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To buy a new plasma TV that costs $3,000, you pay $600 down and finance the remaining $2,400 for 12 months. Find the interest rate the store charges you if your monthly payment is $207.86?
Problem: Briefly discuss the two primary perspectives one should use in financial ratio analysis. How many years should one review the financial statements of a firm?
Problem 1: Why are suppliers of credit interested in the liquidity position of the enterprise? Problem 2: Why is it beneficial for a small business enterprise also to make use of borrowed capital to
You may have heard big business criticized for focusing on short-term performance at the expense of long-term results. Explain why a firm that strives to maximize stock price should be less subject
As the firm moves to consider conditions of capital rationing, it must consider portfolios of capital projects. Precisely and completely describe why this is the case.
Create a spreadsheet to address the given problem: Problem 1. A hospital has an average accounts receivable balance of $20,000,000 and a collection period of 60 days.
Do you agree that uniform reporting across many countries will always enhance the comparability of financial data and analyses? Why or why not?
Can we assume that Investment 2 is preferable because its total cash flow over the three-year period is higher? What additional information is needed to make an informed choice between these investm
Problem: Which of the following would be the best investment based on present value? Assume an annual discount rate of 16%
Determine the annualised cost of the loan for each of the following outcomes, assuming interest is based on 90 days and a 365 day year: (a) LIBOR in 180 days is 15 percent.
You bought a share of 8.5% preferred stock for $103.00 last year. The market price for your stock is now $98.50. What is your total return for last year?
Many economists view a 3% annual inflation rate as "acceptable". Assuming a 3% annual increase in the price of automobiles, how much will a new Saab 93 convertible cost you in 5 years if today's pri
If I have 15 years until he enters college, can get a 10% return on my investment and the return is compounded semi-annually (2 times per year), how much do I need to invest EVERY 6 MONTHS? What is
You have decided to purchase a home. Congratulations! The home is valued at $200,000 and you seek a mortgage in the amount of $150,000. If you can get a 6% mortgage for 30 years what would be your m
Goal equations consist of function that defines goal achievement and deviation variables that measure _________.
Q1. What price should you pay fro the bond today? (Assume previous coupon has been paid today to the present holder of the bond.) Q2: What will happen to the price of the coupon today if the curren
What impact do changing interest rates have on the price of long-term vs. short terms bonds? What do you think is happening in the bonds market today? What impact, if any does, does the stock market
Vedio Inc. produces training videos. The fixed costs total $3,748,500.The selling price per video is $24.95. The variable cost per video is $8.46. What is the break-even point rounded to the nearest
The carton for these books is 1/8 inch thick. What are the dimensions of the cartons if the books are laid flat, in 2 stacks of 6 dictionaries?
Problem: Larry checks 400 samples per hour of calculators produced. The production process is in control if 1% or less are defective. At 6am he found 3 of 400 samples defective. At 7am, he found 6.
The operator can stamp 540 containers per hour. The direct labor charge is $17.85 per hour. What is the prime cost of manufacturing a circuit breaker container?
A machine operator stamps labels on sheets of metal that are later made into cans. Each sheet can make 118 cans. The cost per sheet of metal is $10.60. The operator is paid $9.40 per hour and labels
A company produces glue in 8 ounce tubes. The total fixed costs for the production of the glue are $477,999.50. The variable cost per tube is $0.38, while the selling price is $1.16 per tube. What i
Problem: A company manufactures teddy bears.They have total fixed costs of $232,548.996 in the production of bears. The selling price of each bear is $19.16.The variable cost per bear is $15.15. Wha
Teri's annual salary is$17,470. Benefits consist of 1 week paid vacation, 8 paid holidays, 80% of a total health insurance package costing $2100, 3% unemploymnt insurance,6.2% social security,and 1.