Annualize expenses for twelve-month period

Assignment Help Financial Management
Reference no: EM131360861

Telephone expense for nine months on Joe's departmental expense report amounts to $1,800. Joe must now annualize expenses for a twelve-month period. Joe's annualized twelve-month telephone expense would amount to $?

Reference no: EM131360861

Questions Cloud

What is the return on invested capital for current year : Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $800; Total assets = $5,000; Short-term investments = $500; Stockholders equity = $3,000; Debt = $2,000; and Total net oper..
What is the net present value project : Alpha Industries is considering a project with an initial cost of $7.4 million. The project will produce cash inflows of $1.54 million a year for seven years. The firm has a pretax cost of debt of 8.6% and cost of equity of 13.7 percent. The debt-equ..
What will the initial outlay for the project be : The Faraway Moving Company is involved in a major plant expansion that involves the expenditure of $177 million in the coming year. The firm plans on financing the expansion through the retention of $145 million in firm earnings and by borrowing the ..
During subscription period-what will market value of right : You work in the Finance Department for Flynn, Inc. Your firm needs to raise $8,250,000,000 ($8.25B) to finance new capital investments. Your boss is considering raising this capital using a rights offering. He has asked you to analyze the effect of s..
Annualize expenses for twelve-month period : Telephone expense for nine months on Joe's departmental expense report amounts to $1,800. Joe must now annualize expenses for a twelve-month period. Joe's annualized twelve-month telephone expense would amount to $?
Examples of purchasing power parity : Give insightful conclusions that are thoroughly defended with evidence and examples of purchasing power parity, possible types of arbitrage, and how a company will decide if the potential profits are worth the risks of going global in relation to Chi..
Steps to compute estimated ending drug inventory : For a pharmacy division, within the sequential steps to compute estimated ending drug inventory, what percent of net sales represents cost of goods (drugs) sold if net sales are $1,000,000 and dollar amount of cost of goods (drugs) sold is $700,000?
The pro rata portion of shares each of the winning bidders : Your firm pitched the issue to several large private equity clients. Fourteen sealed bids were submitted, and you have sorted them by bid price. Also, calculate the pro rata portion of shares each of the winning bidders will receive for the number of..
What is spencer economic value added : Spencer Inc. has the following information for the current year: Net income = $600; Net operating profit after taxes (NOPAT) = $800; Total assets = $5,000; Short-term investments = $500; Stockholders equity = $3,000; Debt = $2,000; and Total net oper..

Reviews

Write a Review

Financial Management Questions & Answers

  Total cost is used to determine the price

A company has $45 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 100,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price?

  Implication of efficiency market theory for financial policy

Explain the three different forms of the efficient markets hypothesis and discuss some of the implications of efficiency market theory for corporate financial policy.

  What annual interest rate must they earn to reach goal

Your parents will retire in 26 years. They currently have $280,000, and they think they will need $2,200,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?

  Recently issued bond with the characteristics

Duke Energy has recently issued a bond with the following characteristics: maturity: 20 years, coupon rate: 8% (paid semi-annually), face value: $1000. Your investment advisor has told you that the yield-to-maturity on this bond is 7.5%. What should ..

  Calculate the present value of the project

Southern California Publishing Company is trying to decide whether to revise its popular textbook, Financial Psychoanalysis Made Simple. The company has estimated that the revision will cost $75,000. Cash flows from increased sales will be $20,300 th..

  As general rule-the optimal capital structure

As general rule, the optimal capital structure

  Calculate the default risk premium on bonds

NikkiG’s Corporation’s 10-year bonds are currently yielding a return of 6.75 percent. The expected inflation premium is 1.15 percent annually and the real risk-free rate is expected to be 2.50 percent annually over the next ten years. Calculate the d..

  What price to sell them that product

If you are renewing a contract with a company where inflation is expected to occur, would you increase or decrease the products sold there? You expect payments with their currency. How would you determine when to get paid and at what price to sell th..

  What is the current stock price

A call option is currently selling for $6.40. It has a strike price of $55 and six months to maturity. A put option with the same strike price sells for $7.40. The risk-free rate is 5.3 percent, and the stock will pay a dividend of $2.70 in three mon..

  Zero-coupon bond-what is expected return of the bond

Mr. Weiss just bought a zero-coupon bond issued by Risky Corp. for $870, with $1000 face value and one year to mature. He believes that the market will be in expansion with probability 0.9 and in recession with probability 0.1. In the event of expans..

  Considering capital budgeting project

XYZ, Inc. is considering a capital budgeting project under three scenarios. If conditions are excellent, the NPV of the project is projected to be $3,000; under fair conditions, the NPV is projected at $950; and under unfavorable conditions, the NPV ..

  What arbitrage opportunities are open to the bank

The Eurodollar futures price for a contract maturing in 91 days is quoted as 89.5. What arbitrage opportunities are open to the bank?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd