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Part 1 Short Answers (15 points) 1. What is E-finance? 2. What is E-Banking? 3. In your opinion, what is the best security method? 4.

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Part 1 Short Answers (15 points) 1. What is E-finance? 2. What is E-Banking? 3. In your opinion, what is the best security method? 4. In your opinion, which is the best digital currency? 5. In your opinion, how can we create cashless society? Part II Questions (30 points) 1. Dove Company has Revenue 12,000,000 Cost of Goods Sold 4,000,000 Administrative Expenses 600,000 Marketing Expenses 300,000 Interest Expenses 80,000 Depreciation Expenses 150.000 Tax 30% Questions: Find VCRR, CFC. TOFC, EBIT, Net Profit, Net Cash Inflow. SR, NR? 2. In early 2019, Mike & Jane founded Mike & Jane's Moon Cake Company. They began producing small quantities of unique flavors and blends in limited editions. Revenues were $800,000 in 2020 and were estimated at $2.2 million in 2021. Because Mike & Jane were selling premium moon cake containing premium ingredients, cach small piece of moon cake sold for $5 and the cost of producing the moon cake averaged S2 per piece. Other expenses plus taxes averaged an additional S1 per piece of moon cake in 2020 and were estimated at $3.50 per piece in 2021. A. Determine the number of pieces of moon cake sold each year. B. Estimate the dollar amounts of gross profit and net profit for Mike & Jane's venture in 2020 and 2021. C. Calculate the gross profit margins and net profit margins in 2020 and 2021. D. Briefly describe what has occurred between the two years Part III Writing (15 points) 1. Describe what is FINTECH and the new financial technologies that can be used in FINTECH

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