Calculate brandon cashflow

Assignment Help Finance Basics
Reference no: EM133121744

Brandon provided you the following details regarding his financial situation: he works part time and averages a net pay of $1,000 bi-weekly (after tax), his monthly rent is $1,500, car lease and auto insurance is $435 per month, he spends about $2,400 per year on groceries, $100 per month on clothing and personal care products and his cell phone bill averages $65 per month. Brandon pays $250/mo on his student loan, and he has a credit card with a $5,000 limit. Brandon's father passed away two years ago; he receives a survivor's pension of $500/mo from the estate. Calculate Brandon's cashflow.

Reference no: EM133121744

Questions Cloud

Calculate the amount of fixed overhead volume variance : The firm estimates that it will operate its manufacturing facilities at 670,000 machine hours for the year. Calculate amount of fixed overhead volume variance
How much would it be willing to lend the business owner : A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $1,500 per month for the next three years and then $500
Destroying acme shareholder wealth : (a) What is the maximum price (in cash) per share that Acme can offer to Value Co's shareholders before destroying Acme's shareholder wealth? Answer based only
Calculate net income under fifo and lifo : Assume that net Income using the weighted-average cost flow assumption is $80,000. Calculate net income under FIFO and LIFO
Calculate brandon cashflow : Brandon provided you the following details regarding his financial situation: he works part time and averages a net pay of $1,000 bi-weekly (after tax), his mon
Discuss a recent investment : Your new client meets with you to discuss a recent investment. She bought a five-year $10,000 guaranteed investment certificate (GIC) that pays an annual rate o
What return would likely occur on facebook meta : If the market portfolio unexpectedly goes down 20% (i.e., there is a -20% return on the aggregate market of stocks and other securities in existence), what retu
What exchange rate will you break-even : The current spot exchange rate is $1.25 = €1.00 and the three-month forward rate is $1.30 = €1.00. Consider a three-month American call option on €62,500 with a
Calculate the weekly-monthly operating costs of payroll : Calculate the weekly/monthly operating costs of payroll, rent, and utilities for Crimson Espresso during these limited operating hours. Also calculate daily gro

Reviews

Write a Review

Finance Basics Questions & Answers

  Assuming equal yearly cash flows what are the expected

using the payback and rate of return methods to make capital investment decisionssuppose smith valley is deciding

  Nominal annual percentage cost of its non-free trade credit

What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?

  Attraction of foreign investments to australian investors

Explain how low Australian interest rates can affect the tendency of Australia-based MNCs to invest abroad and In general terms, what is the attraction

  The taylor corporation is using a machine that originally

the taylor corporation is using a machine that originally cost 88000. the machine is being depreciated by the

  Summarizes the initial cost and revenue potential

A company has $1, 00,000 to invest in new R&D projects. The company wants to determine what set of projects should be selected.  The following table summarizes the initial cost and revenue potential for each of the projects.

  Profitability index for project

The project is estimated to generate 2,640,000 in annual sales, with costs of 1,056,000. The tax rate is 30 % and the required return for the project is 15%. What is NPV, IRR, Payback, and Profitability Index for project ?

  Find the bond investment value of issue

Find the bond investment value of this? issue, given that comparable nonconvertible bonds are currently selling to yield 9.26?%.

  Describe the issue of recording time

- Why is it so important for auditors to maintain high ethical standards?

  How can the confounding effects of experience be incorporate

Is the brokerage dataset described in this chapter representative of average U.S. investors? Explain why or why not?

  Problem regarding the confidence intervals

A survey of customers at a local supermarket asks whether they found shopping at this market more pleasing than at a nearby store. Of the 2,500 forms

  Computation of yield to maturity and current market price

Computation of yield to maturity and current market price of the bonds and what is the difference in current market prices of the two bonds

  What types of mutual funds

What types of mutual funds might be considered by the Brocks for their investment portfolio?

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