4. You just graduated from Yorkville University with your BBA. Because you were an honest student that never cheated on their mid term exams, you were able to find a good job that pays you $200,000 per year. You expect to have a 10% increase in your salary each year for the next twenty five years. What is the present value of your salary using a 3% discount rate?

Question 4 (20 marks) You have recently graduated from Yorkville University's BBA program, and have been hired by a major Canadian Bank with a starting salary of $110,000 per year. Your boss hired you directly from school as she knew you had performed very well in Professor Moscardelli's Managerial Finance course. You worked hard by reading all the textbook and you never behaved unethically by cheating or plagiarizing during any of the exams. One of the Bank's clients (Earl Grey Golf Corp.) has provided you with their latest Financial Statements. Earl Grey Golf Forporation 2019 and 2020 Statement in Dosition Numbering ASSETS LIABILITIES + 2019 2020 2019 2020 CURRENT ASSETS Cash Accounts Receivable Inventory TOTAL Current Aucts 24,046 12.448 25 192 61.686 1825 22.235 49.155 19.645 CURRENT LIABILITIES Accounts Payable Notes Payable Other Total Current Lishilities Long Term Debt 23.184 12,000 11.571 46755 80,000 18,420 40.800 27553 86.773 205,000 FIXED ASSETS Net Plant & Equipment 324,695 485,734 OWNERS EQUITY Common Stock Retained Earnings TOTAL OWNERS EQUITY TOTAL LA OF 40.000 219,826 259,826 386.581 40.000 243,606 283,606 576.279 TOTAL ASSETS 386,581 575, 379 Statement of Comprehensive Income 2020 Sales $326.919 Cost of Goods Sold 203, 199 Depreciation 32,420 Farines Before Interest & Tax $91,300 Interest Paid 17.500 Taxable income $73,800 Taxes (35%) 29.520 Net Income $44,280 Dividends $20,500 Additions to Retained Eamings $23,780 Calculate the RATIOS (2010) Current Ratio Reture Fouity Quick Ratio Cash Coverage Cash Ratio Fixed Asset Tumover Asset Turnover Dupont Identity Inventory Tumover Retum en AS Receivable Turnover Total Debt Ratio Equity Multiplier Times Interest Famed Profit Margin Your boss wants you to do to the following; 1. Calculate the Ratios ABOVE for 2020 (show all your work); 2. The client has asked for a $10 million loan. Based on the ratio's above which one's do you believe are most important to a bank and why? Make a recommendation (short paragraph) should the bank lend the client the money? Why or Why not. Question 5 (5 marks) (SHOW ALL WORK) 1. You deposited $10,000 into a GIC 5 years ago. Your GIC is now valued at $12,500. 2