Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You’ve borrowed $3,538.87 and agreed to pay back the loan with monthly payments of $180. Assume the interest rate is 12% stated as an APR.
a. How long will it take you to pay back the loan? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
Number of months
b. What is the effective annual rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Effective annual rate %
Suppose we are thinking about replacing an old computer with a new one. The old one cost us $1,340,000; the new one will cost, $1,600,000. The new machine will be depreciated straight-line to zero over its five-year life. The tax rate is 40 percent, ..
Estimating ______ is one part of managing short-term cash needs. The second part is estimating _______.
Assume that you just won the state lottery. Your prize can be taken either in the form of $42,000 at the end of each of the next 25 years (i.e., $1.05 million over 25 years) or as a lump sum of $490,000 paid immediately? At approximately what interes..
An investor earns a profit on a put option when
Fiat has introduced a new car in the United States called the 500. Assume that your boss has the responsibility to forecast the sales of the 500 in the United States for the year 2012. He believes that Fiat will sell 85,000 of the 500s for 2012. Supp..
Given the following portfolio of options and stock, construct the profit profile.
Describe the importance of international capital structure. What risks can you identify when working with cash, credit and inventory management? Provide your rationale and any supporting data.
At an output level of 18,500 units, you have calculated that the degree of operating leverage is 2.30. The operating cash flow is $60,000 in this case. Ignore the effect of taxes. What will be the new degree of operating leverage for output levels of..
For each of these nonrecurring items, give an example and indicate (match with) the appropriate accounting treatment. Extraordinary item. Prior period adjustment. Change in accounting estimate. Shown net as a separate line item between net income an..
You want to buy a car, and a local bank will lend you $30,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 11% with interest paid monthly. What will be the monthly loan payment? What will be the l..
Which of the following items is least appropriate to purchase with a credit card unless you will pay the bill in full when the statement is received? Suppose that you own IBM preferred stock that pays an annual, fixed, and perpetual dividend of $10 w..
Hazel owns an event planning company that specializes in very high-end events. Several years ago, Hazel purchased a magnificent chocolate fountain for $3,000 and has since taken $1,200 in depreciation deductions on the fountain. Which of the followin..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd