1,236 Answered Questions for the topic finance

Finance

02/28/16

If you borrow $32,000 for six years to buy a car at an interest rate of 5.4% per year, what is the monthly loan payment?

If you borrow $32,000 for six years to buy a car at an interest rate of 5.4% per year, what is the monthly loan payment?

Compute the wac breakpoints associated with raising new funds

Emma inc's capital structure consists of 30% debt and 70% common equity. According to its investment banker, Emma inc can issue up to $240,000 new debt at 3.8 percent cost, for any amount greater... more

12/04/15

Time Value of Money Problem

Beverly Hills started a paper route on January 1, 2009. Every three months, she deposits $1200 in her bank account, which earns 8 percent annually but is compounded quarterly. How much will she... more
Finance

12/01/15

what is her monthly net pay?

earns $1,377 monthly pays federal tax of $200 state tax of $41.31 and FICA tax of 7.65%

Related to Pension

1. Why the ratio test was created for qualified pension plans?

11/08/15

How do i calculate this question?

Henry plc sells a single product. In the coming month it is budgeted that the product will generate total revenue of £500,000, with a contribution of £300,000. Fixed costs are budgeted at £225,000... more
Finance

10/19/15

How to find external sources of finance of the company from the annual report?

 How to find external sources of finance of the company from the annual report?
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

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