Question
answer all please!
5 points Question Marios Home Systems has sales of $2,820, costs of goods sold of $2,160, average inventory of $504, and acc
Question 51 What is the pre-tax equivalent yield for a municipal bond with a 5,14% yield if an investor has a tax rate of 12%
What is the monthly payment amount on a $100,000 home loan if the rate is 8.0% APR, and the loan is made for a 15-year period
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Ques-5)

Days Inventory Outstanding = (Average Inventory/Cost of Goods sold)*365 days

= ($504/$2160)*365

= 85.17 days

Option 5

Ques-51)

Pre-Tax Equivalent Yield = Yield of Municipal Bond/(1-Tax Rate)

= 5.14%/(1-12%)

= 5.84%

Option 3

Ques-)

Calculating Monthly Payment using Excel function:-

C9 fac =PMT(C3,C4,-C5,C6, C7) A B с D 1 2 0.67% 180 3 rate 4 nper 5 pv 6 [fv} 7 [type] 8 9 PMT 10 Interest rate No of Payment

So, Monthly Payment is $955.65

Option 5

If you need any clarification, you can ask in comments.     

If you like my answer, then please up-vote as it will be motivating     

Add a comment
Know the answer?
Add Answer to:
answer all please! 5 points Question Mario's Home Systems has sales of $2,820, costs of goods...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT