Collins Office Supplies is considering a more liberal credit policy to increase sales‚ but expects that 9 percent of the new accounts will be uncollectible. Collection costs are 5 percent of new sales‚ production and selling costs are 78 percent‚ and accounts receivable turnover is five times. Assume income taxes of 30 percent and an increase in sales of $80‚000. No other asset buildup will be required to service the new accounts. a. What is the level of accounts receivable needed to support this sales
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1. Calculating Returns ( LO1‚ CFA1) Suppose you bought 100 shares of stock at an initial price of $ 37 per share. The stock paid a dividend of $ 0.28 per share during the following year‚ and the share price at the end of the year was $ 41. Compute your total dollar return on this investment. Does your answer change if you keep the stock instead of selling it? Why or why not? 2. Calculating Yields ( LO1‚ CFA1) In the previous problem‚ what is the capital gains yield? The dividend yield? What is
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with a 12 percent coupon. Bond D is a 6 percent coupon bond currently selling at a discount. Both bonds make annual payments‚ have a YTM of 9 percent‚ and have five years to maturity. The current yield for Bonds P and D is percent and percent‚ respectively. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g.‚ 32.16)) | If interest rates remain unchanged‚ the expected capital gains yield over the next year for Bonds P and D is percent and percent‚ respectively
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we can then calculate the water evolved. The first method we use to determine the percent composition is Gravimetric. With this method we use the mass of the reactant and the mass of the product. Another way to acquire the percent composition is by the Volumetric Method. This method requires measuring the water displaced by the O2 gas. If the experiment is done correctly‚ we should be able to calculate the percent composition of KClO3 by using both methods. Theory: This experiment requires us
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discount bond paying $1‚000 at maturity if the appropriate interest rate is: a. 5 percent? b. 10 percent? c. 15 percent? 2. Microhard has issued a bond with the following characteristics: Principal: $1‚000 Time to maturity: 20 years Coupon rate: 8 percent‚ compounded semiannually Semiannual payments Calculate the price of this bond if the stated annual interest rate‚ compounded semiannually‚ is: a. 8% b. 10%
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Week 3 Time Value of Money and Valuing Bonds Chapter 6 55. Amortization with Equal Payments Prepare an amortization schedule for a five-year loan of $36‚000. The interest rate is 9 percent per year‚ and the loan calls for equal annual payments. How much interest is paid in the third year? Answer: $2‚108.52 56. Amortization with Equal Principal Payments Rework Problem 55 assuming that the loan agreement calls for a principal reduction of $7‚200 every year instead of equal annual payments. Answer:
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Formal Percent Composition Lab Report Percent Composition is the composition of space given as a percentage. This is the percent composition formula‚ that would help us solve our experiment. Percent composition is important because it shows how much a certain substance is comprised of one component or other Percent composition is used in our everyday life’s. For example if you want to measure how much sugar you have ate. Or how much calories have you gained. Or just how we did in our
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1974‚ pp. 48-54 Stancu‚ S.‚ Predescu‚ M.O.‚ „The Choice of an Optimal Portfolio on the Romanian Capital Market under Uncertainty and Risk Terms‚ in the Actual Era of E-Business”‚ The Proceedings of the ninth international conference on informatics in economy‚ Bucharest‚ Romanian‚ 2009‚ pp. 206-211 Stancu‚ S.‚ Predescu‚ M.O.‚ „Genetic Algorithm for the Portfolio Selection Problem on the Romanian Capital Market”‚ Proceedings of International Conference on Engineering an Meta-Engineering‚ Orlando‚ USA
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P2 2. Judy Johnson is choosing between investing in two Treasury securities that mature in five years and have par values of $1‚000. One is a Treasury note paying an annual coupon of 5.06 percent. The other is a TIPS which pays 3 percent interest annually. a. If inflation remains constant at 2 percent annually over the next five years‚ what will be Judy’s annual interest income from the TIPS bond? From the Treasury note? b. How much interest will Judy receive over the five years from the
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35th birthday. Assuming you are age 21 (thus 14 years from receiving this)‚ what is the present value of this gift if the appropriate discount rate is 8.0%? (Ch5) a. $170‚231 b. $282‚449 c. $442‚619 d. $191‚206 e. $734‚664 2. You need $10‚900 for the down payment on a new car. You presently have $5‚000 in savings for which you expect to earn 6% (annual rate‚ compounded monthly). If you deposit a further $500 each month to this account‚ how long‚ approximately‚ before you will accumulate enough to
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