Homework Help: Business: Finance

Recent Homework Questions About Finance

Finance
Determine how much you would be willing to pay for a bond that pays $60 annual interest indefinitely and never matures (i.e., a perpetuity), assuming you require an 8% rate of return on this investment.
Sunday, February 26, 2012 at 10:55pm

Finance
Which of the following is true regarding financial instruments? A) Common stock typically cost less than Debt B) Stock has limited liability C) Common Stockholders have a senior claim over Debt Holders D) Debt holders have voting rights E) Common dividend payments are senior ...
Saturday, February 25, 2012 at 1:06pm

Finance
When a company’s executives purchase securities of their company and disclose it to the public: A) It is considered illegal B) This strategy is considered a Flight to Quality C) The market does not react D) It is generally seen as a positive sign for the company E) It is ...
Saturday, February 25, 2012 at 12:54pm

Finance
Which of the following is true about hedge funds? A) They are heavily regulated B) Hedge fund investments are more liquid than mutual fund investments C) Most of the hedge fund managers receive very poor compensation D) The major portion of hedge fund's fees is based on ...
Saturday, February 25, 2012 at 11:38am

Finance
You want to buy a stock. There are man dealers you can buy it from, so you lok at their bid-ask spreads. hich dealer do you prefer? A) Dealer 5: 88-91 B) Dealer 1: 90-93 C) Dealer 3: 91-92 D) Dealer 4: 88-94 E) Dealer 2: 89-90
Saturday, February 25, 2012 at 11:35am

books
In "Touching Spirit Bear," the book, I have to answer these questions. 1. Why does Cole think the bear attacked him? 2. In what way has Cole's mother changed? 3. What happened to Cole's dad when he was a child? 4. Who is the surprise visitor to Circle Justice...
Friday, February 24, 2012 at 7:20pm

Healthcare Finance
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 Medical Supplies 50,000 Administrative ...
Friday, February 24, 2012 at 3:34am

Finance
Piedmont Enterprises currently pays a dividend (D0) of $1 per share. This dividend is expected to grow at a 20 percent per year rate for the next 2 years, after which it is expected to grow at 6 percent per year for the foreseeable future. If you require a 15 percent rate of ...
Wednesday, February 22, 2012 at 10:39pm

Finance
The 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 4 years and then to continue growing thereafter at a rate of 5 percent per year. What ...
Wednesday, February 22, 2012 at 10:36pm

Math/Finance
General Hospital has a current ratio of 0.5. Which of the following actions would improve (increase) this ratio? (Hint: Create a simple balance sheet that has a current ratio of 0.5. Then, judge how the transactions below would affect the balance sheet.) 1. Use cash to pay off...
Tuesday, February 21, 2012 at 1:01pm

Finance
Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in equity. Both firms sell 10,000 units of output at $2.50 per unit. The variable ...
Monday, February 20, 2012 at 7:41pm

consumer math
1. Which of the following is an advantage of using credit cards? (Points : 1) Credit card accounts charge monthly interest. It is very easy to charge more than you can pay off each month. If you pay late, you will be charged a late fee. They are convenient. 2. The amount left ...
Sunday, February 19, 2012 at 7:11pm

Finance
and produces 200 units of output, which it sells at $5 per unit. Firm B buys $100 worth of goods from firm A and $150 worth of goods from firm C, and produces 300 units of output, which it sells at $7 per unit. Firm C buys $50 worth of goods from firm A and nothing from firm B...
Sunday, February 19, 2012 at 12:31pm

Math, mathematics of finance
I am stuck on these two math questions. If nyone could help me solve them it would be greatly appreciated! Here is the information: Engineering estimates indicate that the variable cost of manufacturing a new product will be $35 per unit.Based on market research, the selling ...
Saturday, February 18, 2012 at 1:23pm

Busniness Finance
I am having some difficulties with week four lab. The explanation for problem skips a step and I do not know how to get the answer. (Weighted average cost of capital). As a member of the Finance Department of Ranch Manufacturing, your supervisor has asked you to compute the ...
Friday, February 17, 2012 at 10:30pm

Finance
What is the economic value today of each of the following payment streams if money can earn 7.5%?(Note that the two streams have the same total nominal value.) a. $1000, $3000, and $2000 due in one, three, and five months, respectively. b. Two $3000 payments due two and four ...
Tuesday, February 14, 2012 at 10:14am

business finance
answers to exam#06044200 do you have ?
Monday, February 13, 2012 at 2:35pm

Finance
Item Total assets $10,000,000 Total equity (all common) 9,000,000 Total debt 1,000,000 Annual interest 100,000 Total sales $25,000,000 EBIT 6,250,000 Earnings available for common stockholders 3,690,000 I am trying to find the values for the: (1) Operating profit margin (2) ...
Monday, February 13, 2012 at 9:17am

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 % laon paid at year end with a 20% compesating balance. C)6% loan that is discounted with a 20% compensating balance. We ...
Sunday, February 12, 2012 at 5:15pm

finance
computing checking account balance. based on the following information,determine the true balance in your checking account. balance in your checkbook-$356 balance on bank statement,$472 service charge and other fees, $15 interest earned on account $4 total outstanding checks $...
Saturday, February 11, 2012 at 9:59am

Finance
Caluating opportunity cost. what is the annual opportunity cost of a checking account that requires a $500 minimum balance to avoid service charges? Assume an interest rate of 3 percent
Saturday, February 11, 2012 at 9:50am

finance
The target capital structure for QM industries is 39% common stock, 9% preferred stock and 52% debt. If the cost of common equity for the firm is 18.8%, the cost of preferred stock is 9.7%, the before tax cost of debt is 8.6%, and the firm 's tax rate is 35%. What is QM&#...
Friday, February 10, 2012 at 3:59pm

math
On his last credit card bill, Frank paid a variable finance rate of 1.5 percent on the first $500, and one percent on any amount above $500. How much did he pay if the unpaid balance was $741.23?
Thursday, February 9, 2012 at 9:14pm

finance
Little Books Inc. recently reported $3.25 million of net income. Its EBIT was $5.5 million, and its tax rate was 35%. What was its interest expense?
Thursday, February 9, 2012 at 4:35pm

International Finance
Suppose that the current Bid-Offer on the Yen is $0.0089/¥ and $0.0091/¥, and the three-month forward is $0.0094/¥. 1. If you wish to hedge 10,000,000 Yen Obligation due in three months, what position would you take? Explain why. a. Buy Yen forward at $0.0089/¥...
Tuesday, February 7, 2012 at 8:39pm

Finance
keenan corp. is comparing two different capital structure. plan 1: would result in 7000 shares of stock and $160,000 in debt. plan 2: would result in 5000 shares of stock and $24,000 in debt. the interest rate on the debt is 10 percent. Q: (a)ignoring taxes, compare the both ...
Tuesday, February 7, 2012 at 8:20am

Finance
You currently have $7,500 to invest. You can invest the full amount now for a periodof 9 years at which time you want to have $15,000. Approximately what rate ofreturn is needed to accomplish this investment goal?
Tuesday, February 7, 2012 at 12:16am

Finance
Benson Incorporated has bonds with the following features par value of 1000.00 maturity is 10%. Determine if the bond sells for a premium, par, or discount and explain your answer. Calculate the value of the bond if interest is paid on an annual basis versus a semi annual ...
Monday, February 6, 2012 at 4:01pm

College Personal Finance
Annual interest of 6.0% paid if balance exceeds $900, $12 monthly fee if account falls below minimum balance, average monthly balance $1,135, account falls below $900 during 2 months. Round the answer to the nearest cent.
Monday, February 6, 2012 at 3:58pm

Finance
What is the present value (or purchase price) of an annuity product which will pay you $2,000 at the end of each year for the next 15 years? Use an interest rate of 9%.
Monday, February 6, 2012 at 11:30am

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 ...
Monday, February 6, 2012 at 7:44am

Finance
Suppose you believe that the economy is just entering a recession. Your firm must raise capital immediately, and debt will be used. Should you borrow on a long-term or a short-term basis? Why?
Sunday, February 5, 2012 at 10:02pm

Corporate finance
Asume a project has the following returns for year 1to 5: 15%, 4%, -13%, 34%, 17%. What is the approximate expected return on this investment?
Sunday, February 5, 2012 at 5:56pm

Phi103
Reporter: A new campaign finance reform bill being considered by Congress would limit the amount of campaign contributions that political candidates can receive. However, a survey of candidates running for mayor, governor, and senate seats shows that not one of them favors the...
Saturday, February 4, 2012 at 10:32pm

Finance
Winnebagel Corp. currently sells 33,000 motor homes per year at $49,500 each, and 13,200 luxury motor coaches per year at $93,500 each. The company wants to introduce a new portable camper to fill out its product line; it hopes to sell 23,100 of these campers per year at $13,...
Saturday, February 4, 2012 at 7:10pm

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 - ...
Friday, February 3, 2012 at 7:43pm

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...
Friday, February 3, 2012 at 4:44pm

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 ...
Friday, February 3, 2012 at 7:56am

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?
Thursday, February 2, 2012 at 9:03pm

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 ...
Thursday, February 2, 2012 at 3:21pm

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?
Thursday, February 2, 2012 at 9:20am

Business Finance
Thanks Henry
Thursday, February 2, 2012 at 9:02am

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.
Wednesday, February 1, 2012 at 12:15pm

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 ...
Wednesday, February 1, 2012 at 12:11pm

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 ...
Wednesday, February 1, 2012 at 10:22am

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 ...
Wednesday, February 1, 2012 at 10:06am

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 ...
Tuesday, January 31, 2012 at 8:17pm

personal finance
At what age do you hope to retire? How do you plan to incorporate your retirement in your personal financial plan?
Tuesday, January 31, 2012 at 6:32pm

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?
Tuesday, January 31, 2012 at 6:01pm

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 ...
Monday, January 30, 2012 at 10:24pm

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: ...
Monday, January 30, 2012 at 4:45pm

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...
Monday, January 30, 2012 at 4:38pm

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?
Monday, January 30, 2012 at 4:35pm

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 ...
Monday, January 30, 2012 at 1:25pm

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 ...
Monday, January 30, 2012 at 11:56am

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)? ...
Monday, January 30, 2012 at 2:01am

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...
Sunday, January 29, 2012 at 2:22pm

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?
Sunday, January 29, 2012 at 2:18pm

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 ...
Saturday, January 28, 2012 at 10:39pm

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?
Saturday, January 28, 2012 at 8:00pm

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...
Saturday, January 28, 2012 at 7:59pm

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 ...
Saturday, January 28, 2012 at 7:58pm

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 ...
Saturday, January 28, 2012 at 11:55am

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 ...
Saturday, January 28, 2012 at 9:27am

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 ...
Friday, January 27, 2012 at 7:36pm

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 ...
Friday, January 27, 2012 at 7:29pm

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 ...
Friday, January 27, 2012 at 7:24pm

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?
Friday, January 27, 2012 at 7:18pm

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?
Friday, January 27, 2012 at 9:55am

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?
Thursday, January 26, 2012 at 7:11pm

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
Thursday, January 26, 2012 at 12:30pm

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 ...
Thursday, January 26, 2012 at 10:05am

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 ...
Wednesday, January 25, 2012 at 7:01pm

health accounting
explains the relationship between finance and accounting, and how they operate to determine financial viability within a health care organization.
Wednesday, January 25, 2012 at 2:55am

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?
Tuesday, January 24, 2012 at 9:07pm

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.
Tuesday, January 24, 2012 at 9:03pm

personal finance
what would be the future value of 280,000 based on an annual interest rate at 6 percent?
Tuesday, January 24, 2012 at 9:00pm

Business Finance
The price of a hamburger increased from $1.10 to $1.59. What percent did the price increase?
Tuesday, January 24, 2012 at 8:36pm

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...
Tuesday, January 24, 2012 at 6:28pm

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?
Tuesday, January 24, 2012 at 5:43pm

Business Finance
Thank you!!!!!!!!!!!!!!
Sunday, January 22, 2012 at 9:56pm

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 ...
Sunday, January 22, 2012 at 4:00pm

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 ...
Sunday, January 22, 2012 at 2:51pm

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?
Saturday, January 21, 2012 at 9:00pm

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?
Saturday, January 21, 2012 at 7:16pm

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...
Saturday, January 21, 2012 at 7:04am

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.
Friday, January 20, 2012 at 10:41am

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?
Friday, January 20, 2012 at 9:36am

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?
Thursday, January 19, 2012 at 1:34pm

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 ...
Wednesday, January 18, 2012 at 8:02pm

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 ...
Wednesday, January 18, 2012 at 6:39pm

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
Wednesday, January 18, 2012 at 6:11pm

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 ...
Wednesday, January 18, 2012 at 1:22pm

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
Wednesday, January 18, 2012 at 10:26am

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 ...
Tuesday, January 17, 2012 at 3:56pm

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.
Monday, January 16, 2012 at 10:39pm

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 ...
Sunday, January 15, 2012 at 9:29pm

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?
Sunday, January 15, 2012 at 12:14pm

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)
Friday, January 13, 2012 at 6:10pm

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 ...
Friday, January 13, 2012 at 6:09pm

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.
Friday, January 13, 2012 at 3:38pm

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?
Friday, January 13, 2012 at 9:35am

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 ...
Thursday, January 12, 2012 at 10:33pm

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)
Thursday, January 12, 2012 at 8:49pm

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 ...
Thursday, January 12, 2012 at 4:06pm

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)
Wednesday, January 11, 2012 at 8:07pm

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
Wednesday, January 11, 2012 at 8:03pm

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. ...
Wednesday, January 11, 2012 at 4:35pm

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
Wednesday, January 4, 2012 at 2:50am

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...
Tuesday, January 3, 2012 at 10:00am

Math Finance
How much interest does $2560 earn in 17 months at a rate of 5 1/8 ?
Monday, January 2, 2012 at 4:41pm

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 ...
Monday, January 2, 2012 at 12:14pm

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)
Monday, January 2, 2012 at 10:34am

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 ...
Sunday, January 1, 2012 at 5:38pm

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 ...
Friday, December 30, 2011 at 6:27pm

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)
Friday, December 30, 2011 at 1:55am

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...
Thursday, December 29, 2011 at 6:18pm

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...
Thursday, December 22, 2011 at 8:30pm

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
Monday, December 19, 2011 at 6:54pm

Finance
what is the solution to bunyan lumber lumber 45-year harvest based on $300,000 contribution
Monday, December 19, 2011 at 6:30pm

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 ...
Saturday, December 17, 2011 at 7:39pm

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 ...
Saturday, December 17, 2011 at 5:08am

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?
Saturday, December 17, 2011 at 5:04am

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 ...
Saturday, December 17, 2011 at 5:01am

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
Friday, December 16, 2011 at 7:00pm

Finance
why are dates on financial statements important?
Monday, December 12, 2011 at 11:51pm

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 ...
Monday, December 12, 2011 at 7:57pm

Personal Finance
What are 4 major consumer credit laws?
Friday, December 9, 2011 at 9:30pm

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?
Thursday, December 8, 2011 at 12:05pm

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 ...
Wednesday, December 7, 2011 at 4:05pm

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 ...
Wednesday, December 7, 2011 at 2:00pm

Finance
Calculate the value of N for which Value at Risk is twice as much as the DEAR.
Tuesday, December 6, 2011 at 3:09pm

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 ...
Sunday, December 4, 2011 at 4:37pm

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 ...
Sunday, December 4, 2011 at 12:39am

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.
Friday, December 2, 2011 at 5:59am

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 ...
Monday, November 28, 2011 at 8:26pm

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)
Monday, November 28, 2011 at 6:23pm

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
Monday, November 28, 2011 at 6:21pm

Finance
If you were general manager of a division, on which three key ratios would you choose tohave your unit's financial performance evaluated?
Monday, November 28, 2011 at 1:21pm

foundations of personal finance
I having trouble understanding the critical thinking worksheet can someone please help me understand this?
Sunday, November 27, 2011 at 11:55pm

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