1.A company finds that if they price their pens at p dollars each, then their weekly revenue for the pens will be 1000p - 200p^2 dollars. If their weekly revenue is 1200 dollars what is the price in dollars of each pen

2.A clock manufacturer has a has a fixed monthly cost of $100 and a variable production cost of $75 per clock. If each clock is sold for $125, determine the annual profit or loss if the company sells an average of 30 clocks per month

3.alex opened a savings account 3 years ago with a starting balance of $50. Even though Alex did not make any additional deposits into this account she earned additional $3.89 as interest compounded monthly. what is the approximate annual interest rate for this account?

4.The principal p is borrowed at a simple interest rate r for a period of time t. Find the simple interest owed for the use of money. Assume 360 days in a year.

P=$810 r=5% t=2 years

5.A new computer system that controls a manufacturing process for Cat Incorporated can be straight-line depreciated to zero over 7.00-years. The cost of the computer system is $300,000.00, and it will also cost $23,511.00 to install and deliver.

What is the yearly depreciation for the computer?

What is the book value of the computer after the fifth year?

6.Steamboat Springs Furniture, Inc., is considering purchasing a new finishing lathe that costs $55,624.00. The lathe will generate revenues of $96,772.00 per year for five years. The cost of materials and labor needed to generate these revenues will total $50,601.00 per year, and other cash expenses will be $11,136.00 per year. The machine is expected to sell for $9,839.00 at the end of its five-year life and will be depreciated on a straight-line basis over five years to zero. Steamboat Springs' marginal tax rate is 38.00 percent, and its cost of capital is 12.00 percent.

What is the project cash flow for the last year of the project?

7.An entrepreneur invests in his dream business of selling golf-carts. The initial investment is $275,199.00. The entrepreneur expects to generate an annual after-tax cash flow of $57,342.00 in running this business.

How long before the project will pay back?

8.An investor puts 42.00% of his investment into Cisco Systems, and the remaining 58.00% into Apple Computer. The standard deviation on Cisco Systems stock is 32.00%, while the standard deviation on Apple Computer is 25.00%.

Find the standard deviation of this portfolio if the correlation between the two stocks is 0.47.

9.Discuss the working capital cycle

10.Differentiate between billable and non-billable expenses