Question
Please answer all of these! 1. What is the present value of $5,000 per year at a discount rate of 18% if the first payment
Please answer all of these!
1. What is the present value of $5,000 per year at a discount rate of 18% if the first payment is received 4 years from now and the last payment is received 19 years from now?
2. Bate Industries has a return on assets of 10.92%, total asset turnover of .84, and its debt/equity ratio 1.4. What is the ROE?
3. Add the beginning of 2019, Allegra Inc. had current assets of 1,450 and current liabilities of 1,624. At the end of 2019, Allegra had current assets of 1,530 and current liabilities of 1320
4. You would like to start saving for retirement. If you deposit $5,500 at the end of each of the next 30 years into an investment account earning 9% interest, how much will you have in the account in 30 years?
5.
Which of the following would increase the financial leverage of a firm?
| Total debt increases and the debt-to-equity ratio remains constant |
| New debt is issued and common stock is repurchased |
| Total debt increases and increases at the same rate |
| Total equity increases and total assets remain the same |
| New equity is sold and existing bonds are paid off |
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