in January 2015 which is expected to take 16 months to complete. The project is expected to cost a total of $16 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month...
Wednesday, October 8, 2014 at 11:02am

math
Carla Compra borrowed $800 at 14% for one year. She paid a $15 processing fee. The interest paid will be $. Thus, the total finance charge (the interest plus the processing fee) will be $ Therefore, to the nearest tenth, the APR = total finance charge ÷ amount borrowed...
Tuesday, October 7, 2014 at 7:15pm

finance
1.Bill and Warren are thinking about issuing 11 percent coupon bonds that will mature in 15 years. Market interest rates are 13 percent. What could they sell each of the bonds for?
Tuesday, October 7, 2014 at 4:22pm

Finance
An insurance company says you can pay for your life insurance by paying $100 at the beginning of each year or $51.50 at the beginning of each half-year. They say the rate of interest underlying this calculation is j2=3%. What is the true value of j2? The answer in the textbook...
Sunday, October 5, 2014 at 10:02pm

Finance
Interest rates on 2-year Treasury securities are currently 5.00%, while 5-year Treasury securities yield 10.00%. If the pure expectations theory is correct, what does the market believe that 3-year securities will be yielding 2 years from now?
Sunday, October 5, 2014 at 7:32pm

Fiancne
Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson. The company purchases real estate, including land and buildings, and rents the property to tenants. The company has shown a profit every year for the past 18 years, and the ...
Tuesday, September 30, 2014 at 2:36pm

Finance
What happens to the cash flow statement for a company operating on a calendar year when a sale is made in December but the firm isn’t paid until the following January?
Saturday, September 27, 2014 at 3:37pm

Finance
1. What happens to companies with high operating leverage when the market declines? What happens when the market expands?
Saturday, September 27, 2014 at 3:36pm

Personal Finance (Math)
Becka borrowed $100 from her cousin at the rate of 6% per year. If the inflation rate was 2% that year, what is her cousin's actual rate of return on the loan? How do you work this out?
Saturday, September 27, 2014 at 2:14pm

Global Business Management
What are five global or regional trends that influence China? How do these trends affect marketing, finance, value chain, human resources, and economics, within China?
Friday, September 26, 2014 at 1:41pm

Finance
Paul's credit card closes on the 14th of the month and his payment is due on the 25th . If he purchases a $300 stereo on the 18th , how many interest days will he have? I need the answer and how you answered it? Thank you so much!
Wednesday, September 24, 2014 at 7:17pm

Personal Finance
Claire earned $9000 in a 15 month CD that pays an annual 8.67% . How much did Claire earn with this? Could you show me the steps to the answer
Wednesday, September 24, 2014 at 10:11am

Finance
Use the following information to calculate the covariance of asset A with an equally weighted portfolio of assets B and C. Asset Standard Deviation A 20% B 30% C 40% The correlation coefficient between A and B is 0.6. The correlation coefficient between A and C is 0.5. The ...
Monday, September 22, 2014 at 1:02pm

Finance
Monthly fee $4 check-processing fee of 20 cents, average of 23 checks written per month
Sunday, September 21, 2014 at 10:06pm

Finance
You buy some furniture for $600. The department store offers you “no interest for 8 months” after which you can pay the $600 in one lump sum. To take advantage of this deal, the store charges a $25 service fee, which is to be paid today. What rate of simple interest ...
Sunday, September 21, 2014 at 8:34pm

Finance
Explanation on how to work this problem. Claire has invested $10,000 in a 15 month CD that pays an annualized rate of 9.02% . How much interest will Claire receive at maturity?
Saturday, September 20, 2014 at 9:50pm

Finance
Sue how did you get the 0.05 % on my last question. And here is another problem. Claire is depositing $14,000 in a 24 month CD that pays an annualized rate of 3.85%. How much will Claire receive at maturity.
Saturday, September 20, 2014 at 12:49pm

Finance
How do you figure out these kind of problems. Lisa is depositing $2700 in a 6 month CD that pays 3.71% interest. How much will she accrue if she holds the CD till maturity?
Saturday, September 20, 2014 at 12:16pm

Finance
2.Calculate the growth rate of Asset J dividends, we have to assume that future dividend payments will grow at a constant rate into the future forever. This constant rate can be estimated by calculating the average growth rate from the past dividends. Calculate Asset J’s ...
Friday, September 19, 2014 at 12:53am

Personal Finance
B. 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 amount to $3,500? Would it make any differences if they were already making monthly installment loan payments ...
Wednesday, September 17, 2014 at 1:57pm

Corporate Finance
A 15-year annuity pays $1,750 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the annuity?
Tuesday, September 16, 2014 at 8:23pm

Finance/Economics
You can invest your money in a taxable corporate bond paying 10% interest or a tax-free municipal bond paying 7% interest. Which would pay the higher after tax interest if you are in the 28% tax bracket?
Tuesday, September 16, 2014 at 2:29pm

Finance
we have two stocks Stock A and Stock B, Both stocks have the same expected rate of return 11%, but have different Standard Deviation 12%, and 20% respectively. based on the information above can we conclude that any rational risk-averse investor will add stock A to a well ...
Tuesday, September 16, 2014 at 11:30am

Finance
Briefly discuss the concept of relevant cash flows when evaluating a new project
Tuesday, September 16, 2014 at 10:15am

History
I have to write solutions on how to solve the social security problem (the amount to pay retirees will exceed the amount collected to finance the program.) The solutions are, raising the taxes that finance S.S. and Paying S.S. benefits only to people who earn less than a ...
Monday, September 15, 2014 at 5:33pm

business finance
please point me in the right direction to begin. Thanks! Your small business needs to buy new office furniture for your new headquarters. You have the option of leasing the furniture, or buying the furniture. You can purchase the furniture for $15,000 per year, or lease the ...
Monday, September 15, 2014 at 4:08pm

business finance
I am in need of some major help. Your small business needs to buy new office furniture for your new headquarters. You have the option of leasing the furniture, or buying the furniture. You can purchase the furniture for $15,000 per year, or lease the same furniture for $5,000 ...
Monday, September 15, 2014 at 4:06pm

Finance
Within the context of investment, explain how CAPM can be useful to investors.
Monday, September 15, 2014 at 1:13pm

Finance
suppose the interest rate is 8% APR with monthly compounding. what is the present value of the annuity that pays $100 for every 6 years?
Sunday, September 14, 2014 at 6:33pm

Finance
Assets required for operation: $2,000 Case A – firm uses only equity financing Case B – uses 30% debt with a 10% interest rate and 70% equity Case C – firm uses 50% debt with a 12% interest rate and 50% equity
Friday, September 12, 2014 at 12:56am

History
I am home schooled and I am suppose to ask people their ideas on how to solve the Social Security problem. It says in my book the population of working Americans is not growing quickly enough to fund continued increases in Social Security spending. At some point after the year...
Thursday, September 11, 2014 at 11:29am

finance
A stock had returns of 8%, 14%, and 2% for the past three years. Based on these returns, what is the probability that this stock will earn more than 20% in any one given year?
Wednesday, September 10, 2014 at 2:22am

finance help plz
Flem company considering replacing a filling line at oklahoma.The existing line was purchased several years ago 600,000.The line book value is 200,000, and flem managament feels that could be sold at this time for $150,000.A new increased capcity line can be purchased for 1,...
Tuesday, September 9, 2014 at 5:28pm

Finance
Sammy's Shovels had sales of $ 58,247 in 2010. The cost of goods sold was $ 36,014 , operating expenses (excluding depreciation) were $ 18,361 , interest expenses were $ 2,198 , depreciation expense was $ 7,821 , and dividends paid were $ 3,228 . The firm's tax rate is...
Tuesday, September 9, 2014 at 3:13pm

finance
I'm in great need of help with a finance problem. You are a small business owner and you have the opportunity to expand your facility, which will increase your production capacity over the next 5 years. The expansion will cost $60,000 and additional equipment will cost ...
Tuesday, September 9, 2014 at 8:47am

Finance
I really really need some help on this one!!! All I need is for someone to point me in the right direction. I have filled in the blanks of the income statement and figured out what the net income is. I am very stuck. How do I get the depreciation expense based on this ...
Sunday, September 7, 2014 at 6:03pm

Finance
How do I get the depreciation expense based on this information: sales = $51,700; costs = $39,100; addition to retained earnings = $2,925; dividends paid = $960; interest expense = $1,510; tax rate = 30 percent
Sunday, September 7, 2014 at 3:49pm

Mathematics for business & finance
A beach apartment rented for Rs. 5000 per month during the 3 summer months and for Rs. 1800 per month during the remainder of the year. During 1 year, it was occupied for only 9 months, and rentals amounted to Rs. 22600.
Thursday, September 4, 2014 at 12:49am

FINANCE
how long would it take an investment to halve in value if it depreciates at a rate of 12,5% per annum on a straight line method?
Wednesday, September 3, 2014 at 1:25pm

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