you invest 2500 in your child's college fund at the end of each year for the next 12 years. at that time your kid will withdraw equal amounts at the end of the next four years. what is the annual withdrawal amount if the appropriate interest rate is 8%?

Find the amount applied to principle for the third month of a​ 4-year loan of ​$11,600 which charges 4.5 percent compounded monthly with monthly payments.

The amount applied to principle for the third month is

$

​(Round to the nearest​ cent.)

Assume a corporation is expecting the following cash flows in the future: $-8 million in year 1, $11 million in year 2, $18 million in year 3. After year 3, the cash flows are expected to grow at a rate of 6% forever. The discount rate is 14%, the firm has debt totaling $42 million, and 9 million shares outstanding. What should be the price per share for this company?

Enter your answer in dollars, rounded to the nearest cent.

Garden Depot is a retailer that is preparing its budget for the upcoming fiscal year. Management has prepared the following summary of its budgeted cash flows:

The company’s beginning cash balance for the upcoming fiscal year will be $47,000. The company requires a minimum cash balance of $10,000 and may borrow any amount needed from a local bank at a quarterly interest rate of 3%. The company may borrow any amount at the beginning of any quarter and may repay its loans, or any part of its loans, at the end of any quarter. Interest payments are due on any principal at the time it is repaid. For simplicity, assume that interest is not compounded.

complete the company's cash budget for the upcoming fiscal year. (Cash deficiency, repayments, and interest, should be indicated by a minus sign.)

The ground temperature a few meters below the surface is fairly constant throughout the year, and is near the average value of the air temperature. In areas in which the air temperature drops very low in the winter, the exterior unit of a heat pump designed for heating is sometimes buried underground in order to use the earth as a thermal reservoir. Why is it worthwhile to bury the heat exchanger, even if the underground unit costs more to purchase and install than one above ground?

Pearl Corp. is expected to have an EBIT of $2,100,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $160,000, $90,000, and $130,000, respectively. All are expected to grow at 17 percent per year for four years. The company currently has $11,000,000 in debt and 900,000 shares outstanding. After Year 5, the adjusted cash flow from assets is expected to grow at 3.5 percent indefinitely. The company’s WACC is 8.6 percent and the tax rate is 23 percent.

What is the price per share of the company's stock? (round answer to 2 decimal places)

Michele is single with no dependents and earns $23,000 this year. Michele claims sixteen allowances on her Form W-4. Which of the following is correct concerning her Form W-4?

a.Michele may not under any circumstances claim sixteen allowances. b.Michele's employer will require her to verify her right to claim sixteen allowances. c.Michele's employer will submit a copy of her W-4 to the IRS if directed to do so by written notice. d.Michele's employer should ask her to prepare a corrected Form W-4. If Michele is unwilling to update her Form W-4, then her employer should disregard her Form W-4 and withhold at the single taxpayer rate with no allowances. e.None of these choices are correct.

The process for employee withholding involves:

a.the employee provides wage information and the employer completes Form W-4 and withholds based on employee instruction

b.the employee provides filing status and the employer completes the Form W-4 and submits to the IRS for proper withholding

c.the employee completes most of the Form W-4 and the employer submits the form to the IRS and awaits withholding instructions

d.the employee computes the number of allowances on Form W-4 and the employer uses the W-4 information to calculate income tax withholding

PROMPT:  The article indicates that in the year 2016 the number of households earning less than the Federal Poverty Line ($24, 300 for a family of four or $11,880 for a single adult) represented 10.5% of the population of New Jersey, but that the number of households earning more than the Federal Poverty Line but not enough to afford basic necessities ($74,748 for a family of four or $26,640 for a single adult) represented 28.0% of the population of New Jersey. The households that have incomes above the Federal Poverty Line but are unable to afford basic necessities are called ALICE (Asset Limited, Income Constrained, Employed).

Comment on the disparity between the Federal Poverty Line and the ALICE level.

The households in the ALICE category have one or more adults working to earn an income. What role should the individual, government and other members of society play in addressing the shortfall between the household income and the amount needed to afford basic necessities?

Does the Household Survival Budget detailed in the report seem reasonable to you? Are there other categories of expense that should have been included?

The Fly-By-Night Corp. paid a dividend of $2.85 last year and the dividend is expected to grow at 5% per year for the foreseeable future. The company’s stock is currently selling for $38 per share. What are the expected dividend yield, capital gains yield, and total expected return for Fly-By-Night.

Todd Mountain Development Corporation is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 8% per year. The risk-free rate of return is 5%, and the expected return on the market portfolio is 17%. The stock of Todd Mountain Development Corporation has a beta of .75. Using the constant-growth DDM, the intrinsic value of the stock is_________.