1 Thomson Trucking has $15 billion in assets, and its tax rate is 25 Its basic earning power (BEP) ratio is 10 , and its return on assets (ROA) is 4 25 What is its times interest earned (TIE) ratio Round your answer to two decimal places 2 Quantitative Problem 1 You deposit $1,800 into an account that pays 7 per year Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car How much will you be able to withdraw at the end of 5 years Do not round intermediate calculations Round your answer to the nearest cent $ Quantitative Problem 2 Today, you invest a lump sum amount in an equity fund that provides an 12 annual return You would like to have $11,700 in 6 years to help with a down payment for a home How much do you need to deposit today to reach your $11,700 goal Do not round intermediate calculations Round your answer to the nearest cent 3 Quantitative Problem 1 You plan to deposit $2,400 per year for 4 years into a money market account with an annual return of 2 You plan to make your first deposit one year from today What amount will be in your account at the end of 4 years Do not round intermediate calculations Round your answer to the nearest cent $ Assume that your deposits will begin today What amount will be in your account after 4 years Do not round intermediate calculations Round your answer to the nearest cent $ Quantitative Problem 2 You and your wife are making plans for retirement You plan on living 25 years after you retire and would like to have $85,000 annually on which to live Your first withdrawal will be made one year after you retire and you anticipate that your retirement account will earn 15 annually What amount do you need in your retirement account the day you retire Do not round intermediate calculations Round your answer to the nearest cent $ Assume that your first withdrawal will be made the day you retire Under this assumption, what amount do you now need in your retirement account the day you retire Do not round intermediate calculations Round your answer to the nearest cent

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1. Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 10%, and its return

1. Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 4.25%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

2. Quantitative Problem 1: You deposit $1,800 into an account that pays 7% per year. Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car. How much will you be able to withdraw at the end of 5 years? Do not round intermediate calculations. Round your answer to the nearest cent.

Quantitative Problem 2: Today, you invest a lump sum amount in an equity fund that provides an 12% annual return. You would like to have $11,700 in 6 years to help with a down payment for a home. How much do you need to deposit today to reach your $11,700 goal? Do not round intermediate calculations. Round your answer to the nearest cent.

3. Quantitative Problem 1: You plan to deposit $2,400 per year for 4 years into a money market account with an annual return of 2%. You plan to make your first deposit one year from today.

What amount will be in your account at the end of 4 years? Do not round intermediate calculations. Round your answer to the nearest cent.
$
Assume that your deposits will begin today. What amount will be in your account after 4 years? Do not round intermediate calculations. Round your answer to the nearest cent.
$

Quantitative Problem 2: You and your wife are making plans for retirement. You plan on living 25 years after you retire and would like to have $85,000 annually on which to live. Your first withdrawal will be made one year after you retire and you anticipate that your retirement account will earn 15% annually.

What amount do you need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent.
$
Assume that your first withdrawal will be made the day you retire. Under this assumption, what amount do you now need in your retirement account the day you retire? Do not round intermediate calculations. Round your answer to the nearest cent.