P240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the interest rate compounded semi-annually, compute how much is in the fund at . Compute the Ending Balance of total asset. Calculate the debt ratio of a company that as an equity multiplier of 2.5. A company’s sales last year were $615,000 and its net income was $45,800. It has $465,000 in assets only by common equity. Determine the profit margin needed to achieve a 14.5% ROE.

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a To calculate the ending balance of the fund we can use the formula for the future value of an ordi... View the full answer