4*(1/x)=(5/2)*(1/x)+3 4/x=(5/2x)+3 (8/2x)=(5/2x)+3 (8/2x)-(5/2x)=3 (3/2x)=3 x=1/2 The answer would be x=1/2 3. John had $30‚000 to invest. He invested part of this money in bonds paying 12% annual simple interest and the rest of the money in a savings account giving 4% annual interest. At the end of the year‚ he received $2‚400 as extra income. How much money did John place in each investment? .4x+.12(30000-x)=2400 .04x+.12(30000)-.12x=2400 .04x+3600-.12x=2400 .12x-.04x+3600=2400 .08x+3600=2400
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www.jobsadda.in IBPS Common Written Exam PO / MT Test -I: Reasoning Ability Directions (Q. 1): Study the following information carefully and answer the given questions. 1. A school bus driver starts from the school‚ drives 2 km towards North‚ takes a left turn and drives for 5 km. He then takes a left turn and drives for 8 km before taking a left turn again and driving for further 5 km. The driver finally takes a left turn and drives 1 km before stopping. How far and towards which direction should
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thank my teachers and my family members. I would like to thank most of all‚ God‚ whom I could not have finished this project without. Aims and Objectives The Aims and Objectives of this project include the following: To prepare all of the accounts and statements for the business “Pastry Delights” To provide the business with carefully thought out and reliable suggestions in order to make the business thrive To show the business how well or how badly they do for the two periods Description
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Q. How Will You treat ‘ packing expenses on sales’ in final accounts? Ans. It is an indirect expense‚ therefore‚ it should be shown in the Profit & Loss Account. Adjustments at a Glance Sl No. Adjustments Adjustment Entries Treatment in Final Accounts 1. Closing Stock Closing Stock A/c Dr. To Trading A/c a. Credit side of Trading A/c. b. Show on the assets side of B/S 2. Outstanding or unpaid expenses Expenses A/c Dr. To Outstanding exp. a. Add to the
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UNIVERSITY OF ILLINOIS AT CHICAGO FINANCE 431 – MANAGEMENT IN THE FINANCIAL SERVICES INDUSTRY PRACTICE SET 1 – BANK CAPITAL PROJECTS AND LEASE FINANCING Note: Problems 1‚3‚5‚7 are from Chapter 4 in the textbook. 1. A group of businesspeople from Gwynne Island are considering filing an application with the state banking commission to charter a new bank. Due to a lack of current banking facilities within a 10-mile radius of the community‚ the organizing group estimates that the initial banking
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BANK ACCOUNT: A bank account is a financial account which tells you details or records of all the financial transactions that occurs between bank and the customer and also the financial state of the customer after that. There is a process of opening an account which is as follow: 1. The Type of Bank Account which you wish to open: There are following types of accounts like fixed deposit account‚ saving account and the current account. You choose any of them according to your need. 2.
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Survey of Various types of Bank Accounts‚ rate of interest offered Mr. Pinto (name changed on request) of Axis Bank Limited of Nerul Branch was very co-operative when I visited their branch and introduced myself as a 10th Std. student of Ryan International School‚ Nerul and inform my purpose of visit of carrying out a survey on various types of bank accounts available and commonly used in India. He offered me a place to sit and called for water and request to give him some time to complete his
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FIN-516 – WEEK 2 - HOMEWORK ASSIGNMENT PROBLEM BASED ON CHAPTER 15 – WACC AND THE HAMADA FORMULA Bickley Engineering Company has a capital structure of 30% Debt and 70% Equity. Its current Beta is 1.3‚ and its Market Risk Premium is 7.5% Points. The current Risk Free Rate is 3.5%. Bickley’s marginal tax rate is 40%. What is the Unlevered Beta of Bickley? Bickley’s management would like to change its capital structure to 15% Debt and 85% equity by retiring its bonds yielding 8%. The
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Financial Forecasting CheckPoint FIN/200 Axia College of University of Phoenix Write a 200- to 300-word explanation of the reasons the following types of companies would need a financial forecast: brand new company‚ family-owned company‚ and a long-standing corporation. The reason type of companies such as brand new companies‚ family-owned companies‚ and long-standing companies would need a financial forecast is to develop projected financial statements; a series of pro forma. The information
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Module Code: ED4009 Student Number: 1436603 Module Name: perspectives of childhood development Day of Class/Tutor Name Tuesday‚ Richard and Karen Date Due: 7/11/14 Date Submitted: 6/11/14 Assessment Word Count: 1500 Actual Word Count: 1692 Please reflect on your experience in carrying out this assignment/completing this module and let us know in the statements below: 1. In the process of doing this I learned to listen and appreciate other people’s situations and lifestyles. I also learnt
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