returns the present value of a series of cash flows. =FV(rate‚ nper‚ pmt‚ pv‚ type) returns the future value of a series of cash flows. =PMT(rate‚ nper‚ pv‚ fv‚ type) calculates the periodic payment for a loan based on constant payments and a constant interest rate. =NPER(rate‚ pmt‚ pv‚ fv‚ type) returns the number of periods for an investment based on periodic‚ constant payments and a constant interest rate. =NPV(rate‚ range) returns the net present value of an investment
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Sales CGS (60%) EBIT Interest EBT Tax (40%) NI c. d. $1‚250‚000 $ 500‚000 100‚000 $ 400‚000 $500‚000/(1 - 0.6) $100‚000 + $400‚000 (Given) $240‚000/(1 - 0.4) $ 240‚000 Liquid assets are those that can be sold quickly with little or no loss in value. A firm that has sufficient liquidity will be less likely to experience financial distress. Most income statements contain some noncash items‚ so these must be accounted for when calculating cash flows. More importantly‚ however‚ since GAAP is used
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order-processing department to be $180‚000. The company produces 50‚000 sweaters and 80‚000 jackets each year. Sweater production requires 25‚000 machine hours‚ jacket production requires 50‚000 machine hours. The company places raw materials orders 10 times per month‚ 2 times for raw materials for sweaters and the remainder for raw materials for jackets. How much of the order-processing overhead should be allocated to jackets? a. $90‚000 b. $120‚000 c. $110‚770 d. $144‚000 8. ABC Bread sells a
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Your test grade is 92 percent | The professor has configured this test to allow students to review: * Questions answered incorrectly. * Questions answered correctly. * Students answers. * Correct answers. Question 1 - Multiple Choice ID: 5129112 | Correct | | Question: The most commonly quoted interest rate for Eurodollar overnight lending is known as | | | | FIBOR | | LIBOR | | PIBOR | | None of the above | | | Question 2 - Multiple Choice ID:
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market and product. At given time EPS and Shareholders’ Equity plays a vital role. Company should increase its market share by same “low price and high volume” and expand its production for more efficiency. Maarten Leyden from Production should be leading the way for Pan-Europa. Answer 3: Part 1 of the question relates to Question 2 Various study techniques can be used for correction of different factors that affect project. The investment’s time value of money and unequal lifetime can be corrected
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today’s value is the present value of an infinite stream of cash flows (i.e.‚ dividend). • But dividends are not fixed. • Not knowing the amount of the dividends—or even if there will be future dividends— makes it difficult to determine the value of common stock. • So what are we to do? Valuation Models • Dividend Valuation Model (DVM): – Constant dividend: Let D be the constant DPS: The required rate of return (re) is the return shareholders demand to compensate them for the time value of money
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ACCT346 Final Exam Study Guide YOU MAY WANT TO PRINT THIS GUIDE. 1. The Final Exam is open book and open notes. The maximum time you can spend in the exam is 3 hours‚ 30 minutes. If you have not clicked the Submit for Grading button by then‚ you will be exited from the exam automatically. In the Final Exam environment‚ the Windows clipboard is disabled‚ so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the Save Answers button in the exam
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SCHOOL OF ECONOMICS‚ FINANCE & MARKETING CORPORATE FINANCE MID SEMESTER TEST FIRST SEMESTER 2008 – Part-time STUDENT DETAILS (Please Print Clearly) Family Name: ___________________________________________________________ First Name: _____________________________________________________________ Address: _______________________________________________________________ Tel. No: (BH) ___________________________________________________________ Student Number: _________________________________________________________
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Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. Date Taken: Time Spent: Points Received: 182 / 190 Question Type: # Of Questions: # Correct: Multiple Choice 6 5 Essay 6 N/A Grade Details - All Questions 1. Question : (TCO 1) The type of budget that is updated on a regular basis is known as a ________________ Student Answer: continuous budget. revised budget
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Bonus (tax free) | / | 20000 | 18000 | Average Tax rate | 26% | 31% | 29% | Discount rate | 6.5% | 6.5% | 6.5% | Based on the information above‚ we can find a timing that gong to the Business School is not a good deal because the net present value of future cash flows would be lower than that of staying at the current job. In addition‚ we assume Ben will retire at the end of 68 years old; and after T years‚ it will be worse for Ben to get MBA compared with continuing his current job. We will
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