1) ABC expects sales of $20,676,000 this year. The cost of goods sold is expected to be $11,789,000 while selling, general and admin (SGA) expenses are forecast to be $5,482,000. The firm expects depreciation expenses to be $289,000 and expects to pay an average interest rate of 5.6% on its $4,410,000 of liabilities. Given its tax rate of 40%, what is the expected net income for ABC this year?(If it is a negative, be sure and enter a negative sign) 2) This year, ABC expects sales of $147,368,000 and a gross profit margin of 28.3 percent this year, along with an Inventory Turnover Ratio (COGS / Inventory) of 6.10. What is ABC's projected level of inventory, given these numbers?

3) This year, ABC had sales of $46,204,000 and an Accounts Receivable Turnover Ratio (Sales / Accounts Receivable) of 8.7. ABC projects that next year, its sales will grow by 10 percent while its Accounts Receivable Turnover Ratio will drop to 8.4. If that happens, what will be the total dollar change in accounts receivable between this year and next year? 4) In its most recent financial statements, ABC reported 79,000 of net income and 321,000 of retained earnings. The retained earnings at the end of the previous year were 254,000. How much in dividends was paid to shareholders during the year? 5) ABC ended the year with inventory of 822,000. During the year, the firm purchased 5,258,000 of new inventory and the cost of goods sold reported on the income statement was 5,099,000. What was ABC's inventory at the beginning of the year? 6) ABC extends credit to its customers on terms of 2/10, net 40. Assuming a customer pays the invoice at the end of the costly trade credit period, what is the annualized cost of trade credit? (Show your answer in decimal form to four places, e.g., 12.34% would be 0.1234) 7). Fred deposited $7,701 in a savings account that has an Annual Percentage Rate of 6.3 percent interest per year. How much will he have in the account after 18 years? (Show your answer as a positive number) 8). ABC has a beta of 0.65. The expected return for the S&P 500 stock index is 14.2 percent and U.S. Treasuries are expected to yield 4.3 percent. Based on the Capital Asset Pricing Model (CAPM), what is ABC's expected rate of return? (show your answer in decimal form to four places)