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1. Calculate the property tax rate as a millage rate rounded to the nearest thousandth, given the following parameters: total assessed property value is $5.5 billion, total desired revenue is $75 million, the assessment ratio is 100%, and 15% of amounts due (by property value) will be unpaid.
2. Calculate the amount of revenue that will actually be raised using the rounded property tax rate calculated in the preceding question.
Forecasting revenue from sales based on projected net income and operating costs - What level of sales would generate $2,500,000 in net income?
Describe mean if a domestic mutual fund has a beta coefficient of 1.25, an alpha coefficient of 2.25 & an R-Square of 75?
Why does a corporation select to form as a company? What are the steps required to become a corporation? Discuss the advantages and disadvantages of the corporate form of doing business?
Valcor, Corporation earnings per share are $3 at a sales level of $2m. Valcor's degree of operating leverage is 2 and its degree of combined leverage is 8.
Suppose that MM's theory holds with taxes. There is no growth, & $40 of debt is expected to be permanent. Suppose a 40% corporate tax rate.
You know from information collected on the Widget Market that market demand & market supply have both raised recently.
You have assembled the given data about the daily trading volume for following two sample groups of stocks during a recent 5 day period.
The treasurer of DeShack corpoartion has approximately $1,000,000 to invest for the next sixty days. She is planning to buy of a T-bill with the following characteristics;
Compute the amount of net operating income or loss under absorption costing based on the following data.
Greene Sisters has a DSO of twenty days. The corporations average daily sales are 20,000. Determine the level of Greene Sisters account receivable suppose there 365 days in year.
How is the cost of debt determined? Does the cost of debt differ if the company is privately traded as opposed to publicly traded?
Prepare a statement of affairs to be submitted to the meeting of creditors - Karat Co. Ltd. went into voluntary liquidation on 1 March 210.
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