Question about the monthly payment
Auto Loans R Them loans you $24000.00 for four years to buy a car, the loan must be repaid in 48 equal monthly repayments. The anual interest rate is 9%. What is the monthly payment?
a- $500.92
b- $597.24
c- $543.79
d- $563.82
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Devon Oil acquired the rights to various oil reserves at $ 20,000,000 in March 1, 2009. The estimated barrels of oil are 5,000,000 barrels.
If you deposit 10000 in a bank account that pays 10 % interest annually how much will be in your account after 5 years?
Emery Inc had $5million gross income, operating expenses $1million, paid $1million interest on $10million borrowed, and paid a dividend of $0.50 million. Emerys Inc taxable income is?
The company purchased a piece of equipment that increased variable expenses by $10 per unit, increased fixed monthly fixed expenses by $100,000, and increased units sold by 20%.
What is the degree of operating leverage (this is a percentage) at this new pricing and sales level (new pricing is $2 less per unit with a 25% increase in units sold)?
Its annual sales are $5.13 million, its average tax rate is 30%, and its net profit margin on sales is 5%. What is its TIE ratio? Show the calculation for this problem?
From the foregoing data, calculate financial ratios for the three years 2006-2008 as follows (for all ratios using balance sheet amounts, use the end-of-year balance):
Ebersoll Mining has $6 million in sales; its ROE is 15%; and its total assets turnover is 1.9x. The company is 75% equity financed. What is its net income?
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