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McKinnon Inc. reports in its 2013 annual report, sales of $2,045 million and cost of goods sold of $818 million. For next year, you project that sales will grow by 5% and that cost of goods sold percentage will be 2 percentage points higher.
Projected cost of goods sold for 2014 will be:
Select one:
A. $834 million
B. $902 million
C. $859 million
D. $861 million
E. There is not enough information to determine the amount.
Suppose the spot exchange rate for the Hungarian florin is HUF 238. Interest rates in the United States are 4.1 percent per year. They are 3.6 percent in Hungary. What do you predict the exchange rate will be in three years?
on january 31 hale companys payroll register showed that its employers earned 30320 of office salaries and 82750 of
Firm x has 15 million of sales, two million of inventories, three million of recievables, and 1 million of payables. its cost of goods sold is 80% of sales,
1.Describe the difference between absolute and relative valuation. 2. Describe the basic characteristics of alternative investments 3. If the coupon rate on XYZ is 6%, annual yield to maturity is 10%, is the bond trading at par, premium or discoun..
the shareholders of the pickwick paper company need to elect five directors. there are 200000 shares outstanding. how
The derivatives market is complex because derivative buying and selling includes many things like financial contracts.
1.Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon..
Procter Micro-Computers, Corporation, requires $1,200,000 in financing over the next two years. The company can borrow the funds for two years at 9.5% interest per year.
a firm borrows 500000 from a bank. interest is charged on the loan at a rate of 12 per annum compounded quarterly.a
questioninvestigate and back up your decision on the question of whether or not it would be more ethical to invest the
distinguish between competitive bidding and non-competitive bidding for treasury
Set up the proforma money related proclamations for the year 2008 utilizing the exceed expectations model given as a part of the content.
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