User Account

All Pages

What is effective annual rate on arrangement

Assignment Help Finance Basics
Reference no: EM131055733

A firm sells its $1,150,000 receivables to a factor for $1,138,500. The average collection period is 1 month. What is the effective annual rate on this arrangement? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Reference no: EM131055733

Questions Cloud

Identify what the key ratios are and apply ratio analysis : FINA6017 Financial Management. The analysis of the case study must: Analyse the financial statements of the business; Identify what the key ratios are and apply ratio analysis
What was the form of your childhood family : What is an example (or examples) of similarity or dissimilarity between your childhood family culture (or your current family culture) and the dominant culture-and in what ways did/do you deal with the resulting feelings of congruence/incongruence..
Company total assets turnover : Gardial & son has an ROA of 12%, a 5% profit Margin, and a ROE equal to 20%. What is the company's total assets turnover? What is the firm's equity multiplier?
What is intrinsic value of the stock today : A stock is expected to pay a dividend of $1.00 next year and $1.50 in 2 years, after that the dividend is expected to grow at a constant rate of 4% per year forever. The stock s required rate of return is 11%. What is intrinsic value of the stock tod..
What is effective annual rate on arrangement : A firm sells its $1,150,000 receivables to a factor for $1,138,500. The average collection period is 1 month. What is the effective annual rate on this arrangement?
The bond makes semi-annual payments : USF Inc. issued a 20 year bond at a coupon rate of 7.0 percent. The bond makes semi-annual payments and has a par value of $1000. If the YTM on this bond is 6.0 percent, what is the bond's current price?
Expected return circuit city stores : Expected Return Circuit City Stores (CC) recently paid a $.29 dividend. The dividend is expected to grow at a 24.30 percent rate. At the current stock price of $9.26, what is the return shareholders are expecting?
How the event had one of the biggest impacts on that aspect : In a substantial paragraph using facts and statistics to back you up for each event, explain how that event had one of the biggest impacts on that aspect of history.
Annuity premiums and the investment income : Assume that Jane, now age 41, deposited $12,000 in annuity premiums and the investment income increase the value of her account by $1,000, so its total current value is $13,000. Now assume that she withdraws $4,000 this year. Please explain the ta..

Reviews

Write a Review

Finance Basics Questions & Answers

  Find net cost of machine for capital budgeting purposes

You must assess a proposal to buy a new milling equipment. The base price is $108,00, and shipping and installation costs would be another $12,500.

  Largest and fastest-growing immigrant group

1. In the United States, as of 2009, which of the following was the largest and fastest-growing immigrant group?

  The required rate of return on the market

The risk-free rate of return is 8 percent, the required rate of return on the market, E[Rm] is 12 percent, and Stock X has a beta coefficient of 1.4. If the dividend expected during the coming year, D1, is $2.50 and g = 5%, at what price should Stock..

  What are some limitations of capital market

what are some limitations of capital market

  Evaluate the standard deviation of portfolio

Evaluate the standard deviation of this portfolio and please enter your answer as a percentage to three decimal places

  What is the required rate of return on a portfolio

What is the required rate of return on a portfolio consisting of 80% of Stock X and 20% of Stock Y?

  Assume that the effective interest rates for a six month

farmer jayne bought a 1.70-strike put option for 0.11 and sold a 1.75-strike call option for a premium of 0.14. both

  What is the current value of one share of this stock

The company just paid a dividend of $0.80 per share. What is the current value of one share of this stock if the required rate of return is 17%?

  An investment offers to pay you 10000 a year for five

an investment offers to pay you 10000 a year for five years. if it costs 33520 what will be your rate of return on the

  A firm estimates all of its projects by applying irr rule

a firm evaluates all of its projects by applying the irr rule. a project under consideration has the following cash

  I expects to produce cash flows of 1 223445 2007812 and

the cyclone golf resorts is redoing its golf course at a cost of 2744320. it expects to generate cash flows of 1 223445

  Determine the compound annual growth rate

Suppose an investment with the following returns over four years. Determine the compound annual growth rate for this investment over the 4 years?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd