Broussard Skateboard's sales are expected to increase by 20% from $9.0 million in 2016 to $10.80 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 5%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.

Below are the financial statements of ABC Company

PREPARE A STATEMENT OF CASH FLOWS USING THE INDIRECT METHOD

Suppose that a 15-year mortgage loan for $200,000 is obtained. The mortgage is a level-payment, fixed-rate, fully amortized mortgage and the mortgage rate is 7.0% (APR, monthly).

a. Find the monthly mortgage payment.

b. Compute an amortization schedule for the first six months.

c. What will the mortgage balance be at the end of the 15th year?

d. If an investor purchased this mortgage, what will the timing of the cash flow be assuming that the borrower does not default?

endy's boss wants to use straight-line depreciation for the new expansion project because he said it will give higher net income in earlier years and give him a larger bonus. The project will last 4 years and requires $700,000 of equipment. The company could use either straight-line or the 3-year MACRS accelerated method. Under straight-line depreciation, the cost of the equipment would be depreciated evenly over its 4-year life. (Ignore the half-year convention for the straight-line method.) The applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%. The project cost of capital is 8%, and its tax rate is 50%. What would the depreciation expense be each year under each method? Year Scenario 1 (Straight Line) Scenario 2 (MACRS) 1 $ $ 2 3 4 Which depreciation method would produce the higher NPV? How much higher would it be? Round your answer to the nearest dollar.

Angel Enterprise was going public in 2018. You were wondering whether the $30 per share offer price is a fair price. You decided to use discounted cash flow approach to value the company’s stock. You gathered the following data:

a. Based on your valuation, what is the common stock per share? Is the stock worth buying?

b. What is the common stock per share if the terminal growth rate (growth rate beyond 2023) were 5% instead of 3%?

Please cut and paste your Excel spreadsheet here.

** I need help with the equations

The Morris Corporation has $800,000 of debt outstanding, and it pays an interest rate of 10% annually. Morris's annual sales are $4 million, its average tax rate is 30%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 5 to 1, its bank will refuse to renew the loan and bankruptcy will result. What is Morris's TIE ratio? Do not round intermediate calculations. Round your answer to two decimal places.

The Mayflower Corporation has two different bonds currently outstanding. Bond A has a face value of $50,000 and matures in 5 years. The bond makes no payments for the first 2 years, then pays $2,000 every 6 months over the next 3 years until maturity. Bond B also has a face value of $50,000 and matures in 5 years; it makes $750 of coupon payment every 6 months over the life of the bond. If the annual required rate of return for both of these bonds is 10%, what is the value of Bond A? Bond B?

I need help with equations

Consider the following​ bonds:

What is the percentage change in the price of each bond if its yield to maturity falls from

6.8 %6.8%

to

5.8 %5.8%​?

The percentage change in the price of bond A is

nothing​%.

​(Round to one decimal​ place.)

Respond to you thoughts on this discussion in 150 words  

Calculators, computers, and a number of other technological innovations are important tools for doing mathematics. How well teachers use the tools greatly affects how well student learn mathematics. Calculators, and computers were invented to save time and allow us to solve more challenging problems. The ability to translate data from one form of representation to another, such as numbers and symbols to graphs and tables, or from graphs to tables is more important than ever ( Seeley, C. 2019). But, on the other hand, technology have made some mathematics less important. This subject has become very controversial because some fear that students will not learn how to add, subtract, multiply, and divide mentally with pencil and paper. The most important way in which technology affects the mathematics curriculum is that it makes some mathematics possible for the first time. By using technology, students at all levels can tackle real problems that might arise from planning a field trip or from a news story, even if the numbers involved might make the problem difficult with only a pencil and paper. Graphing calculators allow students to see the connection between visual representation and symbolic ones. The school should provide appropriate access to technology and it should not be left to the students.

Many of the arguments issued for educational technologies are based on anecdotes not scientific data. To counter these arguments research from decades of learning ,research, laboratory and sometimes classrooms will show how students process, store and retrieve information. The misuse of technology in class rooms can create distraction. When students have the freedom to use cellphones in class, they perform a grade lower than if they did not use it. Evidence shows that student perform better on test than when they take notes on paper rather than a lab top. Studies show that multimedia learning greatly increases student's retention of course material.

When it comes to understanding the role money play in everyday society the present value is the concept that states an amount of money today is worth more than that same amount in the future. So, money received in the future is not worth as much as an equal amount received today. Money not spent today could be expected to lose value in the future by some implied annual rate, which could be inflation or the rate of return if the money was invested.

List and describe two concepts that you feel were most important to you in this course. Why were these important to you?

PORTFOLIO REQUIRED RETURN

Suppose you are the money manager of a $4.78 million investment fund. The fund consists of four stocks with the following investments and betas:

If the market's required rate of return is 10% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.