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Phil had an unpaid balance of $1,854.50 on his credit card statement at the beginning of December. He made a payment of $45.00 during the month. If the interest rate on Phil's credit card was 2.5% per month on the unpaid balance, find the finance charge and the new balance on January 1.
Reviewing of a valuation of a closely held business based on growth - Describe how WAH and its principal competitors can be in a growth stage while their industry as a whole is in the stabilization stage.
Suppose the U.S. interest rate is 7.5%, the New Zealand interest rate is 6.5%, the spot rate of NZ$ is $.52, and the one year forward rate of the NZ$ is $.50. At the end of the year, the spot rate is $.48. Based on this information, what is the ef..
Explain what is the alpha for the fad followers and provide your answer as a percentage to two decimal places
Retention rate and experience the return on equity of 14%. The required rate of return for investor is 12.5%. Compute the present value of the stock is?
Assume Toyota has nonmaturing preferred stock outstanding that pays a $1.00 quarterly dividend and has a required return of 12% APR. Determine the stock worth?
Suppose that foreign interest rates are expected to rise above US interest rates. What does this suggest regarding the future strength or weakness of the US dollar?
There're many reasons why a business may file for bankruptcy. Describe the reasons that would drive a business to file for bankruptcy.
What are examples of long-term notes payable in our personal finances? Why is unearned revenue considered a liability?
If you created a set of pro forma financial statements for 2005 and found that projected Total Assets exceeded projected Total Liabilities and Equity through $11,250, you would know that:
Lopez buy a patent for $60,000 that was used exclusively for a single research project created during 2011. Lopez uses straight-line amortization over maximum allowable periods.
Computation of Value of the equity, debt, firm, common share, expected earnings, ACC and rate of return and Analyze this proposition by computing
Analyse characteristics of derivative markets, by focusing on credit default swaps (CDS).
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