Finance

Aniyah earned $25,000 as an early childhood teacher in the Lindbergh School District. She was ...

Aniyah earned $25,000 as an early childhood teacher in the Lindbergh School District. She was ...

[html]Aniyah earned $25,000 as an early childhood teacher in the Lindbergh School District. She was promoted to a sixth grade teaching position that included an 80% raise. What will she earn as a new sixth grade teacher?

▸ $45,000.

▸

BigFella9503   12   1 Reply

dhk72

Liam has days of vacation per year at Walmart. To date Liam has taken days in January, days in ...

Liam has days of vacation per year at Walmart. To date Liam has taken days in January, days in ...

[html]Liam has

anhtuan   12   1 Reply

RobnHood

A reconciled balance is found on the front side of a bank statement.

A reconciled balance is found on the front side of a bank statement.

A reconciled balance is found on the front side of a bank statement.

▸ true

▸ false

conrad136   12   1 Reply

sharonfaith31

Permanent protection is provided by term insurance.

Permanent protection is provided by term insurance.

Permanent protection is provided by term insurance.

▸ true

▸ false

shahabkhon   12   1 Reply

skysdalmts

The short rate cancellation table is used if the insured cancels the policy.

The short rate cancellation table is used if the insured cancels the policy.

The short rate cancellation table is used if the insured cancels the policy.

▸ true

▸ false

merrisara   12   1 Reply

slmseuf1105

Amortization is not a payment process.

Amortization is not a payment process.

Amortization is not a payment process.

▸ true

▸ false

tmason   12   1 Reply

nikki24303

Markdowns may be caused by:

Markdowns may be caused by:

Markdowns may be caused by:

▸ Lack of seasonal changes

▸ Lack of special promotions

▸ Style changes

▸ Decreased competition

▸ None of these

dex0388   12   1 Reply

angelofavarice

Complete:20232022Decrease Amount% Decrease (to nearest hundredth)Cash$ 12,000$ 16,000AB

Complete:20232022Decrease Amount% Decrease (to nearest hundredth)Cash$ 12,000$ 16,000AB

[html]Complete:

ssi15   12   1 Reply

manuella14

Inventory turnover at retail is equal to net sales divided by:

Inventory turnover at retail is equal to net sales divided by:

[html]Inventory turnover at retail is equal to net sales divided by:

▸ Beginning inventory at retail

▸ Average inventory at retail

▸ Beginning inventory at cost

▸ Average inventory at cost

▸ None of the answ

inkster   12   1 Reply

julie5

Inventory value means the flow of costs does not always match the flow of goods.

Inventory value means the flow of costs does not always match the flow of goods.

Inventory value means the flow of costs does not always match the flow of goods.

▸ true

▸ false

trixr4kids   12   1 Reply

apontea13

LIFO stands for First In First Out.

LIFO stands for First In First Out.

LIFO stands for “First In First Out”.

▸ true

▸ false

make7upurs   12   1 Reply

GlitterBug11

Lines of credit provide companies with additional financing that is immediately available to them.

Lines of credit provide companies with additional financing that is immediately available to them.

Lines of credit provide companies with additional financing that is immediately available to them.

▸ true

▸ false

drwalkinboner   12   1 Reply

Bronos

Mindy bought a home for $249,500 with a down payment of $30,000. Her rate of interest is 6.5% for 35 ...

Mindy bought a home for $249,500 with a down payment of $30,000. Her rate of interest is 6.5% for 35 ...

[html]Mindy bought a home for $249,500 with a down payment of $30,000. Her rate of interest is 6.5% for 35 years. Calculate her monthly payment.Note: Round your answer to the

vanessavz   12   1 Reply

nilabmirzada

A variable rate mortgage means:

A variable rate mortgage means:

[html]A variable rate mortgage means:

▸ The interest rate is not fixed.

▸ The interest rate is fixed for five years.

▸ The rate is not subject to change.

▸ Larger monthly payments than a fixed rate.

▸ None o

Katseye   12   1 Reply

jewelzzP

Don Williams wants to buy a boat five years from today. He will need $40,000. Calculate how much he ...

Don Williams wants to buy a boat five years from today. He will need $40,000. Calculate how much he ...

[html]Don Williams wants to buy a boat five years from today. He will need $40,000. Calculate how much he needs today to put in the bank (10% compounded semiannually) to reach his goal in the future.

apple321   12   1 Reply

mbiij16

$185,000 for 20 years compounded at 10% semiannually results in a rate per period of:

$185,000 for 20 years compounded at 10% semiannually results in a rate per period of:

$185,000 for 20 years compounded at 10% semiannually results in a rate per period of:

▸ 3%

▸ 8%

▸ 2%

▸ 5%

▸ None of these

SHABBA027   12   1 Reply

nnenne

At the beginning of each year, Bill Ross invests $1,400 semiannually at 8% for nine years. The cash ...

At the beginning of each year, Bill Ross invests $1,400 semiannually at 8% for nine years. The cash ...

[html]At the beginning of each year, Bill Ross invests $1,400 semiannually at 8% for nine years. The cash value of the annuity due at the end of the ninth year is

▸ $18,881.19

▸ $37,399.68

▸ $35,903.58

▸ $37,339.72

arunasingh5   12   1 Reply

birdnugget

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the ...

How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the ...

[html]How much would Howard Steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a rate of 8% compounded annually?

▸ $117,817.77

▸ $454,144.00

▸ $112,817.20

▸ $549,14

jonaschem16   12   1 Reply

cryzazn

Cota bought 600 shares of ATL stock at $32 per share. Assume a commission of 5% of the purchase ...

Cota bought 600 shares of ATL stock at $32 per share. Assume a commission of 5% of the purchase ...

Cota bought 600 shares of ATL stock at $32 per share. Assume a commission of 5% of the purchase price. What is the total cost to Cota?

nursecupcake   12   1 Reply

sandra15

The present value is always ________ the future value if the opportunity cost is ________ zero.

The present value is always ________ the future value if the opportunity cost is ________ zero.

The present value is always ________ the future value if the opportunity cost is ________ zero.

▸ greater than; less than

▸ less than; greater than

▸ equal to; equal to

▸ All of the above are true.

westleafs   12   1 Reply

babolat00

In 30 years, you plan to set up a fellowship fund for your university that pays out $100,000 each ...

In 30 years, you plan to set up a fellowship fund for your university that pays out $100,000 each ...

[html]In 30 years, you plan to set up a fellowship fund for your university that pays out $100,000 each year in perpetuity with an annually compounded discount rate of 5%. In order to set up the fund in 30 years, how much do you need to save each yea

killerbear900   12   1 Reply

eminemluvr87

Which of the following statements is FALSE?

Which of the following statements is FALSE?

[html]Which of the following statements is FALSE?

▸ With taxes and bankruptcy costs, the value of the firm is independent of its debt-equity ratio.

▸ With taxes and bankruptcy costs, the value of the firm reaches a maximum and then declines as the

mars03   12   1 Reply

gsh2571

Which of the following questions are related to capital structure of a firm?

Which of the following questions are related to capital structure of a firm?

[html]Which of the following questions are related to capital structure of a firm?

▸ How risky is the firm's underlying business?

▸ Can the firm issue debt? Or what type of assets does the firm have?

▸ Is the firm profitable?

▸ All of the above[/

cheesyboots   12   1 Reply

darlena

Saguenay Resort Inc. and Gaspsie Spa Inc. both have 100,000 shares outstanding and both shares ...

Saguenay Resort Inc. and Gaspsie Spa Inc. both have 100,000 shares outstanding and both shares ...

[html]Saguenay Resort Inc. and Gaspésie Spa Inc. both have 100,000 shares outstanding and both shares currently trade at $10 per share. Saguenay Resort Inc. pays a dividend of $1 per share while Gaspésie Spa Inc. distributes a 10% stock dividend. Aft

smithc52   12   1 Reply

sillysquirrel

The cash conversion cycle allows firms to calculate

The cash conversion cycle allows firms to calculate

[html]The cash conversion cycle allows firms to calculate

▸ how much working capital is needed to finance day-to-day operations.

▸ the number of days before a firm is facing bankruptcy.

▸ the number of days it takes to recover its cash.

▸ Both A

aznhermit101   12   1 Reply

chanelstar27

The economic order quantity (EOQ) model of inventory management determines the optimal inventory ...

The economic order quantity (EOQ) model of inventory management determines the optimal inventory ...

The economic order quantity (EOQ) model of inventory management determines the optimal inventory level that

▸ minimizes shortage costs.

▸ minimizes carrying costs.

▸ A and B

▸ None of the above describes the EOQ model.

ssi15   12   1 Reply

stanka82

Can trade credit be labelled as a financing strategy? Provide an example of a firm that uses this ...

Can trade credit be labelled as a financing strategy? Provide an example of a firm that uses this ...

Can trade credit be labelled as a financing strategy? Provide an example of a firm that uses this strategy in their business model.

mrtrombley92   12   1 Reply

hamusa4

Wheat is selling at a spot rate $25 per tonne. Storage costs are $2 for the year, and financing ...

Wheat is selling at a spot rate $25 per tonne. Storage costs are $2 for the year, and financing ...

Wheat is selling at a spot rate $25 per tonne. Storage costs are $2 for the year, and financing costs are 5% per year. What is the forward price for a one-year forward contract for wheat?

▸ $26.25

▸ $25.13

▸ $28.25

▸ $25.00

tkd_fighter   12   1 Reply

Chintan13

An option can beI.in the money.II.out of the money.III.at the money.IV.shallow.

An option can beI.in the money.II.out of the money.III.at the money.IV.shallow.

[html]An option can be
I.in

onlineerica   12   1 Reply

alexisgardner09

Use the following statements to answer the following question:I.A call option provides insurance ...

Use the following statements to answer the following question:I.A call option provides insurance ...

[html]Use the following statements to answer the following question:
I.

jdot   12   1 Reply

coconut122

Which of the following investors would be happy to see a stock price sharply increase?

Which of the following investors would be happy to see a stock price sharply increase?

[html]Which of the following investors would be happy to see a stock price sharply increase?

▸ an investor who bought a put option

▸ an investor who has sold a call option

▸ an investor who bought a call option

▸ an investor who bought the stock

vanessavz   12   1 Reply

jwmaro

La Poutine Cheese Products Inc. is considering a project that requires an initial cash outlay of ...

La Poutine Cheese Products Inc. is considering a project that requires an initial cash outlay of ...

[html]La Poutine Cheese Products Inc. is considering a project that requires an initial cash outlay of $290,000, made up of $235,000 for the purchase of new equipment, $13,000 for the installation costs, and $42,000 for additional inventory. In addit

Trey4sho   12   1 Reply

choroni64

The following information was reported last year:BeginningEndingAccounts ...

The following information was reported last year:BeginningEndingAccounts ...

[html]The following information was reported last year:

OlKu   12   1 Reply

bizmailova

The following information was reported last year:BeginningEndingAccounts ...

The following information was reported last year:BeginningEndingAccounts ...

[html]The following information was reported last year:

tsk   12   1 Reply

annalass

Monteregie Auto Services is considering an opportunity to invest $550,000 in a capital asset that ...

Monteregie Auto Services is considering an opportunity to invest $550,000 in a capital asset that ...

[html]Monteregie Auto Services is considering an opportunity to invest $550,000 in a capital asset that will generate additional after-tax operating income of $200,000 per year. The asset has a six-year life, a CCA rate of 20%, and an expected salvag

alidinak   12   1 Reply

egidrarc

Canadian Donuts is looking at a new investment opportunity, which will require the purchase of a ...

Canadian Donuts is looking at a new investment opportunity, which will require the purchase of a ...

[html]Canadian Donuts is looking at a new investment opportunity, which will require the purchase of a capital asset of $1 million and additional raw materials inventory of $50,000. The project is expected to generate operating revenue of $750,000 pe

drdoombot   12   1 Reply

dmahr

Scenario analysis is a tool

Scenario analysis is a tool

[html]Scenario analysis is a tool

▸ to test the effect of changing several estimates on the NPV of the project.

▸ to test the effect of changing one estimate on the NPV of the project.

▸ to assess taking a project this fiscal year or waiting for a

capella234   12   1 Reply

k9kulprit

Which of the following is NOT a true statement?

Which of the following is NOT a true statement?

[html]Which of the following is NOT a true statement?

▸ Actual cash flows should be discounted with nominal discount rates.

▸ Inflation always affects future levels of sales and expenses equally.

▸ Inflation

vlademirsimon   12   1 Reply

ladwer

A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the ...

A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the ...

[html]A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the next two years. The nominal discount rate has been estimated to be 10% per year. Expected inflation is 4% over the next two years. What is the N

manonvsb   12   1 Reply

crazyali16

A project will cost $150,000 to initiate and will generate nominal cash flows of $80,000 in each of ...

A project will cost $150,000 to initiate and will generate nominal cash flows of $80,000 in each of ...

[html]A project will cost $150,000 to initiate and will generate nominal cash flows of $80,000 in each of the next three years. The real discount rate has been estimated to be 10% per year. Expected inflation is 3% over the next three years. What is

seraphel   12   1 Reply

overlandtrail