Question
1)Ten years ago, Hailey invested $1,500 and locked in a 9 percent annual interest rate for 30 years (end 20 years from now). Aidan can
1)Ten years ago, Hailey invested $1,500 and locked in a 9 percent annual interest rate for 30 years (end 20 years from now). Aidan can make a 20-year investment today and lock in a 10 percent interest rate. How much money should he invest now in order to have the same amount of money in 20 years as Hailey?(Do not round intermediate calculations and round your final answer to 2 decimal places.) whats the present value?
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2)Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $391,000, Accounts receivable = $191,000, Inventory = $91,000, Accrued wages and taxes = $11,800, Accounts payable = $318,000, and Notes payable = $618,000. What is Campus's net working capital?
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3) The Fitness Studio, Inc.s, 2012 income statement lists the following income and expenses: EBIT = $541,000, interest expense = $82,000, and net income = $447,000. Calculate the 2012 taxes reported on the income statement.
thanks!
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