932 Answered Questions for the topic finance

Finance

10/13/15

present value of the annuity

Suppose that an annuity will provide 20 annual payments of 1220 dollars, with the first payment coming 12 years from now. If the nominal rate of interest is 11.6 percent convertible monthly, what... more
Finance

10/12/15

Finance worded question

Food cost for a banquet of 100 covers is estimated to be 205.05 and labour cost 141.45. Overheads are to be allowed for at 20% of sale, and is desired to make net profit of 10%. Find out the charge... more

10/09/15

850 Douglas fir and ponderosa pine trees in forest boughtpaid an average of $300 for each D fir and $225 for each P pine. (Full prob in description)

Please show in equation form how to solve this story problem.    There are 850 Douglas fir and Ponderosa Pine trees in a section of forest bought by Sawz Logging Co. The company paid $300 for... more

test prep, question on average rate of return for BET from a table of annual returns

I am in a graduate level finance class, trying to do some test study questions and the formulas for this aren't even in the book and I can't figure out how to go about solving this. I can't even... more
Finance

09/27/15

Assume the total cost of a college education will be $330,000 when your child enters college in 16 years. You presently have $52,000 to invest

Required:What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?
Finance

09/27/15

Finance Question

You have just purchased a car and taken out a $39,000 loan. The loan has a five-year term with monthly payments and an APR of 6.2%. How much will you pay in interest, and how much will you pay in... more
Finance

09/27/15

Finance Question

You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 6.6%, you loan payments are $627 per month, and you have 36 months left on your... more

Monthly compounding question with balance

Suzanne opens a line of credit at a local bank, and immediately borrows 1870 dollars. 6 months later, she repays 1060 dollars. 5 months after the repayment, she borrows 570 more dollars. 6 months... more
Finance

09/18/15

Finance Word Problem

A company has net income of $198,000, a profit margin of 9.50 percent, and an accounts receivable balance of $106,697. Assuming 67 percent of sales are on credit, what is the company's days' sales... more
Finance Discount Loans

09/18/15

Find the amount you need to repay for a discounted loan if you borrow $1000 for 24 months at 16%?

Find the amount you need to repay for a discounted loan if you borrow $1000 for 24 months at 16%?
Finance

09/16/15

Managerial Finance Question

I am having trouble in a managerial accounting class. If anyone could review the question and answer I have come up with, I would greatly appreciate it.You are a real estate agent thinking of... more
Finance

09/13/15

calculation of the price-to-book ratio

You are analysing a firm. The firm has a book value of $20.00 per share. You expect a dividend payout of 100 percent to have a return on common equity of 12 percent per year indefinitely in the... more
Finance

09/12/15

You wish to borrow $18,000 to buy a new automobile. The rate is 8.6% over four years with monthly payments. Find the monthly payment. (Answer: $444.52)

I have to show the work to the answer, when the answer is given.Been working on it for several hours

08/12/15

algebra with finance word problem

Joe, Thea, and Taylor invested in a partnership in the ratio 1:4:7, respectively. Years later, when the partnership was worth $1.6 million, Thea decides to go to graduate school and sells her part... more

08/12/15

algebra with finance word problem

Julie and Kristen are the partners in a local sporting goods shop. They needed $51,000 to start the business. They invested in the ratio 5:12, respectively.   a) how much money did each... more
Finance

08/10/15

Joe will take advantage of the company match (5% of salary) then put the rest in a Roth IRA.

Joe invested 15% of his income. His salary is $40,000. I need to know his 401 K, Both IRA and total annual.

Glassmaker has pre-merger $5 in debt and $10 in equity.

Rate on debt is 11%. The tax rate is 40%. The risk free rate is 6%. The levered beta is 1.36. The equity risk premium is 4%. What is Glassmakers' pre-merger WACC
Finance

07/19/15

Help with finance

ABC Company had sales of $2,000 this year and ended up with A/R = $200, A/P = $220, INV = $140, and bank loan = $200. What is the change in the amount of each item if sales are projected to... more
Finance

07/19/15

Help with finance assignment

XYB company sales last year was $10,000, gross profit margin was 30%, operating margin was 20%, before tax profit margin was 10%, and net profit margin was 5%. Construct a pro forma income... more
Finance

07/19/15

Finance. Inflation rate

The expected rate of return on a share of XYZ Company stock in the U.S is 17% while the rate of return on a share of stock of THZ Company in the Netherlands is 15%. If the pure rate of return is 3%... more

06/29/15

Finance Question

Company B wants to buy Company A.   Assume that company A has pre-tax cash flows of $5 Billion per year, with no growth expected in the future. In addition, the firm is subject to a 35% corporate... more
Finance

06/27/15

Calculate the cash balance.

Company is preparing its cash budget for the 3rd quarter of 2015. All sales are made on credit and expenses equal 60% of sales. All expenses are paid off in the same quarter except income tax.... more
Finance

06/27/15

Finance homework problem

Company has a target capital structure as follows: 60% debt and 40% from common equity. There is no preferred stock. Company is planning to make and sell a new product and this operation needs a... more
Finance

06/14/15

finance homework question Interest Rate Sensitivity

A bond trader purchased each of the following bonds at a yield to maturity of 10%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percentage change in the price... more

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