Questions
asses US economy from 2000-2020

asses US economy from 2000-2020

In: Economics

List and analyze current goals of AppleInc. (2020)

List and analyze current goals of AppleInc. (2020)

In: Economics

what is the duty of Entrepreneur in creative industries in 2020 ?

what is the duty of Entrepreneur in creative industries in 2020 ?

In: Operations Management

What is the outlook for the remainder of 2020 for equity markets?

What is the outlook for the remainder of 2020 for equity markets?

In: Finance

brief summary of the demographic trends in japan 2020 ?

brief summary of the demographic trends in japan 2020 ?

In: Economics

what are the goals and objectives of Xiaomi Corporation in 2020.

what are the goals and objectives of Xiaomi Corporation in 2020.

In: Operations Management

Let's assume you just received a check out of nowhere that is enough to pay the...

Let's assume you just received a check out of nowhere that is enough to pay the downpayment and closing costs for a house. Assuming your career as a Financial Analyst for a bank earned $75,350 in 2010 and has increased at the rate of inflation.

All calculations must be done in Excel, input each number only once, in other words, use Excel functions and formulas and let Excel do the math.  

  1. Assuming an average inflation rate of 1.5%, what is the salary in 2020. Use the Excel FV function. You will get a negative number, ignore the sign, the explanation will be in a future chapter.
  2. What is the monthly gross income of your answer in 1 above? Remember to let Excel do your calculations.
  3. Lenders use the front-end ratio as one of the measures of determining your maximum monthly payment allowed for a mortgage. If this lender uses 25% as the front-end ratio, what is the your maximum monthly mortgage payment?
  4. Lenders also use the back-end ratio as the maximum monthly total debt allowed including your mortgage payment. If this lender uses 40% as the front-end ratio and you have $500 as debt repayment, what is left for a mortgage payment?   (hint: maxdebt=(monthly income * .40) - existing debt repayment)
  5. You are required to use the smaller of the two, what is the maximum payment you will be allowed to purchase a house?
  6. Your banker tells you the maximum sales price you can afford is 400,000 with 20% down payment at a 3.2% annual rate (approx 0.27% monthly) with monthly payments over 30 years (360 payments).
    1. How much is your downpayment?
    2. What is the balance which is your loan amount?
    3. Use the PMT function in Excel to calculate your monthly payments. Hint: use the PMT function in Excel.

Only need answers to 5 and 6.

In: Finance

Thomas Company had the following information related to September 2020: 1) Depreciation on the store equipment...

Thomas Company had the following information related to September 2020:

1) Depreciation on the store equipment was $60,000 for the month.

2) Sales of merchandise inventory for the month of September were $1,800,000, of which $1,200,000 was paid in cash and the remaining amount sold on credit. The cost of the merchandise sold was $1,080,000.

3) The next payroll will be $144,000 and will be paid on October 12. This payroll will cover wages earned during the last week of September and the first week of October.

4) The utility bill of $72,000 for the month of September was both received and paid in early October.

5) Thomas sold a company car for a gain of $12,000 on September 22.

6) On September 3, Thomas paid $6,000 for August’s telephone bill.

7) On October 1, Thomas received the September telephone bill, which totaled $12,000. The bill will be paid in mid-October.

8) Wages paid in cash to employees during the month totaled $288,000. This amount included $60,000 paid for work done in the month of August. This amount is separate from item (3) above.

9) The company had a $120,000 note payable related to cash that was borrowed on March 1, 2010; both the interest and principal related to the note are to be paid on February 29, 2021. The interest rate on the note is 6%.

10) On September 1, Thomas paid a total of $72,000 cash for three months’ rent covering the period of September through November.

11) The company recorded its income tax liability for the month of September. Assume Thomas Company’s tax rate is 30%

Based on the information above, answer the following questions. Round all answers to the nearest dollar.

What was revenue for the month?

What was wages expense for the month?

How much was interest expense for the month?

What was operating income for the month?

What was net income for the month?

In: Accounting

WACC The following table gives Foust Company's earnings per share for the last 10 years. The...

WACC

The following table gives Foust Company's earnings per share for the last 10 years. The common stock, 7.5 million shares outstanding, is now (1/1/17) selling for $61 per share. The expected dividend at the end of the current year (12/31/17) is 55% of the 2016 EPS. Because investors expect past trends to continue, g may be based on the historical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data.)

Year EPS Year EPS

2007 $3.90 2012 $5.73

2008 4.21 2013 6.19

2009 4.55 2014 6.68

2010 4.91 2015 7.22

2011 5.31 2016 7.80

The current interest rate on new debt is 8%; Foust's marginal tax rate is 40%; and its target capital structure is 40% debt and 60% equity.

Calculate Foust's after-tax cost of debt. Round your answer to two decimal places.

%

Calculate Foust's cost of common equity. Calculate the cost of equity as rs = D1/P0 + g. Round your answer to two decimal places. Do not round your intermediate calculations.

%

Find Foust's WACC. Round your answer to two decimal places. Do not round your intermediate calculations.

%

In: Finance

Article from that website address (copy the address and open it for read), and finish those...

Article from that website address (copy the address and open it for read), and finish those questions after read article. Thanks

The Hidden Cost of Vanilla

Use the article at https://www.danwatch.dk/en/undersogelse/thehiddencostofvanilla/ to answer the following questions.

1. According to the United Nations Development Programme (UNDP) what is the standard of living in Madagascar (what does the majority of the population live on per day?)

2. Who are the parties involved in producing and distributing vanilla from Madagascar?

3. Who has the most control over price? Why?

4. Why do farmers have no influence on pricing?

5. What type of market structure are vanilla farmers operating in? List some of the characteristics of this type of market structure.

6. What was the international price of vanilla in 2003-2004? In 2008-2010? In 2016?

7. Why does the price of vanilla fluctuate so much?

8. Why are children employed in vanilla farming, even though it is illegal for children under the age of 15 to work?

9. What are the “vanilla flower contracts” referred to in the article?

10. Why is the rampant theft of vanilla not addressed?

11. What steps are being taken to change the lives of vanilla farmers?

12. What else would you suggest to improve the situation?

In: Economics