1. You have a 19000 dollar loan that requires monthly payments of 584.06 for the next 3 yeas. How much of the first payment is principal and how much is interest?
2. Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $793,975; net fixed and other assets of $1,656,080; total assets of $2,935,600 and long-term debt of $902,035. What is the amount of the firm’s current assets?
3. Vintage, Inc. has a total asset turnover of 1.11 and a net profit margin of 4.46 percent. The total assets to equity ratio for the firm is 3.5. Calculate Vintage’s return on equity.