Answer:
I would create a job by, getting the requirements for the job, I would try getting other people to help me and to work with me. That's how I would create a job and the most important part, create a name for the job.
Answer:
The market-to-book ratio is: $2.96
Explanation:
The market-to-book ratio compares the market value of an organization with its book value. The formula to calculate market-to-book ratio is equal to the market price per share divided by the book value per share. So,
Market-to-book ratio= $36.08/$12.19
Market-to-book ratio = $2.96
Answer:
Ans. The effective annual interest rate charged on the loan is 12.99% effective annually. (Please see the attached excel spread sheet)
Explanation:
Hi, attached is the amortization table that I made for this case. Notice that there is a yellow and green cell, the yellow one is the result of using the "IRR" function of MS Excel which provides an effective monthly rate, since the payments are made every month, then we have to transform that monthly effective rate into an effective annual rate, this is the formula to use.
That is:
Which we round to 12.99% effective annually.
Finally, notice that I didnt use the payments to find the effective rate, I used the cash flow, that was because you didn´t receive all the 100K (the fee, remember?), you received $98,000.
Best of luck.
Answer:
$14,000
Explanation:
Amount of interest expense = [(Bond issued by 'S' company x 9%) - Amount of
premium x (unsold bonds / Bonds issued)]
= (300,000 x 0.09) - 60000/10 x 200,000/300,000
= (27,000 - 6000) x 0.66667
= 21,000 x 0.66667
= $14,000
Answer:
($1,575)
Explanation:
The computation of net cash flow from financing activities is shown below:-
Lexington Company
Net cash flow from financing activities
Particulars Amount
Cash received from common stock $650
Less:Cash paid for repayment of loan ($1,405)
Less: Cash paid for dividend ($820)
Net cashflow from financing activities ($1,575)
So, to reach the net cashflow from financing activities we simply added the cash received from common stock and deduct the cash paid for repayment of loan and cash paid for dividend.
