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Mr. and Mrs. smith are considering the purchase of a house. They can afford to make a mortgage payment of $750 per month. If the current mortgage interest rate is 9% with monthly
You are called in as a financial analyst to appraise the bonds of Olsen’s Clothing Stores. The $1,000 par value bonds have a quoted annual interest rate of 13 percent, which is pai
Managerial Finance Functions Require skilful execution, control and planning of financial activities. Hence there are four significant managerial finance functions. Such are
A company that manufactures electrical appliances is looking at one of its lines (washing machines), where it offers three different levels of specification: Basic which sells for
Gloria the Investor Gloria is a seasoned sales manager with a very large international company. Although she has a great deal of experience with sales, she has little experience w
Suggestion Regarding Credit Limit. Should It Be Approved Or Not, W, Finance
Capital Structure Ratio Gearing/Leverage/Capital Structure Ratio The ratio signifies the extent whether the firm has borrowed fixed charge capital to finance the
advances from foreigners
Management of company and Directors They will consequently be interest in as: a) In generating profits efficiency of the company b) The company's capability to generate
What are the Advantages of placement Placement has the below benefits: (i) Timing of issue is significant for successful floatation of shares. In a depressed market cond
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