The following information indicates percentage returns for stocks L and M over a 6-year period:
|
Year |
Stock L Returns |
Stock M Returns |
|
1 |
14.02% |
20.19% |
|
2 |
14.59% |
18.23% |
|
3 |
16.99% |
16.41% |
|
4 |
17.29% |
14.41% |
|
5 |
17.5% |
12.43% |
|
6 |
19.27% |
10.41% |
In combining [L−M] in a single portfolio, stock M would receive 60% of capital funds.
Furthermore, the information below reflects percentage returns for assets F, G, and H over a 4-year period, with asset F being the base instrument:
|
Year |
Asset F Returns |
Asset G Returns |
Asset H Returns |
|
1 |
16.17% |
17.06% |
14.39% |
|
2 |
17.24% |
16.44% |
15.3% |
|
3 |
18.44% |
15.34% |
16.48% |
|
4 |
19.23% |
14.13% |
17.42% |
Using these assets, you have a choice of either combining [F−G] or [F−H] in a single portfolio, on an equally-weighted basis.
Required: Calculate the absolute percentage difference in the coefficient of variation (CV) between the stock portfolio [L−M] and the portfolio which outlines the optimal combination of assets.
In: Finance
Tyler Martin, a third year Tyler Martin, a third-year medical student on a family practice clerkship, was directed to obtain a comprehensive H&P of a new patient: D. A. D. A. recently moved to your city and has never been seen at this practice. She comes in today to establish care, and she is complaining of a cough. Followingis the student's documentation of the comprehensive H&P. As you read it, keep in mind the requirements set forth in the 1997 Guidelines of Documentation for Evaluation and Management by CMS for information that should be included in a medical record. Refer to the H&P to answer the questions that follow.
1. Does this document meet the CMS guidelines for documentation of a comprehensive H&P? Why or why not?
In: Nursing
Selected financial data for Quick Sell, Inc., a retail store, appear as follows.
| Year 2 | Year 1 | ||||||
| Sales (all on account) | $ | 756,000 | $ | 606,000 | |||
| Cost of goods sold | 417,000 | 353,000 | |||||
| Average inventory during the year | 156,000 | 146,000 | |||||
| Average receivables during the year | 150,000 | 100,000 | |||||
a-1. Compute the gross profit percentage for both years. (Round your percentage answers to the nearest whole number. i.e. 0.1234 as 12%.)
a-2. Compute the inventory turnover for both years. (Round your answers to 1 decimal place.)
a-3. Compute the accounts receivable turnover for both years. (Round your answers to 1 decimal place.)
b. Which of the following show a positive or negative trend?
|
||||||||||||||||||||||||||||||||||||||||||||||||
In: Accounting
In: Finance
Great Wall Pizzeria issued 10-year bonds with the face value of $100 one year ago at a coupon rate of 6.20 percent. Coupons are paid semiannually. If the YTM on these bonds is 7.4 percent per annum with a semiannual compounding frequency, what is the current bond price?
In: Finance
Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).
Enter answer in years, rounded to the nearest first decimal, as in "4.6" years
In: Finance
Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).
Enter answer in years, rounded to the nearest first decimal, as in "4.6" years
In: Finance
Starting next year you plan to deposit $1000 each year into an account earning 9.25% effective annual return. How many years will it take for your account to grow to $20,000, if you increase your deposit each year by 5%? (Hint: use excel goal seek).
Enter answer in years, rounded to the nearest first decimal, as in "4.6" years
In: Finance
Spring Break All Year Round is considering a new 3-year expansion project that requires an initial fixed asset investment of $3.5 million. The fixed asset falls into the 3-year MACRS class (MACRS Table) and will have a market value of $268,800 after 3 years. The project requires an initial investment in net working capital of $384,000. The project is estimated to generate $3,072,000 in annual sales, with costs of $1,228,800. The tax rate is 35 percent and the required return on the project is 17 percent. (Do not round your intermediate calculations.) Required: (a) What is the project's year 0 net cash flow? (b) What is the project's year 1 net cash flow? (c) What is the project's year 2 net cash flow? (d) What is the project's year 3 net cash flow? (e) What is the NPV?
In: Finance
A stock has had the following year-end prices and dividends:
|
Year |
Price |
Dividend |
|
0 |
$14.50 |
------- |
|
1 |
16.68 |
.15 |
|
2 |
17.68 |
.36 |
|
3 |
16.18 |
.38 |
|
4 |
18.52 |
.39 |
|
5 |
21.63 |
.46 |
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
In: Finance