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Maria Hernandez was reviewing her recent bank credit card account statement when she found two charges that she and Victor could not have made. The charges were for rental of a hotel room and purchase of a meal on the same day in a distant city. These charges totaled $219.49 out of the couple's $367.89 balance for the month.
(a) What payment should Maria make on the account?
(b) How should she notify her credit card issuer about the unauthorized use?
(c) Once the matter is resolved, what should Maria do to ensure that her credit history is not negatively affected by this error?
Assume you are aware of the following investment opportunity: You could open a coffee shop around the corner from your home for $25,000. IF business is strong, you could net $15,000 in after tax cash flows each year over next 5-years.
Rocky Dog, Inc. has total equity of $950,000, sales of $3.52 million, and a profit margin of 6.1 percent. What is the return on equity? Illustrate your approach to solving the problem
Write a 700- to 1,050-word section for your strategic plan in which you add your strategies and tactics to implement and realize your strategic objectives, measures, and targets.
you work for a large investment firm and recently wrote a position article on your firms approach to investing for the
The arrangement also requires a compensating balance equal to 6% of the amount borrowed which must be placed in a non-interest-bearing account. The bank uses compound interest on its LOC loans.
you are considering a new investment. the rate on t-bills is 2.3 and the return on the sampp 500 is 8.5. you have
If the firm intends to issue new shares to finance the project, how many shares must the firm issue?
Industrial Products has total assets of $627,000 and total liabilities of $328,400. The firm has 24,000 shares of stock outstanding and a market-to-book ratio of 5.1. What is the market value per share of stock?
1. the government has passed an important law that protects employees who participate in aprivate pension plan. this
The firm has $10,400 in cash and owes a total of $1,430,000. The legal problems are personal and unrelated to the actual business. What is the market value of this firm?
The Firm has a 9 percent return on sales and pay 40 percent of profits out as dividends. What effect will this growth have on funds? If the dividend payout is only 15 percent, what effect will this growth have on funds?
If accruals increased by $40,000, receivables and inventories increased by $190,000, and depreciation and amortization totaled $57,000, what was the firm's net income?
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