The following data is provided for a market 500 Index:                                                               
                                                                                    
                        Year     Total return     Year     Total return                 
                        2010    9.0%                2020    2.0%                
                        2011    11.0%             2021    3.0%                
                        2012    -3.0%               2022    3.0%                
                        2013    1.0%                2023    -1.0%               
                        2014    5.0%                2024    5.0%                
                        2015    -12.0%             2025    4.0%                
                        2016    3.0%                2026    -3.0%               
                        2017    4.9%                2027    3.5%                
                        2018    -7.0%               2028    7.0%                
                        2019    0.1%                2029    5.8%                
                                                                                    
Calculate the 20-year arithmetic average annual rate of return on the market Index.

A) 2.07%

B) 0.10%

C) 2.59%

D) 5.62%                                                          

3) A British firm has a subsidiary in the U.S., and a U.S. firm, known to the British firm, has a subsidiary in Britain. Define and then provide an example for each of the following management techniques for reducing the firm's operating cash flows. The following are techniques to consider:

a)   matching currency cash flows

b)   risk-sharing agreements        

c)   back-to-back or parallel loans

Quantitative Problem: At the end of last year, Edwin Inc. reported the following income statement (in millions of dollars): Sales $4,150 Operating costs excluding depreciation 3,055 EBITDA $1,095 Depreciation 305 EBIT $790 Interest 160 EBT $630 Taxes (40%) 252 Net income $378 Looking ahead to the following year, the company's CFO has assembled this information: •Year-end sales are expected to be 5% higher than $4.15 billion in sales generated last year. •Year-end operating costs, including depreciation, are expected to increase at the same rates as sales. •Interest costs are expected to remain unchanged. •The tax rate is expected to remain at 40%. On the basis of this information, what will be the forecast for Edwin's year-end net income? Round your answer to the nearest whole million. Do not round intermediate calculations. Enter all values as positive numbers. (in millions of dollars) Sales $ Operating costs including depreciation EBITDA $ Depreciation EBIT $ Interest EBT $ Taxes Net income $

​(Calculating NPV​) Doublemeat Palace is considering a new plant for a temporary​ customer, and its finance department has determined the following characteristics. The company owns much of the plant and equipment to be used for the product. This equipment was originally purchased for​ $90,000; however, if the project is not​ undertaken, this equipment will be sold for $ 30,000 after​ taxes; in​ addition, if the project is not​ accepted, the plant used for the project could be sold for $ 85,000 after taxes-the plant originally cost​ $40,000. The rest of the equipment will need to be purchased at a cost of $ 130,000. This new equipment will be depreciated by the straight line method over the​ project's 3​-year ​life, after which it will have zero salvage value. No change in net operating working capital would be​ required, and management expects revenues resulting from this new project to be $ 222,000 per year for 3 ​years, while increased operating​ expenses, excluding​ depreciation, are expected to be $ 86,000 per year over the​ project's 3​-year life. The average tax rate is 25 percent and the marginal tax rate is 35 percent. The required rate of return for this project is 13 percent. What is the​ project's NPV​?

a. What is the initial outlay associated with this​ project?

b. What are the annual​ after-tax cash flows associated with this project for years 1 and 2​ (note that the cash flows for years 1 and 2 are​ equal)?

c. What is the terminal cash flow in year 3​ (what is the annual​ after-tax cash flow in year 3 plus any additional cash flows associated with the termination of the​ project)?

d. What is the ​project's NPV given a required rate of return of 13 ​percent?

Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the rest, with the agreement to pay nothing for the entire first year and then to pay $546.83 at the end of each month over years 2, 3, and 4 (first payment is in 13th month).

a) what nominal interest rate is Aerotron paying the loan? (please try to show me with goal seek and Excel)

b) what effective interest rate are they paying?

c) how much of the 14th month's payment is interest? how much is principal?

d) how much of the 18th month's payment is interest? how much is principal?

e) how much of the 22nd month's payment is interest? how much is principal?

Please Answer Promptly:- How long does it take normally to get a question answered after posting?

The EIA reports the composite refinery acquisition price in the Rocky Mountain region ( PADD 4) for a barrel of crude oil during April 2019 was $59.24. During the same period of time, the composite refinery acquisition price for the East Coast (PADD 1) was $70.01. During the same period, the average wholesale price of a gallon of gasoline (average of all grades, all formulations) in PADD 4 was $2.738 per gallon and the average wholesale price of diesel was $3.089. The PADD 1 average prices were $2.770 and $3.157, respectively. Which of the following are true? The PADD 1 spread is larger than the PADD 4 for April 2019. For either PADD 1 or PADD 4, gasoline contributes just over 63% to the value of the final goods. The PADD 4 spread for April 2019 was $1.44 per gallon. Two of the above None of the above.

A firm is considering a project that requires an initial investment of $180,000. The life of this project is five years. Cash flows for each year are estimated as follows:

The cost of capital of this project is 8%. Calculate the internal rate of return of the project and make a decision.

Calculate the NPV and IRR with mitigation. Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55. Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to two decimal places.

NPV: $   million

IRR: %

Calculate the NPV and IRR without mitigation. Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55. Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to two decimal places.

NPV: $   million

IRR: %

XYZ is now evaluating the purchase of a new machine for $210,000 installed with no NWC change. They plan to sell the machine at the end of 3 years for $30,000. MACRS 3 year depreciation. With the more efficient machine, labor savings per year are expected to be $70,000, $94,000 and $76,000 respectively. 40% tax. The cost of capital for this project is 8.%

The option of working cooperatively with another company has just been presented instead of purchasing the new machine. The details of this option are: initial investment of $120,000, net operating cash flows (years 1-3) of 47,000, 49,000 and 52,000 respectively (already takes into account depreciation effect and terminal cash flow so there is no need to calculate depreciation effect or terminal value just use these as-is for your analysis), cost of capital for this project is 8.2%.

1. Besides analyzing the numbers, list two areas of concern XYZ might look at when deciding whether to choose working cooperatively with another company. State in 25 words or less.

Broussard Skateboard's sales are expected to increase by 20% from $7.6 million in 2016 to $9.12 million in 2017. Its assets totaled $5 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 4%, and the forecasted payout ratio is 70%. Use the AFN equation to forecast Broussard's additional funds needed for the coming year. Round your answer to the nearest dollar. Do not round intermediate calculations.

Prepare a budget (one month) for An Internet Startup Advertising company. This Internet company has 3 people: Software developer, sales, website maintenance/accounting. These 3 people founded this company by themselves, they are in different locations and work from their homes. All figures should be reasonable.

write more detailed information about Apple for example: their line of business, products, customer base, geography, future investments and plans, etc.(you can find more information in their annual report)

New-Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $850,000, and it would cost another $23,000 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $557,000. The machine would require an increase in net working capital (inventory) of $13,500. The sprayer would not change revenues, but it is expected to save the firm $414,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 30%. What is the Year 0 net cash flow? $ What are the net operating cash flows in Years 1, 2, and 3? Do not round intermediate calculations. Round your answers to the nearest dollar. Year 1 $

Year 2 $

Year 3 $

What is the additional Year 3 cash flow (i.e, the after-tax salvage and the return of working capital)? Do not round intermediate calculations. Round your answer to the nearest dollar. $

If the project's cost of capital is 15 %, what is the NPV of the project? Do not round intermediate calculations. Round your answer to the nearest dollar. $ Should the machine be purchased?

3.

A project has an initial cost of $37,875, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.