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These finance courses are new to me and I am not good at math. Can someone please help me solve these two problems by inputting this into my HP 10bII calculator. I just don't know how to solve problems using a financial calculator. Thanks in advance.
Question 1:Elegant designers have generated sales of $625,000 for the current year. If they can grow their sales at a rate of 12% every year, how long will they take to triple their sales?
Question 2:You plan to buy a new car. The price is $30,000 and you will make a down payment of $4,000. Your annual interest rate is 10% an you intend to pay for the car over five years. What will be your monthly payment?
Sony's stock price at the end of last year was $23.50 and its earnings per share for the year were $1.30. What was its PE ratio?
From last three years, the common stock of Makkeny Corporation sold for $63.29 on the NYSE. Today, the current share price for the firm is $38.61. The company paid no dividends over this period of time and Makkeny executed a two for one stock split 2..
Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data: D0 = $0.90; P0 = $27.50; and g = 7.00% (constant). Based on the DCF approach, what is the cost of common from retaine..
Discuss the use of each major financial statement in financial management. Explain the use of pro forma financial statements in financial planning and forecasting.
Suppose your Customer, General Television, produces televisions and during the current year acquired Micro Engineering, Inc., which manufactured flat panel plasma screens for computers so that it could compete in the market for flat panel televisions..
Tax rate was= 36.6%. Determine the amount of costs acquired by firm for last year?
Due to a number of lawsuits related to toxic wastes, major chemical producre has recently experienced a market revaluation. The company has a bond issue outstanding with fifteen years to maturity and a coupon rate of 8 percent,
Calculate Ferraro's compensation expense for 2012.
What is the value of SGP to Brau: free cash flows, tax shields, horizon values.
What was the firm's Economic Value Added (EVA), that is, how much value did management add to stockholders' wealth during 2012? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Round your answer to the nea..
Would Carter be better off if it issued floating-rate debt and engaged in the swap? Would Brence be better off if it issued floating-rate debt or if it issued fixed-rate debt and engaged in the swap?
Discuss how the current process used by rating agencies could be improved. Analyze the impact of interest rates on both short term and long term debt and how health care organizations could best leverage your analysis.
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