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Luisa Gomes works for Southeast Appliance Mart. She receives a biweekly salary of $1,200 for which she must sell $15,000 worth of appliances. She also receives a commission of 3% on net sales above $15,000. What will be Luisa's pay for two weeks when her net appliance sales were $44,000?
$________
JoAnn Andrews has a condominium that she would like to sell and she asks real estate broker Jerry Weekly to sell it. Jerry, co-owner of Counts/Weekly Real Estate, advises JoAnn that she should be able to sell her condominium for $160,000 and the commission rate for selling it will be 5%. To sell her condominium, JoAnn Andrews must also pay some additional fees for inspections, title insurance, and to record the sale. These fees total $3,500 and are added to the 5% commission. What will JoAnn's net proceeds be from the sale of her $160,000 condominium?
Amin Pesah is a stockbroker for an investment firm that pays Amin a 0.5% commission on all the stocks that he buys and sells for his clients. What will be Amin's commission on 800 shares of Apple stock that is selling for $345.25 per share? If required round your final answer to the nearest cent.
$_________
In addition, you may wish to seek out further information through your own research. When you have reviewed the advice and the plans, please prepare a short (2-3 page) paper discussing:
How much Tier 1 and Tiear 2 capital is required? How does this compare with the capital required under the Basel II standardized approach and under Basel I?
A publicly traded consulting engineering firm has a retirement plan wherein the company will match an employee’s stock purchases up to $ 5,000 per year, provided the employee has been with the firm for at least 10 years. If an employee hired 10 years..
Presently, Stock A pays a dividend of $2.00 a share, and you expect the dividend to grow rapidly for the next four years at 20 percent. After this initial period of super growth, the rate of increase in the dividend should decline to 8 percent. If yo..
Ben owns 1,000 shares of stock that is selling for $40 per share. He wants to defer selling the stock until next January for tax reasons. He wants to find a strategy that guarantees he will have at least $40,000 in value next January. Which strategy ..
it may surprise you to know that wal-mart the worlds largest retailer failed in its attempt to enter the german market.
The expected return on the market portfolio is 15%. The standard deviation of return on the market portfolio is 12%. Beta of stock A is 1.2 and the standard deviation of return on stock A is 18%. What could be the expected return of stock A?
How might a firm’s cost of capital change if they moved to a more ideal capital structure (i.e., determine the weighted average cost of capital at the target capital structure)? Briefly compare and contrast the pros/cons of using the current vs targe..
Analysis of the financial statements and provide a recommendation as to whether XYZ should invest or not invest in this company.
Under consideration is the purchase of a new air conditioning system. It costs $30,000 to purchase and will be used for 5 years. The electric bill paid at the end of each year will be reduced by $9,000 with the new system. The new unit will require a..
A $10,000 par value bond with coupons at 8%, convertible semi-annually, is being sold three years and four months before the bond matures. The bond is redeemable at $C, and purchase will yield 6% convertible semi-annually to the buyer.
The Poseidon Swim company produces swim trunks. The average selling price for one of their swim trunks is $38. The variable cost per unit is $25. Poseidon swim has average fixed costs per year of $35,194.
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