1. Calculate the present value of annuity of receiving $5000 each year for the next 12 years at a 7% interest rate.
2. Mark Mathews is going to withdraw $1,000 st the end of each year for the next three years
3. In 2015, Rock Bottom had sales of $35 million. Its current assets are $15 million, $12 million is in cash, accounts receivable are $600,000, and net fixed assets are $20 million. What is TeleTech’s inventory turnover? What is its total asset turnover?