Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You invested P150,000 in a bank that pays an 13% interest converted monthly. If your account balance today amounts to 9168,900 , approximately how many

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
You invested P150,000 in a bank that pays an 13% interest converted monthly. If your account balance today amounts to 9168,900 , approximately how many months did you invest your money? 10 months 9 months 8 months 11 months In regard to the agency problem, are the principal owners of a corporation. suppliers managers shareholders employees Managers of corporations need to act in an ethical manner because ethics violations will be punished by the law because business managers must answer to a higher authority, because ethical behavior is its own justification. because a business must be trusted by investors, customer and the public if it is to succeed. because a business must be trusted by investors, customer and the public if it is to succeed. Question 5 1 pts In measuring value, the focus should be on: time value of money carh flow carnings per share Iccouriting profits Using the funancial data for Key Waal Industries What is the debt ratio? Wireless Communications has a total asset turover of 2.66, total liabilities of $1,004,162, and sales revenues of $7,025,000. What is Wireless's debt ratio? 26.7% 81.18 38.0% 14.35 In the times-interest-earned ratio, dividend payments are included in: both the numerator and the denominator. the numerator. neither the numerator nor the denominator. the denarninator. Which of the following is the best indicator of management's effectiveness at generating profits relative to the firm's assets? Accounts receivable turnover Quick ratio Return on assets Fixed assets turnover An example of an asset management efficiency ratio is the total asset turnover ratio. gross profit margin. return on assets. times-interest-earned

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions