help with redu of homework problems and questions
Please show work for the problems… this is due as soon as possible please..
Wk2 Problem2-2 #5
Corporate bonds issued by Johnson Corporation currently yield 8.5%. Municipal bonds of equal risk currently yield 7%. At what tax rate would an investor be indifferent between these two bonds? Round your answer to two decimal places.
%
Problem 11
Which of the following statements is CORRECT?
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Problem 12 the parts that are done are correct just the empty spaces need the correct answer please.
Complete the balance sheet and sales information in the table that follows for Hoffmeister Industries using the following financial data:
Debt ratio: 55% Quick ratio: 0.95 Total assets turnover: 2.8 Days sales outstanding: 31 days* Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 26% Inventory turnover ratio: 5.0 * Calculation is based on a 365-day year.
Round your answers to the nearest whole dollar.
Balance Sheet
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Cash |
$ |
Accounts payable |
$ |
|
Accounts receivable |
$ |
Long-term debt |
$ 60,000 |
|
Inventories |
$ |
Common stock |
$ |
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Fixed assets |
$ |
Retained earnings |
$ 97,500 |
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Total assets |
$ 300,000 |
Total liabilities and equity |
$ |
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Sales |
$ |
Cost of goods sold |
$ |
Wk3 Problem 4-19 number 1
Part of this problem is correct only need to answer letter A
Universal Bank pays 6% interest, compounded annually, on time deposits. Regional Bank pays 5%, compounded quarterly.
a. Based on effective interest rates, in which bank would you prefer to deposit your money? I. You would choose Regional Bank because its EAR (or EFF%) is higher. II. You are indifferent between the banks and your decision will be based upon which one offers you a gift for opening an account. III. You would choose Universal Bank because its EAR (or EFF%) is higher. IV. You would choose Regional Bank because its nominal interest rate is higher. V. You would choose Universal Bank because its nominal interest rate is higher.
b. Could your choice of banks be influenced by the fact that you might want to withdraw your funds during the year as opposed to at the end of the year? In answering this question, assume that funds must be left on deposit during the entire compounding period in order for you to receive any interest. I. If funds must be left on deposit until the end of the compounding period (1 year for Universal Bank and 3 months for Regional Bank), and you think there is a high probability that you will make a withdrawal during the year, then Universal Bank might be preferable. II. If funds must be left on deposit until the end of the compounding period (3 months for Universal Bank and 1 year for Regional Bank), and you think there is a high probability that you will make a withdrawal during the year, then Universal Bank might be preferable. III. If If funds must be left on deposit until the end of the compounding period (1 year for Universal Bank and 3 months for Regional Bank), and you think there is a high probability that you will make a withdrawal during the year, then Regional Bank might be preferable. IV. If funds must be left on deposit until the end of the compounding period (3 months for Universal Bank and 1 year for Regional Bank), and you think there is a high probability that you will make a withdrawal during the year, then Regional Bank might be preferable. V. If funds must be left on deposit until the end of the compounding period (1 year for Universal Bank and 3 months for Regional Bank), and you have no intentions of making a withdrawal during the year, then Regional Bank might be preferable.
Problem 4-31 number 15
Answer A is correct please only answer letter B
It is now January 1. You plan to make a total of 5 deposits of $500 each, one every 6 months, with the first payment being made today. The bank pays a nominal interest rate of 8% but uses semiannual compounding. You plan to leave the money in the bank for 5 years. How much will be in your account after 5 years? Round your answer to the nearest cent. $
You must make a payment of $1,096.56 in 10 years. To get the money for this payment, you will make 5 equal deposits, beginning today and for the following 4 quarters, in a bank that pays a nominal interest rate of 12% with quarterly compounding. How large must each of the 5 payments be? Round your answer to the nearest cent. $
Week4 problem 5-8 number 1
Only answer the one that is not answered please the first one is correct thank you
Thatcher Corporation's bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050. Round your answers to two decimal places.
What is their yield to maturity? %
What is their yield to call? %
Problem 7
Which of the following statements is CORRECT?
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28,408.00
105,000.0
71,342.00
37,500
300,000.0
840,000.0
621,600
3427
6.62