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Recent Homework Questions About Finance
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Bus Finance
I have inherited $40,000. I want to save it for 5 years to make down payment on new home. I get info from two diff banks. Bank A - 5.78% APR with semi annual compounding. Bank B - 5.75% APR with daily compounding. Which bank would you use to maximize your return? For Bank A - ...
Bus Finance
You want to purchase a home. cost $165,000. you have $40,000 downpayment. you want to finance rest at 3.5% for 15 years. how much will monthly mortgage be? How much in total will you pay over the 15 years even counting the downpayment? I came up with payment of $893.6 for ...
Business Finance
you are saving for your child's college.. there are 15 years before they will be in college. you have saved 0 so far. Your goal is $98,000. assume annual in rate is 8%. how much must you save at the end of each year in equal amounts to reach your goal? I know that with the...
Finance
You will need the following info to solve the problem: You can cover a sheet of paper with 6 $100 bills There are 500 sheets of paper in 1 ream There are 10 reams in 1 carton Imagine that you have inherited $1 million . The bank has only $700,000 in $100 bill. The bank gives ...
Business Finance
Mobile Oil Company accepted a $10,000, 120 day note, dated on March 3, at 8.5% to settle past due accounts receivable. Mobile Oil dicounted the note to raise cash on May 10 at a discounted rate 9%. What proceeds did Mobile Oil receive?
Finance
Your consulting firm will produce cash flows of $120,000 this year, and you expect cash flow to keep pace with any increase in the general level of prices. The interest rate currently is 6.4%, and you anticipate inflation of about 2.4%. What is present value for years 1 ...
Business Finance
Mobile Oil Company accepted a $10,000, 120 day note, dated March 3, at 8.5% to settle a past due accounts receivable. Mobile Oil discounted the note to raise cash on May 10 at a discounted rate of 9%. What proceeds did Mobile Oil receive?
Business Finance
Thanks Henry
Business Finance
Lisa Kane borrowed $8000 on an 8%, 60 day note. After 15, days Lisa paid $2000 on the note. On day 45, Lisa paid $4000 on the note. What is the total interest and ending balancce bue by the U.S rule? Use ordinary interest.
Business Finance
Sullivan's Handbags marks up their bags at 45% of the selling price. Pat Sullivan saw a bag at a trade show that would sell for her customers for $85. What is the most she would pay for the bag and still retain the 45% markup of the selling price? I came up with 84.99 ...
Math
1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vice-president for finance decided to invest $2,000,000 in a 2-month investment that pays 11.5% simple interest. How much interest will the college earn on ...
college algebra
A grandmother is looking for a plan to finance her new grandchild’s college education. She has $25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the ...
finance
Indexing exemptions for inflation. Each year, the Internal Revenue Service adjusts the value of an exemption based on inflation(and rounded to the nearest $50). In a recent year, if the exemption was worth $3,100 and inflation was 4.7 percent, what would be the amount of the ...
personal finance
At what age do you hope to retire? How do you plan to incorporate your retirement in your personal financial plan?
Business
I am looking at buying a new Camry. I think I can talk them down to $19,000. If the bank is willing to finance it for 60 months at 3.75%, what would my monthly payment be?
Finance
Lever Brothers has a debt ratio (debt to assets) of 40%. Management is wondering if its current capital structure is too conservative. Lever Brothers’ present EBIT is $3 million, and profits available to common shareholders are $1,560,000, with 342,857 shares of common ...
Finance
Use your knowledge of balance sheets and common-size statements to fill in the missing dollar amounts: ASSETS Cash $25,000 3.4% Accounts receivable $125,000 _____ Inventory _______ 27.1% Total current assets $350,000 ______ Gross plant and equipment _______ 95.0% Less: ...
Business Finance
The property of Al's garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much would the insurance...
Business Finance
Pete's Warehouse has a market value of $5,000,000. The property in Pete's area is assessed at 40% of the market value. The tax rate of $105.10 per $1000 of assessed value. What is Pete's property tax?
Finance
I am working on an assignment in which I need to put together a pro forma balance sheet. At the end of the assignment, I need to find the predicted values of accounts for the upcoming year. In 2011, Notes Payable was 11.28 million; Long Term Bonds were 7 million; Common Stock ...
Algebra
A grandmother is looking for a plan to finance her new grandchild’s college education. She has $25,000 to invest. Search the internet and locate a long-range investment plan, CD, Savings Bond, etc, for the grandmother. The plan is to earn compound interest. Calculate the ...
finance
A speculator sells a stock short for $55 a share. The company pays a $2 annual cash dividend. After a year has passed, the seller covers the short position at $45. What is the percentage return on the position (excluding the impact of any interest expense and commissions)? ...
Business Finance
The property on Al's garage is worth $300,000. Al has a fire insurance policy of $180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes $210,000 damage? If Al met the coinsurance requirement, how much would the insurance...
Business Finance
Earl Miller plans to buy a boat for $19,500 with an interest charge of $2500. Earl figures he can afford a monthly payment of $650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month?
Finance
. (TCO 3) Mark deposited $1,000 today, in an account that pays eight percent interest, compounded semi-annually. Which one of the following statements is correct concerning this investment? (Points : 3) Mark will earn more interest in year 4 than he will in year 3. Mark will ...
finance
1. Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?
finance
6. You are considering an investment in a one-year government debt security with a yield of 5 percent or a highly liquid corporate debt security with a yield of 6.5 percent. The expected inflation rate for the next year is expected to be 2.5 percent. a. What would be your real...
finance
12. A Treasury note with a maturity of four years carries a nominal rate of interest of 10 percent. In contrast, an eight-year Treasury bond has a yield of 8 percent. a. If inflation is expected to average 7 percent over the first four years, what is the expected real rate of ...
personal finance
Determining the future value of education. Jenny Franklin estimates that as a result of completing her master's degree, she will earn $7,000 a year more for the next 40 years. A.) what would be the total amount of these additional earnings? B.) what would be the future ...
Business Finance
On November 1, 2009, Broom Company received a bank statement that showed a $2950 balance. Broom showed a $4010 checking account balance. The bank didn't return check No. 124 for $1080 and ch for check No.138 for $720. A $3200 deposit made on October 30 was in transit. The ...
finance
A treasury note with a maturity of four years carries a nominal rate of interest of 10%. In contrast, an eight year treasury bond has a yeild of 8%. A. If inflation is expected to average 7% over the first four years,what is the expected real rate of interest. B. If inflation ...
finance
You are considering an investment in a one year government debt security with a yeild od 5% or a highly liquid corporate debt security with a yeild of 6.5%. The expected inflation rate for the next year is expected to be 2.5%. A. what would be your real rate earned on either ...
finance
A thirty year US Treasury bond has a 4.0% interest rate.In contrast a ten year treasury bond has an interest rate of 3.7%. If inflation is expected to average 1.5% points over both the next ten years and thirty years, determine the maturity risk premium for the thirty year ...
finance
Assume investors expect a 2.0% real rate of return over the next year. If inflation is expected to be 5.0%, what is the expected nominal rate dor one year US Treasury security?
Business Finance
Earl Miller plans to buy a boat for $19,500 with an interest charge of $2500. Earl figures he can afford a monthly payment of $650. If Earl has to pay 36 equal monthly payments, by how much can he afford the boat per month?
Business Finance
Jeff Sellers bought 200 shares of Radio Shack stock at $22.35. Eight months later,he sold the stock at $31.76. Assuming a 2% commission charge, what is the bottom line for Jeff?
Business Finance
Sullivan's Handbags mark up their bags at 45% of the selling price. Pat Sullivan saw a bag at a trade show that she would sell to her customers for $85. What is the most she could pay for the bag and still retain the 45% markup of the selling price?
finance
the patel family recently purchased a home taking out a mortage of $235,000 at 8% for 25 years excluding taxes and insurance what is the monthlt piti payment for their loan
Health Finance
Question Details Consider the following 2007 data for Newark General Hospital (in millions of dollars): Static Flexible Actual Budget Budget Results Revenues $4.7 $4.8 $4.5 Costs 4.1 4.1 4.2 Pro?ts 0.6 0.7 0.3 a. Calculate and interpret the pro?t variance. b. Calculate and ...
Business Finance
Morgan company received from Lee Company an invoice dated September 27. Terms were 2/10 EOM. List price on the invoice was $5000(freight not included). Morgan recievves a 9/7 chain discount. Frieght charges are Morgan's responsibility but Lee agreed to prepay the $150 ...
health accounting
explains the relationship between finance and accounting, and how they operate to determine financial viability within a health care organization.
personal finance
calculating future value of retirement account in which you deposit $2,000 a year for 30 years with an annual interest rate of 7 percent?
personal Finance
Pam Thompson is offered a salary of 28,000. The company gives annual raises of 6 percent. What would be pam,s salary during her fifth year on the job.
personal finance
what would be the future value of 280,000 based on an annual interest rate at 6 percent?
Business Finance
The price of a hamburger increased from $1.10 to $1.59. What percent did the price increase?
Business Finance
Please help!!!!!!!!!!! On November 1, 2009, Broom Company recieved a bank statement that showed a $2950 balance. Broom showed a $4010 checking account balance. The bank didn't return check No. 124 for $1080 and check No. 138 for $720. A $3200 deposit made on October 30 was...
Business Finance
Erasers cost $5 per carton and pencils cost $7 per carton. If an order comes in for a total of 15 cartons for $85, how many cartons of each were bought?
Business Finance
Thank you!!!!!!!!!!!!!!
Finance
In November and December 2011, Gee Company, a newly organized magazine publisher, received $36,000 for 1,000 three-year subscriptions as $12 per year, starting with the January 2012 issue of the magazine. How much should Gee report in its 2011 income statement for ...
Business Finance
Using the FIFO method of inventory pricing, what is the dollar value ending inventory if there were 300 units on hand December 31? Auto Parts annual inventory of Windshield Wipers: January 1, Beginning inventory 300 units@11.00 March 15 Purchase 15o units @ 10.50 June 10 ...
Business Finance
How much must be deposited now, at 6% interest compounded semiannually, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?
Finance math
If $100 is invested at 6% compunded A - annually B - quarterly C - monthly what is the amount after 4 years? How much interest is earned?
Business And Finance Mathematics
Total current assests(CA)$20,000 Accounts receivable(AR) $10,000 Current Liabilities(CL) $11,000 Inventory(INV) $4,000 Net sales $30,000 Total assests $25,000 Net income $5,000 1. Calculate current ratio. A. 1.82 B. 1.80 C. 1.28 D .182 2.Calculate acid test. A. 1.52 B. 1.45 C...
Business Finance
I came up with 4.80 per share for the question. A mutual fund has total assets of $57,000,000 and liablities of $8,550,000. If $15,960,000 shares outstanding, what is the net asset value of the fund? Please check my answer.
Business Finance
Cassandra is repaying an installment loan of $3500 with 20 equal monthly payments of $196 each. What is the annual percentage rate of the loan?
Business Finance
How much must be deposited now, at 6% interest compounded semiannully, to yield an annuity payment of $4000 at the end of each six month period, for a total of five years?
math
Vlad purchased some furniture for his apartment. The total cost was $ 2943.37. He paid $ 850 down and financed the rest for 18 months. At the end of the finance period .Vlad owed $ 2147.28 . What annual interest rate, compounded monthly , was he being charged ? Round your ...
math
Vlad purchased some furniture for his apartment. The total cost was $ 2943.37. He paid $ 850 down and financed the rest for 18 months. At the end of the finance period .Vlad owed 4 2147.28 . What annual interest rate, compounded monthly , was he being charged ? Round your ...
Business finance
How much money must be deposited now, at 6% interest compounded semiannually, to yield an annunity payment of $4000 at the end of each six month period, for a totl of five years? Round to the nearest cent
math
Wallace and Sarah purchased furniture for their new home. They had two payment options. The first option is to pay a cash payment of $4200. The second option is to finance the furniture with a two year installment loan. The loan requires 12% down payment and 24 equal monthly ...
Finance
determine the future value of education jenny franklin estimate that as result of completing her master degree , she will earn7000 a yeaar for the next 40 years. a. what would be the total amount of these additional earning
Finance
Nick has a revolving department store credit card account 15%. Last month balance on the account was $423.78. During the current month, he made purchases totaling $123.42 and made a payment of $100. The store uses the unpaid balance method. According to this information, what ...
finance
The required investment is $1 million, and anticipated year-end cash flows are as follows: Year 1 2 3 4 Cash flow $300,000 $400,000 $500,000 $200,000 Compute the net present value rate of return using a 10 percent required return. What should be decision rule in this example.
math
Katie had an unpaid balance of $1,734.50 on her credit card statement at the beginning of January. She made a payment of $165.00 during the month. If the interest rate on Katie's credit card was 7% per month on the unpaid balance, find the finance charge and the new ...
Finance
A bond that has a $1,000 par value (face value) and a contract interest rate of 11.9. The bonds have a current market value of $1,120 and will mature in 10 years. The firm's marginal tax is 34%. What is the cost of capital from this bond debt?
Finance
19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)
Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
Finance
Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also calculate the future value if the investment is made for two years.
Finance
Help me understand how lower wage earner's taxes can be cut when they do not pay taxes at the end of the year to begin with and most will receive more back from filing taxes than they pay in. Where is the greatest benefit?
Finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
finance
19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)
Finance
Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...
finance
19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)
finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
finance
19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)
finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
finance
19. Temple, Inc. has sales of $329,000, cost of goods sold of $204,000, depreciation of $5,900, and interest expense of $15,100. The tax rate is 34 percent. What is the times interest earned ratio? (Please calculate the arithmetic solution and show your work)
finance
28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...
finance
10. A firm has a beta of 1.2. The market return equals 14 percent and the risk-free rate of return equals 6 percent. The estimated cost of common stock equity is _____ percent. (Please calculate the arithmetic solution and show your work)
Finance
When solving for EBIT, What kind of algebra do I use? I replaced EBIT with x. The equation is: (x-0)(1-.4)/80,000=(x-153,400)(1-.4)/40,000
Finance
Weight (lb) Cost (Overnight) Cost (3-Day) 2 $16.00 $2.90 3 $18.25 $3.50 4 $19.50 $3.98 The table above lists shipping rates for DSL (overnight delivery) versus “snail mail” (three-day delivery) for sending a package from Saskatoon Saskatchewan, to Montreal Quebec. ...
finance
A project has the following cash flows. What is the internal rate of return? Year 0 cash flow -$443,600 1 $224,800 2 $224,800 3 $ 67,200
finance
14–1. (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...
Math Finance
How much interest does $2560 earn in 17 months at a rate of 5 1/8 ?
finance
All techniques with NPV profile- mutually exclusive projects. Projects A and B, of equal risk. Are alternatives for expanding Rosa Company’s capacity. The firm’s cost of capital is 13%. The cash flows for each project are shown in the following table. a. Calculate ...
finance
13. A project has the following cash flows. What is the internal rate of return? Year 0 cash flow -$443,600 1 $224,800 2 $224,800 3 $ 67,200 (Please calculate the solution and show your work)
finance
FF has an annual credit sales of $250,000 units with an average collection period of 70 days. The company has a per unit variable cost of $20 and a per unit sale price of $30. Bad debts currently are 5% of sales. The firm estimates that a proposed relaxation of credit would ...
finance
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which account provides the ...
Finance
Danny Joe borrows $10,500 from the bank at 11 percent annually compounded interest to be repaid in six equal annual installments. The interest paid in the first year is: $_________. (Please calculate the arithmetic solution and show your work)
finance
Company sales and profits grow at a rate of 30% per year; at the end of 4 years (t4) the growth rate drops to steady 5%. Company recently paid a dividend of $1 per share, and the required return is 20%. What is the value of one share today (t0)? assuming dividends grow at same...
Finance
3. Determine the operating cash flow (OCF) for Kleczka, Inc., based on the following data. (All values are in thousands of dollars.) During the year the firm had sales of $2,500, cost of goods sold totaled $1,800, operating expenses totaled $300, and depreciation expenses were...
Finance
Modos Company has deposited $2000 in checks received from customers. It has written $1400 in checks to its suppliers. The initial balance was $400. If $1600. of its own checks have cleared, calculate its float
Finance
what is the solution to bunyan lumber lumber 45-year harvest based on $300,000 contribution
Finance
(Inflation) A project’s initial investment is $40,000, and it has a five-year life. At the end of the fifth year, the equipment is expected to be sold for $12,000, at which time its net book value will be $5,000. The CFATs (including inflation, depreciation, and net ...
Finance
You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
Finance
You receive $12,000 and looking for a bank to deposit the funds. Bank A offers an account with an annual interest rate of 3% compounded semiannually. Bank B offers an account with 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at ...
Finance
If you won $2,5 million in a lottery. You can receive $1.3million now or $100,000 at the end of each of the next 25 years, You can earn 5% annually on the investments . Which is the better option?
Finance
Your firm has the option of making an investment in new software that wil cost $130,000 today and is estimated to provide the savings shown in the table over5 years. year savings estimate 1 $35,000 2 50,000 3 45,000 4 25,000 5 15,000 should the firm make this investment if it ...
Finance
Sydney saved 50 000 during her first year of work after college and plans to invest it for her retirement in 40 years how much will she have available for retirement of she can make 8 percent on her investment
Finance
why are dates on financial statements important?
socials
Sue this mohammad’s sister, his computer not working. He need help with his work today. Imagine urself as the prime minister or minister of finance, what would you do about the debt the Canadian government carrying. Need thesis statement, evidence, and conclusion.He not ...
Personal Finance
What are 4 major consumer credit laws?
Finance mangement
What type of cost measurements best fit in health care and which do not? How do cost measurement techniques vary with regard to the operating budget, capital budget, and variance analysis?
Healthcare finance
Milwaukee Surgical Supplies, Inc., sells on terms of 3/10, net 30. Grosee sales for the year are $1,2000,000 and the collections department estimates that 30% of the customers pay on the tenth day and take discounts, 40% pay on the thirtieth days, and remaining 30% pay, on ...
FINANCE
You deposit $2,000 in an account that pays 8% interest compounded semiannually. After 4 years, the interest rate is increased to 8.28% compounded quarterly. What will be the value of the account after 4 more years? (Do not round until the final answer. Then, round to the ...
Finance
Calculate the value of N for which Value at Risk is twice as much as the DEAR.
math
Calculate the monthly finance charge for the following 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 answer to the nearest cent.) $500 balance, 20% rate, $400 payment, adjusted ...
Finance
A court has ordered Security Enterprises to pay 200000 in two years and 500000 in five years. In order to meet this important liability, they wish to invest in a combination of two-year 10% par-value bonds with annual coupons and five-year zero-coupon bonds. Each of these is ...
English
Hello. I will be grateful if you help me with the article: "EU finance ministers have finished a/the(?)discussion about the possibility of providing more loans to Greece." Thank you very much for help.
Finance
A portfolio consists of three stocks. The weight, expected rate of return and systematic risk for each stock are provided in the following table. Stock Investments Expected return A $7,500 20% B $10,000 15% C $2,500 10% Beta 1.5 1 0.9 a) Calculate the weights invested in ...
Finance
IBM's common stock has a beta of 0.85. If the expected risk-free return is 4.5% and the market risk premium is 7%. a) Calculate IBM’s required rate of return (10pts) b) Assume IBM’s actual realized return is 15%. Calculate its abnormal return (i.e. alpha). (5pts)
Finance
GE issued preferred stock that had a par value of $100. The preferred stock pays a dividend of 6.50%. Investors require 5.7% today on this stock. What is the value of the preferred stock today? Round to the nearest $1. (A) $100 (B) $88 (C) $75 (D) $114
Finance
If you were general manager of a division, on which three key ratios would you choose tohave your unit's financial performance evaluated?
foundations of personal finance
I having trouble understanding the critical thinking worksheet can someone please help me understand this?
ALGEBRA
Calculate the monthly finance charge for the following 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 answer to the nearest cent.) $500 balance, 20% rate, $400 payment, adjusted ...
finance
If a company has fixed costs and is operating above the breakeven point, when sales increase by 15%, profits will: a. increase by less than 15% b. increase by 15% c. increase by more than 15% d. decrease by less than 15%
algebra with application
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 30% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments?
algebra with application
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?
ALGEBRA
Calculate the monthly finance charge for the following 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 answer to the nearest cent.) $500 balance, 20% rate, $50 payment, previous ...
ALGEBRA
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan? I need help.Steps please.
Finance
Sarker manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using? A. 60.0% B. 160% C. 75% D. 133%
Finance
1) A typical use of managerial accounting is to: a) help investors and creditors assess the financial position of the company b) help management get a clean audit report c) help the marketing manager decide which product promotion to implement d) help the SEC decide whether ...
Finance
1) A typical use of managerial accounting is to: a) help investors and creditors assess the financial position of the company b) help management get a clean audit report c) help the marketing manager decide which product promotion to implement d) help the SEC decide whether ...
finance
A manufacturing company produces 80,000 units of product A at a total cost of $2 million. Total fixed costs are $1.2 million. If the company increases production by 25% and uses a 40% markup up the price per unit will be: A. $31.50 B. $30.80 C. $51.80 D. $43.75
finance
a company's current sales are $400,000 at a volume of 10,000 units. Fixed costs are $120,000 and variable costs are $30 per unit. What is the company's breakeven sales volume in units?
Corporate Finance
1) A typical use of managerial accounting is to: a) help investors and creditors assess the financial position of the company b) help management get a clean audit report c) help the marketing manager decide which product promotion to implement d) help the SEC decide whether ...
algebra
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 30% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments? Steps or examples please
ALGEBRA
Calculate the monthly finance charge for the following 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 answer to the nearest cent.) $500 balance, 20% rate, $50 payment, previous ...
maths
The hypothetical finance ltd has structured a hire-purchase deal. The required to make a down payment of 20 percent of the investment cost. The hire term is four years with quarterly payment in advance. The flat rate of interest is 13 percent. The finance company would charge ...
Finance
1) A potato chip manufacturer has been accused of shortchanging their customers with their 10-ounce bags of potato chips. A sample of 50 of that company’s 10-ounce bags was taken, and it was found that the average weight was 9.8 ounces with a standard deviation of 0.3 ...
English
I added a few more things on a listening comprehension I find it difficult to simplify.I hope you can help me. 1) The House of Lords represented the aristocracy and the Church of England, whereas the House of Commons represented the merchants and the landed gentry. 2) The ...
ALEGEBRA
If you purchase an item for $1,232 at an interest rate of 9.8%, and you finance it for 1 year, how much is the amount of add-on interest? (Round your answer to the nearest dollar.)
maths
The hypothetical finance ltd has structured a hire-purchase deal.The required to make a down payment of 20 percent of the investment cost.The hire term is four years with quarterly payment in advance . The flat rate of interest is 13 percent. The finance company would charge a...
Finance
Problem 1: You are considering hiring one of two portfolios managers who have actively managed funds last year. Both of the funds these managers have managed are “value” funds that try to enhance the returns relative to the standard value strategy by being more ...
finiance
WM3 is a company who is looking to expand. There is a potential deal with a furniture company but MW3 is not sure if they should take this deal. The furniture company is offering a 4 year contract for 100,000 units per year at a fixed price of $55.50 per unit. WM3 has ...
Finance
Th e Seneca Maintenance Company currently (that is, as of year 0) pays a common stock dividend of $1.50 per share. Dividends are expected to grow at a rate of 11 percent per year for the next four years and then to continue growing thereaft er at a rate of 5 percent per year. ...
Personal Finance Management
Jenny has a part time job and her net take-home income is $2000 per month. She needs to allocate her funds to reflect a balanced monthly budget. Jenny's main categories of expenses include rent, utilities, and groceries. How would Jenny best utilize her income for the ...
Finance
listing the different sources of short-term financing. Discuss the characteristics of each source and explain why a company might choose one over the other.
math
The Ministry of Finance published the FY2009 Tax Reform ( Main Points) on December 19, 2008. Included in the Reform is the introduction of a 2- year measure allowing immediate depreciation for investment in energy- saving facilities and appliances. If this measure doubles the ...
English- Due Soon
Please check for any errors and correct them. Thank You. The word Divorce can make a lot of people feel hurt, angry, and depressed. But for others, it can mean the end to a bad or abusive marriage. Many people do not like to talk about it, but it can put a huge strain on kids...
Englsih due at 10:30
please proof read for any errors and correct them Thank The word Divorce can make a lot of people feel hurt, angry, and depressed. But for others, it can mean the end to a bad or abusive marriage. Many people do not like to talk about it, but it can put a huge strain on kids&#...
finance
You have just graduated and one of your favorite courses was Financial Management. While you were in school, your grandfather died and left you $1 million. You have decided to invest the funds in a fast-food franchise and have two choices–Franchise L and Franchise S. You ...
math
The Ministry of Finance published the FY2009 Tax Reform ( Main Points) on December 19, 2008. Included in the Reform is the introduction of a 2- year measure allowing immediate depreciation for investment in energy- saving facilities and appliances. If this measure doubles the ...
Math Finance please help
Five years ago, you bought a house for $151,000. You had a down payment of $30,000, which meant you took out a loan for $121,000. Your interest rate was $5.75% fixed. You would like to pay more on your loan. You check your bank statement and find the following information. ...
Finance
Assume WhirledCom has an issue of 15 year $1000 par value bonds that pay 6% interest, semiannually Futher asssume that today's required rate of return on htese bonds is 9% How much would these bonds be worth today? Round off to the nearest $1
Finance
For the first time in a very long time (perhaps ever!), the concept of financial risk and risk management has become a topic of concern at Presidential press conferences. Such concern has centered on esoteric financial products such as derivatives that are used to manage risk...
FINANCE
Would the savvy use of financial logic involved in holding inventories of both stocks and bonds even if they change over time be of benefit to you and your investment portfolio?
Corporate Finance
You can insulate your home for $7,200. You figure you can save 15% per year on your heating bill if you insulate. Your home was bought 15 years ago for $38,500. You figure real estate prices have gone up 16% each year. You plan to live in the house another 10 years. Your home ...
Finance
Suppose you just inherited a gold mine. This gold mine is believed to have three years worth of gold deposit. Here is how much income this gold mine is projected to bring you each year for the next three years: Year 1: $49,000,000 Year 2: $61,000,000 Year 3: $85,000,000 ...
Accounting/Finance
A for-profit hospital, has a high degree of business risk the preferred method of financing growth would be ? a. Short-term debt b. By increasing leverage c. Bonds d. Equity e. Long-term debt
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