Need some help on these chapter problem setquestions
##################>### ############################################# #a ###################%####bjbj[#[################### ###7N##9bE\\9bE\\####### %####################################################################### #####j#######j#######j#######j#######j###################~#######~#######~# ##8######4######t###~#######.#####^#######^###"########################[# ######u### ###########.#######.#######.#######.#######.#######.#######.##$###c0######3##T ###&.######################j##############################[#######[########### ##########&.##############j#######j############################;.######I#### ###I#######I##########j###j##############j###############.##############I#### ###########################################################.##############I#### ###I###r###R###T################################################################ ###########R$##################G################R############### #########Q.##0###.############m3######E######m3######R$######################## ##############################################R$####m3##############j#######x$ ##t ################I########################################################## ################&.######&.################################################## ###############################################.######################### ################################################### ######################################## ##m3###################################################################### ##########################################################> ##0###:######### ################################################################################ ################################################################################ ################################################################################ ################################################################################ ################################################################################ #######################Refer to the following financial statements:###What was the debt-to-equity ratio as of 2008? How many days on average did it take Bayside to sell its inventory? (Use 2008 values) What was the ROE for the company in 2008? What was the equity multiplier for the company in 2008? If you have a choice to earn simple interest on $10,000 for six years at 8% or annually compounded interest at 7.5% for six years which one will pay more and by how much? You just won the lottery! As your prize you will receive $1,500 a week for 10 years. If you can earn 8% on your money, what is this prize worth to you today? You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving the insurance proceeds. You can receive a lump sum of $50,000 today or receive payments of $641 a month for ten years. You can earn 6.5% on your money. Which option should you take and why? What is the present value of $1,100 per year, at a discount rate of 10 percent if the first payment is received 10 years from now and the last payment is received 30 years from now? Your employer contributes $150 a week to your retirement plan. Assume that you work for your employer for another 30 years and that the applicable discount rate is 5.2 percent. Given these assumptions, what is this employee benefit worth to you today? You plan on saving $5,200 this year, nothing next year, and $7,500 the following year. You will deposit these amounts into your investment account at the end of each year. What will your investment account be worth at the end of year three if you can earn 8.5 percent on your funds? Kaiser Industries has bonds on the market making semi-annual payments, with 14 years to maturity, and selling for $1,382.01. At this price, the bonds yield 7.5 percent. What is the coupon rate? You have $2,500 that you want to use to open a savings account. You have found five different accounts that are acceptable to you. All you have to do now is determine which account you want to use such that you can earn the highest rate of interest possible. Which account should you use? Why? Show your calculations. (Hint: EAR) Account #APR#Compounding Frequency##A#3.75%#Annual##B#3.70%#Monthly##C#3.70%#Semiannual##D#3.65%#Daily##E#3.66%#Quarterly## Best Lodging has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 8 years, and have a 6 percent coupon. The current price is quoted at $1,110. What is the yield to maturity? The Stiller Corporation will pay a $3.80 per share dividend next year. The company pledges to increase its dividend by 2.4 percent indefinitely. How much are you willing to pay to purchase this company's stock today if you require a 6.9 percent return on your investment? Margie opened a used book store and is both the 100 percent owner and the store's manager. Which type of business entity does Margie own if she is personally liable for all the store's debts? A. Sole proprietorshipB. Limited partnershipC. CorporationD. Joint stock companyE. General partnershipThe primary goal of financial management is to maximize the: A. current net incomeB. net working capitalC. the number of shares outstandingD. value of the firmE. revenue growthAn agency problem is prone to exist in public corporations because: A. of the size of the operationsB. operations are frequently spread over various geographic locations C. management and owners have different incentivesD. managers are always dissatisfied employeesE. public corporations are mostly headquartered in New YorkTim has been promoted and is now in charge of all fixed asset purchases. In other words, Tim is in charge of: A. capital structure managementB. asset allocationC. risk managementD. capital budgetingE. working capital management Todd will be receiving a $10,000 bonus one year from now. The process of determining how much that bonus is worth today is called: A. aggregatingB. discountingC. simplifyingD. compoundingE. extrapolatingWhich one of the following transactions occurred in the primary market? A. Maria gave 100 shares of Alto stock to her best friend.B. Gene purchased 300 shares of Alto stock from Ted.C. South Wind Products sold 1,000 shares of newly issued stock to Mike.D. Terry sold 3,000 shares of Uno stock to his brother.E. The president of Trecco, Inc. sold 500 shares of Trecco stock to his son.Sara is investing $1,000 today. Which one of the following will increase the future value of that amount? A. Shortening the investment time periodB. Paying interest only on the principal amountC. Paying simple interest rather than compound interestD. Paying interest only at the end of the investment period rather than throughout the investment periodE. Increasing the interest rateJanis just won a scholarship that will pay her $500 a month, starting today, and continuing for the next 48 months. Which one of the following terms best describes these scholarship payments? A. Ordinary annuityB. Annuity dueC. ConsolD. Ordinary perpetuityE. Perpetuity due Which one of the following is an example of a perpetuity? A. Income of $1,200 a year forever from a trust fundB. Retirement pay of $2,200 a month for 20 yearsC. Lottery winnings of $1,000 a month for lifeD. Car payment of $260 a month for 60 monthsE. Apartment rent payment of $800 a month for one yearWhen you discount money you are:A. agreeing to invest funds at a lower than normal rate of interestB. computing the present value of a future cash flowC. offering to accept less value than that to which you are entitledD. stating the rate of interest you require to invest your fundsE. calculating the future value of a present cash flowYou are comparing two annuities which offer monthly payments for ten years. Both annuities are identical with the exception of the payment dates. Annuity A pays on the first of each month while annuity B pays on the last day of each month. Which one of the following statements is correct concerning these two annuities? A. Both annuities are of equal value today.B. Annuity B is an annuity due.C. Annuity A has a higher future value than annuity B.D. Annuity B has a higher present value than annuity A.E. Both annuities have the same future value as of ten years from today.Kate wants to invest $1,000 for five years. Which one of the following will provide her with the smallest future value? A. 6 percent simple interestB. 6 percent interest, compounded dailyC. 6 percent interest, compounded monthlyD. 6 percent interest, compounded semiannuallyE. 6 percent interest, compounded annuallyWhich one of the following is a capital structure decision? A. determining which one of two projects to accept B. determining how to allocate investment funds to multiple projectsC. determining the amount of funds needed to finance customer purchases of a new productD. determining how much debt should be assumed to fund a projectE. determining how much inventory will be needed to support a projectWhich one of the following is classified as an intangible fixed asset? A. accounts receivable B. production equipmentC. buildingD. trademarkE. inventory Which one of the following represents the most liquid asset? 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