Invested amount = Present value of $85000 at 11%, 7 years
= 85000*4.7122 = $400537
Question 2 View Policies Show Attempt History Current Attempt in Progress . Your answer is incorrect....
Question 1 of 7 > - / 1 III View Policies Current Attempt in Progress Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $25,000 due 11 periods from now, discounted at 12%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ (b) What is the present value of $25,000 to be received at the end of each of...
Question 3 --/2 View Policies Current Attempt in Progress Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) What is the present value of $32,500 due 12 periods from now, discounted at 10%? (Round answer to 2 decimal places, e.g. 25.25.) Present value $ (b) What is the present value of $32,500 to be received at the end of each of 6 periods, discounted at 9%? (Round...
Next > Question 1 0/1 View Policies Show Attempt History Current Attempt in Progress On January 1, 2021. Buffalo Ltd. issued bonds with a maturity value of $5.40 million for $5.175.360, when the market rate of interest was 7%. The bonds have a contractual interest rate of 6% and mature on January 1, 2026. Interest on the bonds is payable semi-annually on July 1 and January 1 of each year. On January 1, 2021. Sunland Company, a public company purchased...
Question 5 0/1 View Policies Show Attempt History Current Attempt in Progress 4 Your answer is incorrect. Cullumber Corporation issues $520,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) Issue...
Please help! You've never done me wrong yet! 1A: 1B:1C: Question 1 --/1 View Policies Current Attempt in Progress Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $166,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $32,982. Click here to view PV table. What is its approximate internal rate of...
issued bonds amout received View Policies Show Attempt History Current Attempt in Progress Grouper Inc. issues $2,500,000 of 7% bonds due in 15 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 12%. Click here to view factor tables What amount will Grouper receive when it issues the bonds? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to decimal places, eg. 458,581.)...
Question 3 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect. Suppose the following information (in millions of dollars) is available for Limited Brands for a recent year: sales revenue $8,670, net income $244, preferred dividend $0, and weighted average common shares outstanding 400 million. Compute the earnings per share for Limited Brands. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $ 0.57 eTextbook and Media Save for Later Attempts: unlimited Submit...
Question 2 View Policies Current Attempt in Progress Sunland Company is about to issue $309,200 of 10-year bonds paying an 11% nterest rate, with interest payable sem annually. The discount rate for such securities is 1 % Click here to view the factor table. For calculation purposes, use 5 decimal places as displayed in the factor table provided) How much can Sunland expect to receive for the sale of these bonds? (Round answer to O decimal places, eg. 2,575) Sunland...
TVM2 Send to Gradebook < Prev Next Question 3 /1 View Policies Current Attempt in Progress Snyder Company is considering purchasing equipment. The equipment will produce the following cash inflows: Year 1, $35,500; Year 2, $39,500; and Year 3, $49,000. Snyder requires a minimum rate of return of 10 % Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the foctor table provided) What is the maximum price Snyder should pay for...
Question 4 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Suppose in its 2022 annual report that McDonald's Corporation reports beginning total assets of $29.00 billion, ending total assets of $31.00 billon, net sales of $21.60 billion, and net income of $4.59 billion (a) Compute McDonald's return on assets. (Round return on assets to 2 decimal places, eg 5.12 % ) McDonald's return on assets 15 % (b) Compute McDonald's asset turnover (Round asset...