Question: Please solve step by step on how to slove each question and how to do on a finance calculator, thank you! 2. What is the

 Please solve step by step on how to slove each question

Please solve step by step on how to slove each question and how to do on a finance calculator, thank you!

2. What is the value ofthe following cash flows at the end ofthe fourth year? Assume an interest rate of 8%. Year Cash flow $350 $500 $725 $400 4 a) $2,384 b) $1,622 c) $2,687 d) $2,207 e) $1,975 Dan's Garage has cash of $68, accounts receivable of $142, accounts payable of $235, and inventory of $318. What is the value of the quick ratio? 3. a).89 b).71 c).53 d) 2.25 e) 1.35 4. If your firm had taxable income of $18,000,000 in 2017, what will be the firm's tax liability? a) $6,120,000 b) $6,188,250 c) $6,290,000 d) $6,300,000 e) $6,200,000 Jack and Diane want to buy a house that sells for $120,000. They will pay $20,000 in cash and finance the rest for 30 years. The loan rate is 8.25%. If their payments begin one month from now, what will their 5. monthly payments be? a) $725.01 b) $901.52 c) $757.76 d) $825.45 e) $751.27 6. What is the future value of $1,000 received at the beginning of each year, for the next 10 years? You earn 5.625% on your investment. e) $13,679.45 a) $12,259.63 b) $12,950.96 c) $14,495.48 d) $14,782.15

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