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Q1: Madlen considers buying an apartment. Now, she rents a place for 11,000 a year. The current annual interest rate on mortgages is 6.5%. Her
Q1: Madlen considers buying an apartment. Now, she rents a place for 11,000 a year. The current annual interest rate on mortgages is 6.5%. Her planning period is 30 years. If she doesn't want to increase his housing costs, what amount of mortgage is available for his purchase? (4 Marks) Q2: Demero Company reports the following information during: sales, $30,000,000; net income is 25% of the total sales, and the total assets are 45% of the net income; Calculate: (6 Marks) (1) Return on assets. (2) Asset turnover. (3) Profit margin. Q3: A company offers to lease a system to you for $180 per month for five years. At the end of five years, you have the option to buy the system for $600. You will pay at the end of each month. He will sell the same system to you for $3,700 ish. If the going interest rate is 9%, which is the better offer
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