Question
please solve it ASAP with all requirements In order to determine the break-even point, we must identify several variables. At a minimum we. ___must know
please solve it ASAP with all requirements
- In order to determine the break-even point, we must identify several variables. At a minimum we. ___must know
- Variable costs
- Fixed costs
- Sales
- All of the above
- Net working capital can be found by subtracting ___ A) total liabilities from total assets.
B) current liabilities from current assets.
C) current liabilities from total assets.
D) current assets from current liabilities.
E) current assets from total liabilities.
- To determine the mortgage payment on a home loan with payments made at the beginning of each . ___
month, you would
A) determine the present value factor of an ordinary annuity and multiply the factor by the loan amount to determine the payment.
B) determine the present value factor of an annuity due and divide the factor into the loan to determine the payment.
C) determine the present value factor of an annuity due and multiply the factor by the loan amount to determine the payment.
D) determine the present value factor of an ordinary annuity and divide the factor into the loan to determine the payment.
- John Adams plans to retire at the age of 62. He wants an annual income of $60,000 per year. John is ___
currently 45 years of age. How much does he have to place at the beginning of each year into a retirement account earning 15 percent per year in order to have an adequate retirement nest egg at age 62? He believes that he will live to be 87 and plans to earn 12 percent during retirement. He will draw the money at the end of each year. The solution to this problem requires us to use the ________, and the ________ factors.
A) present value of a future annuity; future value of an ordinary annuity
B) future value of an ordinary annuity; future value of an annuity due
C) future value of an annuity due; present value of an ordinary annuity
D) present value of an ordinary annuity; future value of an annuity due
109. . Which of the following holds true for term insurance? ____
A) Premiums increase with age.
B) Premiums are paid for insurance and savings.
C) Premiums decrease with age.
D) Term policies are renewed at a lower rate.
110. Which of the following is a feature of cumulative preferred stock? . ____
A) Dividends accumulate and must be paid each year.
B) Dividends in arrears are paid to both preferred and common stockholders.
C) Dividends in arrears are paid to preferred stockholders whenever a dividend is declared by the corporation.
D) Dividends in arrears are paid to common stockholders
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