low. The index closed at 6‚547.05‚ which was down 79.89 that day. What was the return (in percent) of the stock market that day? FV = PV × (1 + i) 6‚547.05 = (6‚547.05 + 79.89) × (1 + i) i = (6‚547.05 / 6‚626.94) - 1 = -1.21% LG4 8-3 Buying Stock with Commissions At your discount brokerage firm‚ it costs $8.95 per stock trade. How much money do you need to buy 200 shares of Pfizer‚ Inc. (PFE)‚ which trades at $27.22? ($27.22/share × 200 shares) + $8.95 = $5‚452.95 LG4 8-4
Premium Stock market
1. Select an organization of your choice and discuss the cash Management system in that organization. Give your Views or suggestions on the prevailing system of cash management in that organization and any suitable changes to be brought about‚ to improve the present system? Cash management is a set of strategies or techniques a company uses to collect‚ track and invest money. Although cash by definition refers only to paper or coin money‚ in cash management‚ companies usually also work with cash
Premium Dividend yield Mergers and acquisitions P/E ratio
answer these questions. 1. Cells derive energy from the oxidation of nutrients‚ such as glucose . 2. The oxidation of glucose to pyruvate occurs through a series of steps called glycolysis . 3. How many carbons are in a molecule of glucose? 6 carbon glucose 4. The energy related during these oxidation reactions is used to form adenosine triphosphate ( ATP )‚ the Energy currency of the cell. 5. Name
Premium Adenosine triphosphate Cellular respiration
the property. Question 3. 3. (TCO D) On January 1‚ 2010‚ Ellison Co. issued 8-year bonds with a face value of $1‚000‚000 and a stated interest rate of 6%‚ payable semiannually on June 30 and December 31. The bonds were sold to yield 8%. Table values are as follows: Present value of one for eight periods at 6% .627 Present value of one for eight periods at 8% .540 Present value of one for 16 periods at 3%
Premium Bond Interest
Chapter 3 Problem 3 Operating Activities: Net Income $5‚560 Depreciation $4‚268 Change in Working Capital $1‚397 Cash from Operating Activities $11‚225 Investing Activities: Increased in Fixed Assets ($6‚068) Cash from Investing Activities ($6‚068) Financing Activities: Decrease in Debt ($7‚655) Dividends Paid ($2‚900) New Stock Sold $4‚800 Cash from Financing Activities ($5‚755) Net Cash Flow ($598) Beginning Cash Flow $3‚245 Net Cash Flow ($598) Ending Cash $2‚647 Problem
Premium Generally Accepted Accounting Principles Revenue Balance sheet
lower than the one we received in our previous calculations. Nonetheless‚ it is still positive so the project is worth investing in. Computing NPV in Euros (resulting NPV in Euros is 92‚495‚ assuming that the project’s hurdle rate is 8%) Question 3 In the first set of calculations we got the NPV calculated in Mexican Pesos was slightly lower than that computed in Euros (138‚902 compared to 144‚663). This did not‚ however‚ have any effect on the decision whether to accept the project or not.
Premium Mexican peso United States dollar Net present value
into this iLab. (14 points) a. 3 input AND gate b. 6 input OR gate c. 2 input XOR gate d. 4 input NAND gate e. NOT gate f. 8 input NOR gate g. 2 input XNOR gate 2. Using QUARTUS II software‚ open a Block Diagram/Schematic file. Insert the logic gate symbol for the following Boolean expressions. Connect and label input and output pins. Paste the schematics into this iLab. (20 points) a. b. c. d. e. 3. Analyze the switch logic circuit in Figure
Premium
during the year. 1 Purchased the following assets and paid for them by cash: Furniture and Fittings $30 000 Equipment $ 45000 A motor van was purchased on account from Saunders Ltd for $40 000. 2 Purchased computer parts for $36 000 cash 3 Sold parts for $60 000 cash 4 Purchase goods on account from Android Enterprise $18 000; ABC Ltd $15 000 and Peter Smith
Premium Generally Accepted Accounting Principles Accounts receivable Invoice
Inventory 1. Specific identification method. Boston Galleries uses the specific identification method for inventory valuation. Inventory information for several oil paintings follows. Painting Cost 1/2 Beginning inventory Woods $21‚000 4/19 Purchase Sunset 21‚800 6/7 Purchase Earth 31‚200 12/16 Purchase Moon 4‚000 Woods and Moon were sold during the year for a total of $35‚000. Determine the firm’s a. Cost of goods sold.
Premium Depreciation Inventory Accounts receivable
statements and the persons using the statements. (3) A misstatement of account balances may exist and is generally corrected as the result of the independent auditor’s work. (4) Poorly designed internal controls may be in existence. b. An independent audit aids in the communication of economic data because the audit (1) confirms the accuracy of management’s financial representations. (2) lends credibility to the financial statements. (3) guarantees that financial data are fairly presented
Premium Auditing Audit Internal control