Answered step by step
Verified Expert Solution
Question
1 Approved Answer
multiple choice simple finance, (NO EXPLAINATION NEEDED), please help! thank you Dustin has a client that would iike to have $35,000 available for his son
multiple choice simple finance, (NO EXPLAINATION NEEDED), please help! thank you
Dustin has a client that would iike to have $35,000 available for his son to go to college in five years. Dustin suggest that his client deposit $6000 into an annuity at the end of each year. If that annuity pays 8% interest, how much would Dustin's client have in the annuity in five years? Select one: You are considering the purchasing preferred stock that pays a dividend of $2 a year. The current market rate of interest is 8%. What is the most you should consider paying per share of this preferred stock? Select one: Publicity traded companies are regulated by Select one: All of the following are theories to explain the shape of the yield curve except (Hint: look at the chapter 5 completed outline) Select one: Equity financing is accomplished by Select one: If, over five years, $2000 turned into $3000, what is the rate of return? Select one: Maria's Inn is planning an expansion that will result in an increase in assets, primarily fixed, of $1,000,000. The expansion is anticipated to increase net income from $50,000 to $150,000. Since Maria's Inn. LLC is not a publicly traded corporation, it will not be distributing any dividends. The increase in guests has resulted in an increase in current liabilities to $200,000. What is the external funding requirement for Maria's Inn? Select one: The finance department has informed Peter, the CFO at Federal Express, that their Average Collection Period for Federal Express is 60 days. Sales revenue for the past year was $144,000,000,000. How much was the average Accounts Receivable? Select one: Cost of goods sold at Paramount Farms is $180,000,000. Rose, as CFO of Paramount Farms, would like to increase inventory turnover from 60.0 to 90.0. If this occurs, how much would average inventory decrease? Select one: How long would it take for $2000 to become $2500 at an interst rate of 8.45% Select one: If the 8% interest on Chernell's $1,000 CD was copounded daily, what would the balance be at the end of five years Select one: What is the effective annual interest rate of 8% compounded daily
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started