Question: Question 1 :Data for Summit Tech: Net Income = $80,000 Sales = $1,000,000 Total Assets = $500,000 Equity = $250,000Required:Using the Du Pont Identity, calculate
Question 1 :Data for Summit Tech: Net Income = $80,000 Sales = $1,000,000 Total Assets = $500,000 Equity = $250,000Required:Using the Du Pont Identity, calculate the Return on Equity (ROE):Question 2: You invest $2,000 today in a savings account that pays 5% annual interest, compounded annually. How much will you have in the account after 4 years?Question 3: You want to have $10,000 in 5 years to buy a used car. If your bank offers 6% annual interest, compounded annually, how much should you deposit today?Question 4: You are evaluating an investment that will pay: $600 in 1 year, $800 in 3 years, $1,200 in 5 years.If your required return is 9% annually,Find: The maximum price you should pay today for this investment.
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