Question: PLEASE I NEED A HELP...... I sent it a long time ago and no one helped me it are small questions 1. You have just

PLEASE I NEED A HELP......

I sent it a long time ago and no one helped me it are small questions

1. You have just applied for a job contract at Kaplan Company. This company will pay you $75 at the end of the first year, $225 at the end of the second year, and $300 at the end of the fourth year. Currently you have a saving account in the bank that pays you a rate of 8% compounded annually. What is the future value of such contract at the end of the fourth year?*

a) $1,000

b) $300

c) $657

d) $557

2. You want to quit your job and go back to school for a law

degree 4 years from now, and you plan to save $3,500 per year, beginning

immediately. You will make 4 deposits in an account that pays 5.7% interest.

How much will you have 4 years from today?*

a) $15,112

b) $16,112

c) $17,112

d) $21,250

3. You deposited $5000 into an account at an annual interest of

8% compounded semiannually. What is the future value of this $5,000 after 4

years?*

a) $8,112

b) $7,112

c) $1,250

d) $6,843

4. You deposit $8,000 in a bank account today. You make another

deposit of $14,000 into the account in year one and you make a third deposit of

$10,000 in year two. The bank pays interest at 8 percent compounded annually.

How much will you have in your account in year 3?*

a) $37,207

b) $35,207

c) $39,207

d) $40,502

5. You have just won the lottery and you will receive 10 annual

beginning-of-year payments of $5 million each. If you expect to earn a 9%

compounded semi-annually, what will be the current value of the lottery

payments?*

a) $67,966,468

b) $47,986,467

c) $97,211,422

d) $27,956,468

6. What's the future value of $1,500 after 5 years if the

appropriate interest rate is 6%, compounded semiannually?*

a) $2,020

b) $5,016

c) $2,016

d) $1,500

7. SAJ sales last year were $435,000, its operating costs

including Depreciation were $362,500, and its interest charges were $12,500.

What was the firm's times-interest-earned (TIE) ratio?*

a) 4.72

b) 5.80

c) 5.23

d) 5.51

8. SAMI Co. has inventory turnover of 4x, it has sales of

$200,000, in addition it has current assets of $270,000 and current liabilities

of $80,000. The quick ratio for the company is:*

a) 2.75x

b) 2.80x

c) 3.37x

d) 4..23x

9. Lina Co. has Quick ratio of 3x, sales of $120,000, in

addition it has current assets of $170,000 and current liabilities of $50,000.

The inventory turnover ratio for the company is:*

a) 3.00x

b) 4.00x

c) 5.00x

d) 6.00x

10. Miriam Co. fixed assets are $325,000, it has sales of

$625,000, earnings before interest and taxes of $200,000, and its year-end

inventories are $60,000. The fixed assets turnover ratio of the firm is:*

a) 1.82x

b) 1.92x

c) 10.41x

d) 10.51x

11. JANA's Co. manufacturing recently reported Net income of

$350,000, Interest expense $112,000. It has ROA of 8% and it fall in the 30%

tax bracket. The Basic earning power (BEP) of the company is:*

a) 8.00%

b) 12.05%

c) 13.98%

d) 15.89%

12. What is the future value of a 5-year ordinary annuity with

annual payments of $200, evaluated at a 15 percent interest rate?*

a) $ 670.44

b) $ 842.91

c) $1,522.64

d) $1,348.48

13. What is the present value of a 7-year ordinary annuity with

annual payments of $300, evaluated at a 10 percent interest rate?*

a) $ 670.43

b) $ 842.91

c) $1,460.52

d) $1,522.64

14. Assume that you will receive $2,000 a year in Years 1 and 2,

zero dollars in year 3, $3,000 a year in Years 4 and 5, and $4,000 in Year 6,

with all cash flows to be received at the end of the year. If you require a 14

percent rate of return. You will accumulate (future value) at end of year

6:*

a) $ 9,851

b) $13,250

c) $11,714

d) $18,547

15. Naronath & Co. has a DSO of 30 days, and its annual

sales are $6,500,000. What is its accounts receivable balance? Assume that it

uses 365-day year.*

a) $17,808

b) $216,666

c) $534,247

d) $593,607

16. Firm X has a Return on Equity (ROE) equal to 10%, a total

debt ratio equal to 0.6. If the firm has an asset turnover ratio of 0.54, what

is its profit margin?*

a) 7.4%

b) 3.08%

c) 9%

d) 8.5%

17. A company has an ROA of 8%, a 1.5% profit margin, and an ROE

of 10%. What is its equity multiplier?*

a) 5.33

b) 6.66

c) 1.25

d) 0.8

18. Brauer Corp. has an equity multiplier of 1.66, and its

assets are financed with some combinations of long-term debt and common equity.

What is its debt ratio?*

a) 60%

b) 39.76%

c) 66%

d) None of the above.

19. If an employee deposits $1000 at the end of each year into

his company's plan which pays 7% interest compounded annually, how much will he

have in the account at the end of 10 years?*

a) $19,671.51

b) $7,023.58

c) $13,816.45

d) $10,000.00

20. Find the present value of an ordinary annuity with payments

of $500 a year for 5 years, if interest rates are 8% compounded

annually.*

a) $1996.36

b) $1701.46

c) $2993.30

d) $1656.06

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