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If i had exchanged £20,000 into rubles in January and converted back into pounds in November, paying 2.5% commission for each transaction, how much would I have in pounds, to the nearest penny?
January exchange rate (rubles per pound) = 44.3623
November exchange rate (rubles per pound) = 49.7023
Suppose you are a consultant to a company evaluating an expansion business. The cash-flow forecasts in millions of dollars for the project are:
A company's balance sheet shows current assets of $95, net fixed assets of $250, long-term debt of $40, and owners equity of $200. Determine the value of the firm's current liabilities if that the only remaining balance sheet item.
Your firm stock sells for $50 per share, its last dividend was $2, its growth rate is a constant 5%, and the company will incur a floating rate cost of 15%
Mary has decided to borrow $120,000. The terms of the loan are 6% over the next 4 years. Prepare a loan amortization schedule which shows the 4 payments of Mary's loan.
The net income of Simon and Hobbs, a department store, reduced sharply during 2000. Carol Simon, owner of the store, anticipates the required for a bank loan in 2001.
Hi-Tech Mortgage Corporation uses a process costing system to accumulate costs in its loan application section. When an application is completed it is forwarded to the loan department for final processing.
Computing the present value of this investment and what is the present value of this investment
In preparation for preparing the financial statements for Boonville Public Health Center, you need to review the financial reporting requirements for governmental and nonprofit organizations.
Calculation of NPV and Decision-making for the Acme Mining Company is considering digging a new copper mine
About 67% of the acquisitions of other companies result in losses to the acquiring firms stockholders. Since it is well documented that most acquisitions are financial failures, why do firms continue to purchase other firms?
At age 25 you spend $2,000 that earns 6 percent each year. At age 35 you invest $2,000 that earns 9 percent per year. In which case would you have more money at age 60?
Har Company sold 5,000 units for a prie of $50 per unit and had the following data, If the sales price per unit were to increase by 10%,
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