Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1) Janet wants to triple her money in a bank. How many years should she wait, if the bank pays her 6% interest rate? 2)
1) Janet wants to triple her money in a bank. How many years should she wait, if the bank pays her 6% interest rate? 2) You notice in Wall Street Journal that price of a 12-year bond, with 4% coupon is 90:16. what is the YTM of this bond? 3) Bavarian Sausage has the following details. Sales: $525,000 COGS: $215,000 AR: $125,000 AP: $185,000 Net Income: $126,000 What is the Profit margin? What is the Average Coliections Period? 4) You are a shareholder in a C-Corp. The corporation earns $10 per share before taxes. After it pays corporate taxes, it distributes all remaining earnings as dividends. The tax rate on corporates is 35% and on dividends is 10%, what is the amount of total taxes paid
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started