1,236 Answered Questions for the topic finance
Finance Salary
03/02/16
Tamara gets paid an annual salary of $48,000 and earns 4% commission on all sales. she wants to make $6,000 this month, how much in sales does she need?
Find how much sales she needs to make $6000
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?
Finance
12/18/15
If the intrinsic value of a stock is $51 and the current market price is $55. Doesn't this mean the stock is overvalued? should I advice to Sell the stock?
DCF model question.
12/13/15
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...
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Finance Financial Management
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...
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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%
Finance Finance Management
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...
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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...
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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...
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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...
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10/03/15
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...
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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...
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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...
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09/27/15
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...
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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...
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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...
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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...
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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
Finance
08/25/15
LuAnne borrowed $575 from Lester. Lester is charging her 8% compounded quarterly. How much will LuAnne owe Lester at the end of 6 years?
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Finance Algebra Word Problem
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...
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Finance Algebra Word Problem
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...
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