If you deposit 17362 KD in a savings account that earns 5% per year, how much will you be able to withdraw in 7 years?

You are 22 years old. How much should you deposit today in a bank account that earns 5.5% a year in order to be able to withdraw 20,000 KD at the age of 35?

A company has the following assets and liabilities:

Cash = 4967 KD

Accounts payable = 2,000 KD

Accounts receivable = 3,000 KD

Accrued expenses = 2,500 KD

Inventory = 5,000 KD

Notes payable = 1,000 KD

Calculate the quick ratio.

Consider the following financial statement information:

Total liabilities = 100,000 KD

Total equity = 50,000 KD

EBT = 2,000 KD

Tax rate = 22.8%

Calculate the return on assets (ROA)

Consider the following financial statement information:

Accounts receivable = 4549 KD

Accounts payable = 3,000 KD

Sales = 1,000,000 KD

COGS = 350,000 KD

Calculate the average collection period.