In: Psychology
In: Finance
The free cash flow for the last year is $361M. The expected growth rate is 8% for the next three years and 2.5% after that. If WACC is 10%, estimate the value of this firm.
In: Finance
Cullumber Cosmetics Inc. had a number of transactions during the
year relating to the purchase of various inventory items as noted
below.
For each of the below independent transactions determine what
amount should be included in inventory.
Lipstick products counted in the physical inventory amount to $23,700 which include $1,400 of duty charges for importing the goods and $2,300 of recoverable taxes (i.e. HST). (If an answer is zero, please enter 0. Do not leave any fields blank.)
| Inventory | $ |
Makeup kits held on consignment by a retailer with a cost of $12,000 (inclusive of $1,200 of commissions to the retailer). (If an answer is zero, please enter 0. Do not leave any fields blank.)
| Inventory | $ |
Costs of $4,600 to store makeup products in Cullumber Cosmetic’s warehouse. (If an answer is zero, please enter 0. Do not leave any fields blank.)
| Inventory | $ |
In: Accounting
If 38,300 dollars is invested at an interest rate of 7 percent
per year, find the interest earned for the investment at the end of
5 years for the following compounding methods.
(a) Annual:
(b) Semiannual:
(c) Monthly:
(d) Daily:
In: Finance
in its first year of business, atc company purchased land, a building, and a equipment on november 20 2016 for november 700000 in total. The land was valued 338000 and building at 262000 and the equipment at 150000. Additional information on the depreicable asset follows:
Assest Residual Value Useful life in years Depriciation Method
Building 15,000 60months residual value Straight line
Equipment 15,000 8months residual value Double diminishing balance
Instructions:
a. Allocate the purchase cost of the land, building and equipment to each of the asset,
b. atc has a december 31 fiscal year and is trying to decide how to calculate depriciation for asset purchased during the year. Calculate the depreication expense for the building and equipment for 2016 and 207 assuming
1. depreciation is calculated to the nearest month
2. a half year depriciation is recorded in the year of the acquisition
c. Which policy should atc follow in the year of acquisition recordsing depriciation to the nearest month or revcording half year of depricitaiom of the depriciation.
In: Accounting
You are searching the internet for investment opportunities and identify a 15-year annuity. The annuity will cost $42,000 today in exchange for 5.5 percent annual payments. What will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Multiple Choice $4,870.54 $4,466.82 $4,184.28 $4,811.74 $3,984.16
In: Finance
Interest is compounded annually unless stated otherwise. Payments are at the end of the year unless stated otherwise. All bonds have a face value of $1000. Taxes are 0 unless specified otherwise.
In: Finance
If the present value of an ordinary, 7-year annuity is $9,600 and interest rates are 9.0 percent, what’s the present value of the same annuity due? (Round your answer to 2 decimal places.)
In: Finance
What is the yield to maturity of a eight-year, $5,000 bond with a 4.5% coupon rate and semiannual coupons if this bond is currently trading for a price of $4,615?
A.5.71%
B.8%
C.6.85%
D.2.86%
A $47,000 loan is taken out on a boat with the terms 3% APR for 36 months. How much are the monthly payments on this loan?
A.$1,640.18
B.$1,366.82
C.$1,776.86
D. $1,503.50
A pottery factory purchases a continuous belt conveyor kiln for $46,000. A 9% APR loan with monthly payments is taken out to purchase the kiln. If the monthly payments are $482.51, over what term is this loan being paid?
A.12years
B.15years
C.14years
D.13
years
In: Finance