Refer to the data provided in Table 11.3 below to answer the following question(s).Table 11.3ProjectNew computer for sales staffRemodel for distribution centerOn-site day care centerEmployee fitness centerTotal Investment(dollars)$250,000$200,000$100,000$50,000Expected Rate of Return(percentage)11954Refer to Table 11.3. If the interest rate is 2.5%, Blackstar Drone Manufacturing shouldO not fund any of the projects.fund all of the projects.fund all of the projects except for the employee fitness center.O fund only the employee fitness center.

Expected rate of returnThe expected rate of return implies the anticipated gain or loss an investor…

Answered: Refer to the data provided in Table…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hi,how to use the excel function (IRR and Effect) to determine which money lender offers a better rate: 1. Ah Long Finance: Loan amount: $20,000; instalment $600 per month x 36 months 2. Sharky Finance: Loan amount: $30,000; instalment $555 per month x 60 months 3. Ah Beng Finance: Loan amount: 40,000; instalment $ 760 per month x 59 months 4. Barracuda Finance: Loan amount: $50,000; instalment $925 per month x 60 monthsThanks.
Use Goal seek on the loan amount of $825,000. You would like the monthlypayment to be $4500.00. Find a solution for new loan amount, term, and Interestrate. Do not overwrite the Existing data on D3. Hint: Use Cancel when goal seekfinds a solution. Write the solution in the space provided on a spreadsheet.
Find the following. (Round your answers to the nearest cent.) FinanceCharge Number ofPayments Frequency Amount Number ofPayments Left $9.10 12 Monthly $15 5 (b) the amount needed to pay off the loan
site, find another.) Type in a home price of $300,000. Leaving all other entries as they are, enter an interest of 3%. Then change it to 4%. Then change it to 5%. Record the monthly payment readouts for each interest rate. Be careful with your calculations below and accurate with your research so that this assignment is useful! 1a. What was the monthly payment fference cost between the 3% and 5% loans? 1b. Multiply that monthly cost difference by 360 (the number of months in a 30 year home loan). What is the result? This is what a borrower may be paying MORE than someone else over the life of that loan due to credit. 1c. Why are customers with high credit scores given loans with lower interest rates? Reference the notes above for help here. 1d. What does this research tell you about the importance of maintaining a "good" credit score (as best as
Two alternative courses of action have the following schedules of disbursements. If the MARR is 6% which alternative should be selected? Use present worth analysis. Show your calculations in your working document. Also note that in periods 4 and 5, the values for option B should be - 400 and - 500 respectively. Year 0 1 2345 2 3 A B -$1,300 0 0 0 0 0 $1,300 - $100 -200 -300 400 500 $1,500
Cullumber Corporation is about to issue $1.120,000 of 9-year bonds that pay a 5% annual interest rate, with interest payable semi- annually. The market interest rate is 6%. Assuming all bonds are issued, how much can Cullumber expect to receive for the sale of these bonds? (a) Your answer is correct. Of the variables listed in the dropdown, choose the variable being calculated? Present value eTextbook and Media Attempts: 1 of 3 used
Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table. (Round your answers to the nearest cent.) AmountFinanced Number ofPayments APR TableFactor FinanceCharge MonthlyPayment $700 18 16% $ $ $
Find the interest earned on $5,750 deposited into a savings account for 3 1/2 years at an annual interest rate of 4 1/2% a. What formula should be used? b. What are you trying to find and what variable does it represent in the formula? c. Solve the problem showing all of your work (must show all steps!!) d. Interpet your answer using a complete sentence You may use the box below to upoload a picture of your written explanation or type it out in the box. Use the "mountain" button to add pictures.
Question Use Scenario Manager to create a scenario report summarizing the monthly payments (use the PMT function) for the scenarios given below. Scenario Principal borrowed Monthly rate Number of monthly payments Lowest Principal $770,000 0.60% 360 Likely Principal $900,000 0.65% 240 Highest Principal $980,000 0.70% 180 1. The scenario summary should be placed on a new worksheet that is different from the one that contains all the information and the base scenario/model. 2. All input and output cells in the scenario summary should be clearly named using range names. 3. Refer to the instructions listed under 'Homework assignments' in D2L.
Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Amount Number of Table Finance Monthly Payment APR Financed Payments Factor Charge $9,300 36 13% $ 21.30 2$ 1,980.90 24
Calculate the table factor, the finance charge, and the monthly payment (in $) for the loan by using the APR table, Table 13-1. (Round your answers to the nearest cent.) Amount Financed Number of Table Finance Monthly Payment APR Payments Factor Charge $9,300 36 13% $ 21.30 $4 11280,74
tme unIount 0I Ict T ccCIvao. Question 6.2: Bank Mysarah provides a financing facility based on the principles Murabahah to the Purchase orderer to Barakah Construction. to purchase specialized equipment to be used for their business project. The financing amounted to OR 500.000 at a constant rate of return of 10% for a period of 5 years. The annual installment payment is OR 150,000. Required : a) Prepare journal entries for Bank Mysarah only for the first year and final year of the contract. b) Present a statement showing the amount of net receivable and murabahah income for the whole duration of the contract. 6.3

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