Torres Corp has total debt of $9m, total assets of $15m and sales of $30m. If the profit margin is 5%, what is ROE?

a.18%

b.15%

c.25%

d.10%

e.30%

Mansfield Corp has an ROA of 20%, total equity of $5m and a D/E ratio of 0.5. How much is Net Income?

a.$0.5m

b.$2.5m

c.$10m

d.$1.5m

e.$5m

The price of Vizy Corp shares are $12. There are 50 million shares outstanding. If the net income is $30m, what is the Price/Earnings ratio of the company?

a.18

b.12

c.30

d.20

e.15

One year ago, you invested $3,150. Today it is worth $3,700.50. What rate of interest did you earn?

a.17.30

b.14.88

c.15.17

d.17.48

e.17.43

Some time ago, Julie purchased eleven acres of land costing $14,990. Today, that land is valued at $50,761. How long has she owned this land if the price of the land has been increasing at 5 percent per year?

a.24.72 years

b.24.51 years

c.25.00 years

d.24.67 years

e.25.13 years

St George bank offers an investment that pays 15.5% per year compounded quarterly. If you invest in this account how much are you effectively earning?

a.3.85%

b.15.73%

c.16.42%

d.16.2%

e.15.55%

What is the future value of $3,088 invested for 10 years at 4.50 percent compounded annually?

a.$4,507.84

b.$1,948.55

c.$4,795.57

d.$4,811.10

e.$4,780.04

What is the present value of $13,150 to be received 4 years from today if the discount rate is 5.75 percent?

a.$9,147.83

b.$10,376.51

c.$11,119.48

d.$10,409.73

e.$10,514.88

You invested $1,420 in an account that pays 3 percent simple interest. How much more could you have earned over a 5-year period if the interest had compounded annually?

a.$22.62

b.$12.51

c.$13.17

d.$13.83

e.$12.63

Your firm wants to take a loan of $80,000 to buy a warehouse. The bank offers you a 30-year loan with equal annual payments and an interest rate of 8% per year. How much are the annual loan payments?

a.$8882.74

b.$7950.19

c.$710.62

d.$7106.19

e.$9937.73