Which of the following indicates a concern related to net working capital?

Current liabilities greater than long-term debt

Long-term debt greater than net fixed assets

Current assets greater than current liabilities

Current liabilities greater than current assets

What does the payables turnover ratio measure?

Profitability

Market-value

Asset utilization

Leverage

Liquidity

Johnson needs to have $52,000 in 12 years. To reach the goal, he intends to make monthly contributions to a savings plan. If he can earn 11% APR with monthly compounding on the savings plan, what is the amount that he will have to save each month for the next 12 years

	$59
	$107
	$155
	$167
	$175
	$185

Privyet, Inc. in year 2014 had ending accounts payable of $431,000, sales of $2,481,000, and cost of goods sold of $2,422,000. How many days on average did it take pay these accounts?Round your answer to 2 decimal places

A friend is considering the purchase of a house that costs $195,000. Your friend expects to get an interest rate of 8.30 and wants to finance this purchase making monthly payments over 28 years. What is their monthly payment?

You have $3,000 you want to invest. You are offered an investment plan that will pay you 7.5% per year for the first 10 years and 10.80% per year for the last 27 years. How much will you have at the end of all these years?

Fin Mix invested $33,942 at 9% interest, compounded annually for 4 years. How much interest did the company earn over this period of time? Round it to two decimal places

If you deposit $36,000 at the end of each of the next 14 years at 7.7 percent interest, how much will be in the account after 14 years?

If you deposit $12,000 at the end of each year for the next 15 years into an account paying 6% interest, how much will you have in the account in 15 years?

$279,312

281,272

282,772

284,112

285,632

180,000

Two banks are offering savings accounts. Bank X is offering 2.09% APR with daily compounding; Bank Y is offering 2.10% with semiannual compounding. How do these offers compare?

Bank Xs offer is better than Bank Ys offer

One offer is just as good as the other offer

Bank Ys offer is better than Bank Xs offer

Not enough information

Low leverage ratios:

generally produce a high rate of return.

appear on the right side of a balance sheet.

include all intangible assets.

can be sold quickly at close to full value.

decrease the probability a firm will face financial distress.

How long would it take your money to double at an annual rate of 0.40%?

Jason plans to start saving for retirement. He will invest $13,000 at the end of each year for the next 36 years in a fund that will earn a return of 14 percent annually. How much will Jason have at the end of 36 years?

$9,817,747

9,977,747

10,113,747

10,291,747

10,482,747

10,644,747