Question
1.If the nominal interest rate is 10.23%. The expected inflation is 1.7% and the risk-free rate equals 4.7%, then the Risk Premium must equal ________%.
1.If the nominal interest rate is 10.23%. The expected inflation is 1.7% and the risk-free rate equals 4.7%, then the Risk Premium must equal ________%. Round your answer to two decimals and enter your answer as a percentage number, for example, if your answer is 5.24% enter 5.24 only.
2.The NOVID 20 laboratory has 90 million in total assets and 44 million in total liabilities. What is the value of their owner's equity? Enter your answer in millions, for example, if your answer is $34,000,000, you will enter 34 only. There is no need to enter any decimals.
3.The finance department at Snoopy Supermarket Inc. is trying to estimate some financial ratios. The firm is asking for your help and has provided the information shown below. Rounding your answer to two decimals, what is Snoopy's Net Profit Margin? Enter your answer as a full percentage number, for example, if you want to answer 23.58% you must enter 23.58
| Revenue | $13,132,159 |
| Accounts Receivable | $721,096 |
| Interest Expense | $288,384 |
| Total Operating Expense | $2,692,219 |
| Current Liabilities | $499,367 |
| Accounts Payable | $170,228 |
| Cost of Goods Sold | $5,366,578 |
| Tax rate | 34.4% |
| Shares Outstanding | 1,035,126 |
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Accounting An Essential Guide To Learning Accounting Quickly
Authors: Greg Shields
1st Edition
1978341873, 978-1978341876
