1.You have the following information on Marco's Polo Shop: total liabilities and equity = $210 million; current liabilities = $50 million, inventory = $65 million, and quick ratio = 1.7 times. Using this information, what is the balance for fixed assets on Marco Polo's balance sheet?

2.Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.84 times at the end of 2008. If the firm's total debt at year-end was $9.30 million, how much equity does Trina's Trikes have?

3.What is the present value of a $540 payment in five yearswhen the discount rate is 9 percent?

4.A deposit of $410 earns interest rates of 8.1 percent in the first year and 10.1 percent in the second year. What would be the second year future value?

5.What annual rate of return is earned on a $2,900 investment when it grows to $6,300 in twelve years?

6.If the future value of an ordinary, 6-year annuity is $6,100 and interest rates are 7 percent, what's the future value of the same annuity due?

7.A loan is offered with monthly payments and a 7.5 percent APR. What's the loan's effective annual rate (EAR)?

8.Compute the future value in year 8 of a $430 deposit in year 4 and another $230 deposit at the end of year 5 using a 8% interest rate.