Mario's Home Systems has sales of $2,860, costs of goods sold of $2,200, inventory of $512, and accounts receivable of $434. How many days, on average, does it take Mario's to sell its inventory?
Q: Suppose that 10-month interest rates in Canada and Europe are 3.2% and 1.3%, respectively. In…
A: We have to decide on the arbitrage action for the euro. Spot rate and interest rates are available.…
Q: A deposit of $6,000 saved in a CD for 10 years at 3% will be worth: (Report an integer)
A: Amount Deposited is $6,000 Time period is 10 years Interest rate is 3% To Find: Future Value
Q: Based on the interest rates and cash flows shown in the cash flow diagram, determine the value of…
A: We have a stream of cash flows, but they are subjected to a different interest rates in different…
Q: what is the expected present value of the benefit from the policy?
A: We get present value by discounting the future value with the discounting factor and dividing the…
Q: How much must a corporation deposit in a bank which credits interest at 12% compounded monthly to…
A: Part 2: Interest Rate = 12% Time period = 8 years Amount required = P1,200,000
Q: You are called in as a financial analyst to appraise the bonds of Olsen's Clothing Stores. The…
A: To Find: Price of the bond
Q: 2. Assuming the following: Average Return (Risky Portfolio) 3.86% Standard Dev (Risky Portfolio)…
A: The capital asset pricing model is referred to as the model which best describes the relationship…
Q: Kawesha Corporation has a premium bond making semiannual payments. The bond pays a 9 percent coupon,…
A:
Q: Compute for the effective interest rate per seminannual. Nominal rate = 7.43% compounded bi-monthly
A: Nominal rate = 0.0743 Number of compounding = 6 Effective interest rate per semiannual = ?…
Q: 4) A project is predicted to have a return of -£16m in a recession, and the probability of a…
A: Expected Return - It is the return based on certain probability with possible outcome. It can be…
Q: If you saved your tax refund $14,089.39, quit buying vendor coffee for one year $12,522.23, and…
A: Information Provided: Tax refund = $14,089.39 Coffee savings = $12,522.23 Contribution = $5040…
Q: How do you maintain accurate and complete reporting of a budget? And how do you set up guardrails…
A: A budget is a financial plan that takes into account both income and costs. In other words, it is a…
Q: Use the following information to find dividends paid to common stockholders during 2021. (Enter your…
A: Dividends are appropriations of profits of the firm. Preferred stockholders are paid before the…
Q: I have one question, I was instructed that the answer is 17.39 years and while it's a very small…
A: Here, Bond type = zero coupon bond Market Price (PV) = $318.46 Face Value of bond (FV) = $1,000…
Q: Market efficiency requires: all investors are rational all the time. all investors…
A: Market efficiency is the ability of markets to process the information quickly and generate the…
Q: Which of the following is an example of information that a project manager should include when…
A: Lesson learned during a project means knowledge gained while conducting a project.
Q: A company has an obligation to pay 2,000,000€ in four years. The financial manager of the company…
A: The coupon rate of a bond is derived by dividing the total of the security's yearly coupon payments…
Q: Can you explain the answer without excel please? Thanks.
A: Cost of Car is $52000 Interest rate is 6% Time period is 5 years Monthly Interest rate "rate" is…
Q: An investor estimates the expected returns of the following three shares as follows (for three…
A:
Q: Assume you deposit $700 every three months at a 6 percent annual rate, compounded quarterly. How…
A: Information Provided: Quarterly deposit = $700 Interest rate (APR) = 6% compounded quarterly Period…
Q: 1. The Viking Company is preparing budgets for the second quarter ending June 30. Last year's…
A: As per the Honor code of Bartleby we are bound to given the answer of first three sub part only,…
Q: You have just purchased a car and taken out a $42,000 loan. The loan has a five-year term with…
A: Given Loan taken is $42000 term of loan is 5 years APR is 6.4%
Q: Complete the following using present value. (Use the Table 12.3 provided.) Note: Do not round…
A: Time Value is an important technique which states that money has earning capacity, hence each dollar…
Q: You want to pay off your mortgage on something called an accelerated bi-weekly payment plan. You…
A: Regular bi-weekly payment One payment per every two weeks is made. This implies that a new…
Q: Which do you prefer: a bank account that pays 5.0% per year (EAR) for three years or a. An account…
A: Given, 5% per year for 3 years Amount is $1
Q: Stock R has a beta of 1.5, Stock S has a beta of 0.85, the required return on an average stock is…
A: Investors anticipate receiving compensation for the time value of money and risk. The time value of…
Q: You are planning to save for retirement over the next 30 years. To do this, you will invest K700 a…
A:
Q: ABC Corporation plans to issue a 9%, 10-year, P5,000,000 face value bonds. It will incur P500,000 as…
A: Yield to maturity is rate of return realized on the bond when bond is held till the maturity period…
Q: The price of a condominium is $81,000. The bank requires a 5% down payment and one point at the time…
A: Price of Condominium = $81,000 Down Payment = 5% Time Period = 30 Years Interest Rate = 6.5%
Q: When the Australian government issues government bonds during a tender, the cumulative…
A: Bidding information are available. From the order book, we have to find the cut off yield.
Q: uestion #3
A: Loans are paid by the monthly payments that carry the payment for loan amount and interest amount…
Q: In an active equity strategy, an investor instituting a substitution trade: O a Wishes to replace an…
A: An active equity strategy involves frequent buying and selling of securities to outperform. A…
Q: Construct NPV profiles for Plans A and B. Enter your answers in millions. For example, an answer of…
A: We will use the concept of capital budgeting in this case. The tools of NPV and IRR will be used…
Q: What are the advantages of using duration as opposed to interest-sensitive gap analysis?
A: Asset liability management is a technique used to address the risks that financial institutions face…
Q: Investment in a corporation in a new industry VS Investment in a corporation in a matured industry O…
A: An investment is made considering both return and risk. Before making an investment, the associated…
Q: valuate three commonly used approaches to quantifying financial risks. Not satisfied with the first…
A: Risk management is the process of assessing risk and based upon the assessment, develop strategies…
Q: Being in an industry with perfect competition VS Being in an oligopolistic industry Market Risk -…
A: As per our guidelines we are supposed to answer only one question (if there are multiple questions…
Q: 2. Future Value: FV = PV(1+r)" a) P10,600 invested at 12% compounded semi-annually for 5 years b)…
A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…
Q: Better Friend Company chief executive officer (CEO )is looking into two options to invest so that in…
A: The concept of TVM is used to find the value of the investments at present time. It allows the…
Q: nvestment in a project that will yield £100,000 after five years at a cost of capital of 8.0%. This…
A: The present value is equivalent value today based on the interest rate and period of investment of…
Q: 4. What type of firm generally has the highest proportion of fixed assets to total assets?
A: Fixed Assets: These are non-current assets purchased and utilized for the long term. Such assets are…
Q: You are required to answer the following: (a) What is the current market value of the company? (b)…
A: Using the following formulas, we can solve the question: The current market value of the company =…
Q: Why Softbank was willing to bail WeWork despite losses and mismanagement of funds (multiple answers…
A: SoftBank lost over 90% of its $10.3 billion investment in WeWork and was compelled to bail it out…
Q: Suppose you invest $8,000 in a mutual fund in one year and $9,500 in two years. If the fund pays 7%…
A: Investment The process of investing money in financial assets in order to get a return is called…
Q: An Ireland economy with two opposing factions: the Belgium and the Germany. There is one bank, the…
A: We have to find the price of a bond likely to be defaulted, from the perspective of an investor. We…
Q: What is the Current Yield of a Bond selling at $1,120 and has a Coupon Rate of 7%? 7%…
A: Solution:- Current Yield means the percentage of coupon amount to the current market price of bond.…
Q: A father plans to set aside Php250,000 for his son's college education. If he wishes to have…
A: Present Value PHP 2,50,000.00 Future Value PHP 5,00,000.00 Time Period (Years) 5
Q: A Zambian company has a bond outstanding that sells for 87 percent of its K100,000 par value. The…
A: As per Bartleby guidelines, If multiple questions are posted, only the first 1 question will be…
Q: What is the future value of $8,500 a year for 40 years at 10.8% interest, compounded annually?
A: Future value of annual payment is calculated using following equation Future value = P×1+rn-1r…
Q: What simple interest rate should Php124,565.87 invested so that it becomes Php155,000 in 3 years? 3…
A: Simple Interest rate Maturity Value = Principal amount + Interest on Principal amount Maturity…
Mario's Home Systems has sales of $2,860, costs of goods sold of $2,200, inventory of $512, and accounts receivable of $434. How many days, on average, does it take Mario's to sell its inventory?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- The up towner has sales of $913,400 costs of goods sold of $579,300 inventory of $123,900 and accounts receivable of $78,900. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?A firm has Sales of $2,820, Cost of Goods Sold of $2,160, Inventory of $504, and Accounts Receivable of $430. How many days does it take for the firm to sell its Inventory?Industria del Norte has receivable accounts of $ 42,300, inventory of $ 61,200, sales of $ 544,200, and COGS of $ 393,500. How many days on average does it take the firm to sell all of its inventory?
- Company C Industries has sales of $6,100, cost of goods sold of $4,100, accounts receivable of $800, and inventory of $600. Approximately how many days does it take the firm to collect payments on sales?The Happy Auto Shop has the following annual information: gross sales,$700,000; net sales, $696,000; and gross profit, $448,000. What are theshop’s returns and allowances and cost of goods sold?The Happy Auto Shop has the following annual information: Gross Sales, $700,000; Net Sales, $696,000; Gross Profit, $448,000. What are the shop’s returns and allowances and cost of goods sold? Give an overall detailed response.
- Keto Grocery Store sells 400 gallons of milk each month. The average on-hand inventory is 50 gallons. What is the inventory turnover? What does it mean?JC Penney has sales of $897,400, costs of goods sold of $628,300, inventory of $208,400, and accounts receivable of $74,100. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? 84.76 days 121.07 days 74.19 days 151.21 days 138.46 daysA chain of appliance stores, APP Corporation, purchases inventory with a net price of $700,000 each day. The company purchases the inventory under the credit terms of 2/15, net 35. APP always takes the discount but takes the full 15 days to pay its bills. What is the average accounts payable for APP? Round your answer to the nearest dollar.
- A sole proprietorship firm has taxable income of $128,200. Assume this is the sole source of income for the owner. Taxable Tax Rate Income 9,525 10 % %$4 9,526 38,700 12 38,701 82,500 22 82,501 157,500 24 157,500 – 200,000 32 The marginal tax rate is percentLangston’s purchased $3,100 of merchandise during the month, and its monthly incomestatement shows a cost of goods sold of $3,000. What was the beginning inventory if the endinginventory was $1,250?Wayne's Wells has sales for the year of P48,900 and an average inventory 21 of P8,800. The cost of goods sold id equal to 60 percent of sales and the profit margin is five percent. How many days on the average does it take the firm to sell an inventory item?
