Castor, Inc., is preparing its master budget for the quarter ended June 30. Budgeted sales and cash payments for merchandise for the next three months follow:

Sales are 75% cash and 25% on credit. All credit sales are collected in the month following the sale. The March 31 balance sheet includes balances of $13,200 in cash, $13,200 in accounts receivable, $12,200 in accounts payable, and a $3,200 balance in loans payable. A minimum cash balance of $13,200 is required. Loans are obtained at the end of any month when a cash shortage occurs. Interest is 1% per month based on the beginning-of-the-month loan balance and is paid at each month-end. If an excess balance of cash exists, loans are repaid at the end of the month. Operating expenses are paid in the month incurred and include sales commissions (10% of sales), shipping (3% of sales), office salaries ($6,200 per month), and rent ($4,200 per month).

Prepare a cash budget for each of the months of April, May, and June. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.)

1. American Express Co. (AXP) pays a dividend of $1.16 a share each quarter. If you choose not to invest in American Express, you could also get a risk free interest rate of 4%. How much is a share of AXP stock worth if the dividend were expected to grow at 2% annually? What assumptions were needed to do this problem?
2. Suppose we think the spot price of bananas will be $954/metric ton in 3 months. Bananas are selling for $922 in the futures market. How can use this futures contract to speculate?
3. Assume you have a put option on a common stock from Nike, Inc. (NKE). NKE currently trades at $65. The put option has a strike price of $62 and the premium is $4.45. What are the intrinsic value and the time value of the option? What factors play a role in determining each?

You buy 100 shares of Apple common stock at a price of $60.98. One quarter later, you collect a dividend of $1.73 per share and sell your stock for $67.44 per share. What is the rate of return on your investment? (You may ignore commissions and taxes.)

Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places. Do not type the % symbol. If the return is negative, then include a minus sign.

According to the Normal model N(0.061,0.028​) describing mutual fund returns in the 1st quarter of​ 2013, determine what percentage of this group of funds you would expect to have the following returns. Complete parts​ (a) through​ (d) below.

​a) The expected percentage of returns that are over​ 6.8% is _____%.

​(Type an integer or a decimal rounded to one decimal place as​ needed.)

​b) The expected percentage of returns that are between​ 0% and​ 7.6% is ______%.

​(Type an integer or a decimal rounded to one decimal place as​ needed.)

​c) The expected percentage of returns that are more than​ 1% is _____%.

​(Type an integer or a decimal rounded to one decimal place as​ needed.)

​d) The expected percentage of returns that are less than​ 0% is ______%.

​(Type an integer or a decimal rounded to one decimal place as​ needed.)

Castor, Inc., is preparing its master budget for the quarter ended June 30. Budgeted sales and cash payments for merchandise for the next three months follow:

Sales are 75% cash and 25% on credit. All credit sales are collected in the month following the sale. The March 31 balance sheet includes balances of $13,200 in cash, $13,200 in accounts receivable, $11,000 in accounts payable, and a $3,200 balance in loans payable. A minimum cash balance of $13,200 is required. Loans are obtained at the end of any month when a cash shortage occurs. Interest is 1% per month based on the beginning of the month loan balance and is paid at each month-end. If an excess balance of cash exists, loans are repaid at the end of the month. Operating expenses are paid in the month incurred and include sales commissions (10% of sales), shipping (3% of sales), office salaries ($4,200 per month), and rent ($6,200 per month).

Prepare a cash budget for each of the months of April, May, and June. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your final answers to the nearest whole dollar.)

Quarter 8 is the final course prior to taking your NCLEX license exam to legally practice the profession of nursing. As a nursing student you have been exposed to theory, clinical experiences, simulations, and skills. To prepare for licensing, what strategies will you employ to ensure a successful NCLEX outcome? Describe 3-4 strategies you will utilize to promote your success.

How would you interpret the below financials?

How would you interpret the below financial statements?

How would you interpret the below financials?

A nine month old baby boy who swallowed quarter and got sent to the emergency department two days later. The parent did not noticed that the baby swallowed a coin until the baby started showing symptoms of vomiting and trying to cough something out his throat. The parent also reported that the baby was not been eating good but continues to disregard that there might be something wrong. The incident happened Sunday, the baby got sent to the hospital Tuesday.

All information provided must be properly cited. Do not copy and paste your answers.