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Wizards of the Coast Inc. paid $ 118 in dividends and $440 in interest expense. The addition to retained earnings is $688 and net new
Wizards of the Coast Inc. paid $ 118 in dividends and $440 in interest expense. The addition to retained earnings is $688 and net new equity is $402. The tax rate is 26%. Sales are $12746 and depreciation is $8521 What are the earnings before interest and taxes (EBIT)? (Round to the nearest penny). Select one: a. 1592.89 b. 1630.86 c. 1390.53 d. 1462.04 e. 1529.19 You invested $8,000 in two different banks. Bank 1 pays 4% simple annual interest whereas Bank 2 pays 4% compounded annually. If you plan to invest the money for 22 years which bank would you choose and how much more money would you earn? (Round your answer to the nearest penny.) Select one: a. Bank 1; 4433.11 b. Bank 2; 4263.19 c. Bank 1 ; 3806.34 d. Bank 2; 3325.36 e. Bank 2 ; 3919.35 You can invest funds at 4.9% (APR). You are considering buying an annuity and are comparing two alternatives. Both of these are 15 years in length, with the same number of monthly payments (to you) of $5765. The first instrument pays at the "end" of the month while the second pays at the beginning" of the month. You believe that the second alternative must be worth more as the money comes to you faster, but how much more is it worth to you? Select one: a. 2596 b. 2702 c. 2997 d. 3397 e. 4420
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