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In April 2010, the interest rate on 36 month used car loans was 5.74% suppose you have a contract to a buy a used car for $8000.
(A) if a bank will lend you $8000 at 5.74% simple rate of interest for 36 months, how much interest will be charged?
(B) what is the total amount of the loan?
(C) what is the monthly payment due?
Consider each of the following investments concerning shares of stock X: A trader believes that the price of stock X is about to increase substantially, and that the increase is not reflected in current market prices. Choose the investment(s) the tra..
Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 4,800 units that cost $12 each. During the month, the company made two purchases: 2,000 units at $13 each and 8,000 units at $13.50 each. Checker..
Martin’s Yachts has paid annual dividends of $1.40, $1.75, and $2.00 a share over the past three years, respectively. The company now predicts that it will maintain a constant dividend since its business has leveled off and sales are expected to rema..
What action may be taken to protect the public from the potential dangers of the skateboard?
Investors expect the market rate of return this year to be 12%. A stock with a beta of .9 has an expected rate of return of 10%. If the market return this year truns out to be 8%, what is the rate of return on the stock?
SDJ, Inc., has net working capital of $3,710, current liabilities of $5,500, and inventory of $4,440. What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Current ratio times What is..
Put a value on both the Target and JCPenney. Calculate some valuation ratios like Price/Book Value, Price/Earnings Per Share (make sure you use fully diluted share numbers), Price/EBITDA Per Share.
Billy and Mandy Jones have $24,000 to invest. On average, they do not make any investment that will not return at least 7.4% per year. They have been approached with an investment opportunity that requires $24,000 upfront and has a payout of $5,900 a..
Barney Corporation 2013 financial statements showed the following: sales -100000, cost of goods- 48500, other expences-15800, depreceiation expense-8000, interest expense - 12660, taxes - 5300, dividends - 12000, 2013new equity - 6000, net new long t..
The net effect of a stock repurchase is ________.
F.Q Loans Inc. offers "five for four, or I knock on your door." This means you get $4 today and repay $5 when you get your paycheck in 1 week (or else). What is the effective annual return F.Q earns on this lending business? If you were brave enough ..
the company has since decided to rent facilities elsewhere.
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