Finance question and answers for September 25, 2023
- Q Weiland Co. shows the following information on its 2016 incomestatement: sales = $173,000; costs = $91,400; other expenses =$5,100; depreciation expense = $12,100; interest expense = $8,900;taxes = $21,090; dividends...
- Q Compute the future value of:An initial $2,000 compounded annually for 10 years at8%An initial $2,000 compounded annually for 10 years at10%An annuity of $2,000 for 10 years at 8%An annuity...
- Q You are trying to decide how much to save for retirement. Assumeyou plan to save $8,000 per year with the first investment made oneyear from now. You think you can...
- Q You proposed a portfolio for your client with 60% in stock A and40% in stock B. Stock A has an average weekly return of 0.88% andstock B has an average...
- Q Bond X is a premium bond making semiannual payments. The bondpays a coupon rate of 7.4%, has a YTM of 6.8%, and has 13 years tomaturity. Bond Y is a...
- Q Assume that two athletes sign 10-year contracts that pay out atotal of $100 million over the life of the contracts. One contractwill pay the $100 million in equal installments over...
- Q Portfolio analysis4. Suppose you form a portfolio that invests 10% in T,20% in JPM, 30% in NEM and 40% in CVX. Calculate (a) portfoliomonthly returns, (b) portfolio's average monthly return,...
- Q Snowy Mountain Timber Ltd is considering purchasing a new woodsaw that costs $50,000. The saw will generate revenues of $100,000per year for five years. The cost of materials and labour...
- Q Take Five Systems, a new start-up, is developing a new iPhoneapplication (“appâ€) and provides you with the followingassumptions:Development and testing of the new app will take four months.Month five is...
- Q Snowy Mountain Timber Ltd is considering purchasing a new woodsaw that costs $70,000. The saw will generate revenues of $100,000per year for five years. The cost of materials and labour...
- Q • Summarize the most significant uses of the funds banks obtain;include a description of each and the risks involved. Next, discusswhy a bank might invest in securities, even though loans...
- Q your firm is condering lessing a magic box. the lease lasts 3years. the lease calls for 4 payments if 1000 per year with thefirst payment occuring at lease inception. the...
- Q • Describe what is meant by bank capital and discuss how banksdetermine the optimal amount of capital to hold. Since a bank’scapital is generally less than 10% of its assets,...
- Q 1. Take Five Systems, a new start-up, is developing a new iPhoneapplication (“appâ€) and provides you with the followingassumptions: a. Development and testing of the new app will takefour months....
- Q Consider the three bonds quoted in the following table(settlement: 2/15/94). Calculate discount factors and spot rates atsix-month intervals (d1, d2, d3 and y1, y2, y3), and implied sixmonth forward rates...
- Q Prof. Business wants a 22-year retirement annuity that begins 9years from today with an equal annual payment equal to $115,000today inflated at 2.5% annually over 9 years. Her first retirementannuity...
- Q Harris Corporation is evaluating whether to lease orpurchase equipment. Its tax rate is 25 percent. The purchase priceis $2.4 million, required modifications to the equipment will cost$100,000. The company would...
- Q In a comprehensive fashion, present the various components ofthe private sector's Retirement or Pension Program. Explain theextent of its coverage and its membership. Explain how it isfinanced, how it pays...
- Q You are considering a proposal to produce and market a newsluffing machine. The most likely outcomes for the project are asfollows: Expected sales: 100,000 units per yearUnit price: $190Variable cost:...
- Q Consider a PV solar power project with the followingparameters:• Initial cost: $18M for hardware + $14M for installation.• The yearly energy produced is 24 millions kWh which will bringan income...
- Q Central Supply purchased a new printer for $70,000 in January of2017. It has a fiscal yearend of December 31. The printer isexpected to operate for nine years, after which it...
- Q Last year Janet purchased a $1,000 face value corporate bondwith an 8% annual coupon rate and a 30-year maturity. At the timeof the purchase, it had an expected yield to...
- Q The January 28, 2017 (fiscal year 2016) financial statements ofCaleres, Inc. reported the following information (inthousands):Caleres, Inc.20162015Cost of sales$1,517,397$1,529,527Inventories, net   585,764   546,745LIFO reserve       4,345       4,094The footnotes to the 2016 financial statements of...
- Q You work for a pharmaceutical company that has developed a newdrug. The patent on the drug will last 17 years. You expect thatthe​ drug's profits will be $1 million in...
- Q Your parents have accumulated a $170,000 nest egg. They havebeen planning to use this money to pay college costs to be incurredby you and your sister, Courtney. However, Courtney has...
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