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Given that there are 4,000,000 shares outstanding in Miller Corp how many shares will be required for a minority group of stockholders to elect 2 of 9 members on the board of directors?
Assume that you contribute $240 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $480 per month for another 25 years.
Graser Trucking has $20 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio
Due to a recession, expected inflation this year is only 3.5%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 3.5%.
The remainder was paid within the 30-day term. At the end of the annual accounting period, December 31, 2010, 90% of the merchandise had been sold and 10% remained in inventory. The company uses a periodic system.
Using the method of equated time, a payment of 100 at time t = 1 plus a payment of X at time t = 10 is equivalent to a payment of 100 + X at time t = 4. The above two payments of 100 and X are equivalent to a payment of 100 + X at time t
On the basis of the raw facts and figures such as the standard price of material specified is 40 $ and its standard quantity of the specified material which is to be per unit of product is 80 kg
Pujols Lumber Yard has a current accounts receivable balance of $441,516. Credit sales for the year just ended were $7,058,320. What is the receivables turnover
Southwestern Mutual Life's actuarial tables indicate that Mr. Lohman has a current life expectancy of 40 years. Assuming that prices are expected to increase steadily at 4.0 percent per year over the next 40 years
Analysts project that the merger will result in incremental free flows and interest tax savings with a present value of $72.52 million, and they have determined that the appropriate discount rate for valuing Eastern Co. as a sta..
You are considering an investment in one of three projects A B or C (mutually exclusive) with the following projected cashflows Years Project A Project B Project C
Dick and Jane (and their dog Spot) have just purchased a house and are calculating how much money they will need when the closing day rolls around. The purchase price is $150,000.
If average daily remittances are $6 million, and "extended disbursement float" adds 2 days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 7% on excess funds.
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