Financial literacy

1. Nico Nelson, a management trainee at a large New York-based bank is trying to

1. Nico Nelson, a management trainee at a large New York-based bank is trying to estimate the real rate of return expected by investors. He notes that the 3-month T-bill currently…

1. Now, Dr. Pennyworth has a chance to purchase one of two professional cricket

1.     Now, Dr. Pennyworth has a chance to purchase one of two professional cricket clubs, the Miami Manatees or the Jacksonville Gemini. At the beginning of last year, the Manate…

1. Ocular Solutions recently (at the beginning of year 1) forecasted first year

1. Ocular Solutions recently (at the beginning of year 1) forecasted first year sales of $9.4 million, operating costs other than depreciation of $5.6 million, and depreciation of…

1. Of the business activities listed here, which activities can be conducted thr

1. Of the business activities listed here, which activities can be conducted through U.S.-regulated holding companies today? a. Data processing companies b. Office furniture sales…

1. On 25 April 2003 a trader bought three Australian dollar futures contracts at

1. On 25 April 2003 a trader bought three Australian dollar futures contracts at 0.5400 (USD/AUD). Calculate the US dollar value of the three contracts, where the size of the Aust…

1. On April 1 Marcy agrees to sell $100,000 of her partnership interest to Jamie

1. On April 1 Marcy agrees to sell $100,000 of her partnership interest to Jamie for $120,000. Please record the journal entry for this transaction. Date Debit Credit 2. Which wou…

1. On August 1, Sonya sells short 100 shares of PDQ company stock for $100 per s

1. On August 1, Sonya sells short 100 shares of PDQ company stock for $100 per share. On October 2, Sonya closes out the short sale at a cost of $90 per share. What is Sonya's pro…

1. On August 15 th , 2015, ToolMaker, Inc. purchases equity securities costing $

1. On August 15th, 2015, ToolMaker, Inc. purchases equity securities costing $3,000,000 and classifies them as available for sale securities (AFS). On September 30th, 2015, the va…

1. On December 15, Lisa, a landlord, entered into an oral greement with Tom to l

1. On December 15, Lisa, a landlord, entered into an oral greement with Tom to lease apartment 5W to Tom for one year starting on January1, at a rental of $2,000 per month. On the…

1. On February 14, Coal\'s Retail purchased $14,300 worth of inventory. The term

1. On February 14, Coal's Retail purchased $14,300 worth of inventory. The terms of sale were 2/10, net 45. The dollar amount of implicit interest charged if they do not pay the d…

1. On February 1st, September call option with exercise price of $55 written on

1. On February 1st, September call option with exercise price of $55 written on Aztec stock is sold for $4.375 per share and September put option with exercise price of $55 writte…

1. On January 1 st , three years ago, Randy was awarded 15,000 ISOs at an exerci

1.      On January 1st, three years ago, Randy was awarded 15,000 ISOs at an exercise price of $3 per share when the fair market value of the stock was equal to $3. On April 17th …

1. On January 1 the total market value of DOS Company was $50 million. During th

1. On January 1 the total market value of DOS Company was $50 million. During the year, the company plans to raise and invest, $10 million in new assets. The firm's present market…

1. On January 1, 2016, a company agrees to pay $21,000 in seven years. If the an

1. On January 1, 2016, a company agrees to pay $21,000 in seven years. If the annual interest rate is 7%, determine how much cash the company can borrow with this agreement. (PV o…

1. On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell B

1. On July 1, Stan, a steel manufacturer, telephoned Byron and offered to sell Byron six carloads of steel at $600 a ton. Byron said, Thats a lot of steel! Would you promise to ke…

1. On June 2011, you buy a corporate bond with FV of 1000 and annual coupon of 8

1. On June 2011, you buy a corporate bond with FV of 1000 and annual coupon of 8%. At the time of purchase, the bond had a maturity of 10 years and a yield to maturity of 12%. On …

1. On June 29, 2009 an investment manager purchased a $10,000 T-bill. The note\'

1.     On June 29, 2009 an investment manager purchased a $10,000 T-bill.   The note's maturity date was 9/30/09 and the simple discount rate was 2.93%.   How much did she pay for…

1. On March 15, well before the current financial crisis, a hedge unit of Lehman

1. On March 15, well before the current financial crisis, a hedge unit of Lehman's sold a 6X12Forward Rate Agreement to Wells Fargo in the amount of $2 Billion at the rate of 5.25…

1. On October 5, Tatooine Oil committed to buy 10,000 barrels of oil for deliver

1. On October 5, Tatooine Oil committed to buy 10,000 barrels of oil for delivery in December at a cost of $55 per barrel. Concerned that the price of oil might decrease, on Octob…

1. On a Cash Flow Statement, Operating activities include: A. Establishing a lin

1. On a Cash Flow Statement, Operating activities include: A. Establishing a line of credit. B. Decreasing Accounts Payable. C. Short Term Debt repayment D. Purchasing a company 2…

1. On a particular date, FedEx has a stock price of $88.66 and an EPS of $6.34.

1. On a particular date, FedEx has a stock price of $88.66 and an EPS of $6.34. Its competitor, UPS, had an EPS of $0.40. What would be the expected price of UPS stock on this dat…

1. On the day you entered college, you borrowed $30,000 from your local bank. Th

1. On the day you entered college, you borrowed $30,000 from your local bank. The terms of the loan include an interest rate of 4.75 percent. The terms stipulate that the principa…

1. On your post-graduation celebration trip you are leaving Paris for St. Peters

1. On your post-graduation celebration trip you are leaving Paris for St. Petersburg, Russia. You leave Paris with 10,000 Euros in your money pouch. Wanting to exchange all of the…

1. On your post-graduation celebration trip you are leaving Paris for St. Peters

1. On your post-graduation celebration trip you are leaving Paris for St. Petersburg, Russia. You leave Paris with 10,000 Euros in your money pouch. Wanting to exchange all of the…

1. One of the reasons why the interest rate swaps are used and popular is the be

1. One of the reasons why the interest rate swaps are used and popular is the benefit of comparative advantage in the type of loans between fixed and floating loans. Suppose that …

1. One year ago, you purchased 200 shares of a stock at a price of $54.18 a shar

1. One year ago, you purchased 200 shares of a stock at a price of $54.18 a share. Today, you sold those shares for $40.25 a share. During the past year, you received total divide…

1. Opening a series of new supermarkets is a major capital budgeting project for

1. Opening a series of new supermarkets is a major capital budgeting project for the company. Describe and discuss the main items on the income statement and balance sheet that yo…

1. Opening a series of new supermarkets is a major capital budgeting project for

1. Opening a series of new supermarkets is a major capital budgeting project for the company. Describe and discuss the main items on the income statement and balance sheet that yo…

1. Options versus Futures Describe the general differences between a call option

1. Options versus Futures Describe the general differences between a call option and a futures contract. 2.            Speculating with Call Options How are call options used by s…

1. Options versus Futures Describe the general differences between a call option

1. Options versus Futures Describe the general differences between a call option and a futures contract. 2.            Speculating with Call Options How are call options used by s…

1. Organic Produce Corporation has 8.8 million shares of common stock outstandin

1. Organic Produce Corporation has 8.8 million shares of common stock outstanding, 630,000 shares of 7.3 percent preferred stock outstanding, and 188,000 of 8.5 percent semiannual…

1. Osbourne Corporation has bonds on the market with 16.0 years to maturity, a Y

1. Osbourne Corporation has bonds on the market with 16.0 years to maturity, a YTM of 10.5 percent, and a current price of $943. The bonds make semiannual payments. What must the …

1. Overview of financial planning Aa Aa Bohemian Manufacturing Company\'s board

1. Overview of financial planning Aa Aa Bohemian Manufacturing Company's board of directors has stated that "The firm's goal is to maximize shareholder wealth over time." This sta…

1. PROBATE AND TITLE PROBLEM: Dave is a horse trainer with a small farm as his b

1. PROBATE AND TITLE PROBLEM: Dave is a horse trainer with a small farm as his business location. Dave is a sole owner/proprietor of the business and he is in failing health. Ther…

1. Paul is the owner of Paul\'s Food brokers. He owns 12 new private passenger v

1. Paul is the owner of Paul's Food brokers. He owns 12 new private passenger vans that are used by his sales staff. The vehicles are insured under a Business Auto Coverage Form t…

1. Payback period a.) Project K costs $40,000, its expected cash inflows are $10

1. Payback period a.) Project K costs $40,000, its expected cash inflows are $10,000 per year for 7 years, and its WACC is 14%. What is the project's payback? Round your answer to…

1. Paying a stock dividend ________ the retained earnings account. 1. 1. increas

1. Paying a stock dividend ________ the retained earnings account. 1. 1. increases 2. 2. has no effect on 3. 3. reorganizes 4. 4. decreases 2. Firms are usually prohibited by stat…

1. Personal financial management is important because it a. controls inflation.

1. Personal financial management is important because it a. controls inflation. b. limits consumption. c. uses money as an end. d. makes personal financial goals easier to achieve…

1. Pet Delight specializes in gourmet pet treats. Sales estimates in millions fo

1. Pet Delight specializes in gourmet pet treats. Sales estimates in millions for the next two quarters are $500 for 1Q and $600 for 2Q. All sales are made on credit. The company’…

1. Petco makes 2 products, dog collars and cat collars. Each passes through the

1. Petco makes 2 products, dog collars and cat collars. Each passes through the cutting machine, which is the binding constraint. Dog collars take 6 minutes on the cutting machine…

1. Petra, Inc. has $400,000 in current assets, $1.25 million in plant and equipm

1. Petra, Inc. has $400,000 in current assets, $1.25 million in plant and equipment, and $250,000 in goodwill. In what order should these assets be reported on the balance sheet? …

1. Phil Farmer just sold his farm to his nephew and financed it with the followi

1. Phil Farmer just sold his farm to his nephew and financed it with the following terms. The nephew will pay Phil $750/acre each year for the next 25 years. What I the equivalent…

1. Pierre Dupont just received a cash gift from his grandfather. He plans to inv

1. Pierre Dupont just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 5.5 percent. If the cu…

1. Pierre Dupont just received a cash gift from his grandfather. He plans to inv

1. Pierre Dupont just received a cash gift from his grandfather. He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 4.83 percent. If the c…

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chai

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chain, Western Mountain Chain. Pizza Place's analysts project that the merger will result in incrementa…

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chai

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chain, Western Mountain Chain. Pizza Place's analysts project that the merger will result in incrementa…

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chai

1. Pizza Place, a national pizza chain, is considering purchasing a smaller chain, Western Mountain Chain. Pizza Place's analysts project that the merger will result in incrementa…

1. Plastic First is engaged in the manufacturing of plastic materials. It is an

1. Plastic First is engaged in the manufacturing of plastic materials. It is an allequity firm with 80 million shares outstanding, currently trade at $20 per share. It is consider…

1. Please explain what is meant under a ‘dual banking system\'? When did it appe

1. Please explain what is meant under a ‘dual banking system'? When did it appear in the U.S. and for what reasons? 2. Please describe the role of information technology in evolut…

1. Please help me finish a purchases journal from the information above. JULY JO

1. Please help me finish a purchases journal from the information above. JULY JOURNAL TRANSACTIONS 1-Jul Issued 8,200 shares of common stock for $11 per share (Refer to Chart of A…