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Please answer the following in detail. Brenda Young desires to have $15,000 eight years from now for her daughters college fund. If she will earn
Please answer the following in detail.
Brenda Young desires to have $15,000 eight years from now for her daughters college fund. If she will earn 6 percent (compounded annually) on her money, what amount should she deposit now? Use the present value of a single amount calculation.
For each of the following ratios, explain what it tells the manager, the calculation that is performed and an example:
a. Debt -Equity Ratio
b. Current Ratio
c. Liquidity Ratio
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