Answer:
Total Fixed Assets = 20 million
Explanation:
Total liabilities and equity = $65 million
Current liabilities = $10 million
Inventory = $15 million
Quick ratio = 3 times.
As we know
Total liabilities and equity = Total Assets
65 Million = Total Fixed Assets + Total Current Assets
65 Million = Total Fixed Assets + 45 million
Total Fixed Assets = 65 million - 45 million
Total Fixed Assets = 20 million
Quick Ratio = ( Total Current Assets - Inventory ) / Total Current Liabilities
3 = ( Total Current Assets - 15 million ) / $10 Million
3 x $10 Million = Total Current Assets - 15 million
30 million = Total Current Assets - 15 million
30 million + 15 million = Total Current Assets
Total Current Assets = 45 Million
Answer: The correct answer is e). 3.67%
Explanation: An ordinary annuity is a series of payments made at the end of each period.
The formula for ordinary annuity is PV = PMT × ((1 - (1 + r) ^ -n)/ r)
Where; PMT = the periodic cash payment; r = the interest rate per period; n = the total number of periods and PV = present value.
Therefore; 3500000 = 250000×((1-(1+r)^-20)/r
This will give the rate as 3.67%
<span>An economy is created by the interactions between producers and consumers.</span>
Answer:
A. 6.50 years
Explanation:
Let C represent consumer loans,
T represent T-bonds and
t represent T-bills
Portfolio duration = wC*dC + wT*dT + wt*dt
w = weight of...
d= duration of ....
Find the weights;
Total amount invested = 75 + 39 + 18 = 132 mill
wC = 75 / 132 = 0.5682
wT = 39 / 132 = 0.2955
wt = 18 /132 = 0.1364
Portfolio duration = (0.5682*3) +(0.2955*16) + (0.1364*0.5)
= 1.7046 + 4.728 + 0.0682
= 6.50 years
