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I want to continue explaining the advantages and disadvantages of consumer credit and to make sure to explain what leverage is and why it is important.
I have to explain the advantages and disadvantages of consumer credit. I also have to make sure you explain what leverage is and why it is important.
So far, I am starting with the definition of consumer credit as: "the credit purchase for personal needs (not included is the home mortgage)". My second definition I want to include ia that of leverages as: "the use of borrowed funds to increase your purchasing power". What would I include next to emphasize this to my friend who understands nothing about personal finances and budgeting?
Based on information given above, compute the cost of borrowing by using debt for present company.
Computation of yield on bond with given data and what is the yield on a 7-year bond for Drongo Corporation
Assume that $ 750 is invested at 7%interested, compounded semiannually. Given that A=(1+r/n)^nt-Find out the amount of money in the at t=1,6,10,15 and 25 years
Linda Anderson earned a 10 percent interest in the capital of Doty Associates, a partnership, for services rendered. Doty's net assets at July 1 had a basis of $70,000 and a fair market value of $100,000.
Castro Company, a newly formed company, issued 10,000 shares of its $10 par common stock for $15 per share. On July 1, 2007, Castro Company reacquired 1,000 shares of its outstanding stock for $12 each share.
You plan to deposit $250 into the savings account for each of five years, beginning 1 year from now. Interest rate is 9% compounded annually. Find out the future value in each of the following cases.
Which one of the following will correctly give you the book value of this equipment at the end of year 2
Corporation x's stock trades at $90 a share. the company is contemplating a 3 for 2 stock split. Suppose that the stock split will have no effect on the market value of its equity.
The factoring department of Inter American Bank is processing 100,000 invoices each year with an average invoice price of $1,500. IAB buys the account receivables at 3.5% off the invoice value.
Calculation of Net present value of a machine with salvage value and what is the net cost of the machine for capital budgeting purposes
Illustrate how book value each share, earning each share also dividends each share change over years.
You have just received a windfall from an investment you made in a friend's business. What is the present value of your windfall? What is the future value of your windfall in three years (on the date of the last payment)?
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