Week 3_ Test Your Knowledge (TYK)_ PJM 6075 WINTER 2024 PROJECT FINANCE 20736_21621
.pdf
keyboard_arrow_up
School
Northeastern University *
*We aren’t endorsed by this school
Course
6075
Subject
Finance
Date
Apr 3, 2024
Type
Pages
12
Uploaded by BaronCapybara7708
3/4/24, 6:13 PM
Week 3: Test Your Knowledge (TYK): PJM 6075 WINTER 2024 PROJECT FINANCE 20736/21621
https://northeastern.instructure.com/courses/165089/quizzes/582941
1/12
Week 3: Test Your Knowledge (TYK) Due Mar 10 at 8pm
Points 20
Questions 20
Time Limit 60 Minutes
Allowed Attempts 3
Instructions
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
18 minutes
16 out of 20
Score for this attempt: 16 out of 20
This practice test covers week 3 course materials, which include the project ±nance markets, capital structure and cost of
capital. Each answer key contains detailed explanations to help you master the course materials. Take notes as you learn,
because the ±nal exam will cover week 1-week 6 course materials. You can take this practice test up to three times.
Test Parameters
Logistics: Online
Number of Questions: 20
Duration: 60 minutes
Possible points: 20 points
Type of test: Open Book
Questions Type: Fill in the blank, multiple choice, multiple answer, and matching
Question Delivery: One question at a time
Multiple Attempts: You can take this test up to three times
Force Completion: Once started, this Test must be completed in one sitting.
Due date: Sunday of the Third week of the course
Learning Connection:
This Test Your Knowledge (TYK) practice test is directly linked to the following key learning outcomes from the course
syllabus:
Examine the capital structure of a project organization
Use real world case studies to apply project ±nance theories by
Calculating the cost of capital of a project company
Determining the optimal capital structure that maximizes the value of a project company
Analyzing the factors that impact a project company's dividend policy
Take the Quiz Again
3/4/24, 6:13 PM
Week 3: Test Your Knowledge (TYK): PJM 6075 WINTER 2024 PROJECT FINANCE 20736/21621
https://northeastern.instructure.com/courses/165089/quizzes/582941
2/12
Submitted Mar 4 at 9:13pm
This attempt took 18 minutes.
Question 1
1 / 1 pts
The bondholder is guaranteed an income over the life of the security.
By promising a return to the bondholder, an income bond is junior to preferred and common stock.
Income bonds are junior to subordinated debt but senior to preferred and common stock. Correct!
Income bonds pay interest only if the issuing company has earned the interest. An income bond is one that pays interest only if the issuing company has earned the interest, although
the principal must still be paid on the due date. Such bonds are riskier than normal bonds.
Question 2
1 / 1 pts
Market interest rates have increased.
Additional debt can be issued more cheaply than the original debt.
There should be no difference; cost of debt is the same as the bonds' market yield.
Correct!
Interest is deductible for tax purposes. Because interest is deductible for tax purposes, the actual cost of debt capital is the net effect of the
interest payment and the offsetting tax deduction. The actual cost of debt equals the interest rate times
(1 -the marginal tax rate). Thus, if a firm with a 9% market rate is in a 40% tax bracket, the net cost of the
debt capital is 5.4% [9% x (1 - .4)].
Question 3
1 / 1 pts
The main difference between income bonds and other bonds is that
Chenco is a project company incorporated in Hundred Acre Wood, California. If Chenco's bonds are
currently yielding 9% in the marketplace, why is Chenco's cost of debt actually lower?
3/4/24, 6:13 PM
Week 3: Test Your Knowledge (TYK): PJM 6075 WINTER 2024 PROJECT FINANCE 20736/21621
https://northeastern.instructure.com/courses/165089/quizzes/582941
3/12
Bank lender
Bondholder
Correct!
Shareholder
Non-bank lender
The term lender is used to mean either a bank lender, bondholder, non-bank lender or debt fund. The
term shareholder is used to mean the owner of shares in a company. Although the financial and legal
structures and procedures are different in the bank and the non-bank private-sector project-finance debt
market, the criteria under which debt is raised in each of these markets are much the same.
Question 4
1 / 1 pts
$22.61
$46.00
Correct!
$50.00
$53.00 The conversion price is the assumed price of the stock, which was set at the time the bonds were
issued. Dividing the $1 ,000 face value by the 20 shares results in a conversion price of $50. Answer (A)
is incorrect because it is the ratio of stock price to bond price, not the conversion price.
Question 5
1 / 1 pts
The term lender is typically used to refer to all of the following, except
Chenco's $1 ,000 par value convertible debentures are selling at $1,060 when its stock is selling for
$46.00 per share. What is the conversion price if the conversion ratio is 20?
A bond issued by a project company is aimed mainly at
3/4/24, 6:13 PM
Week 3: Test Your Knowledge (TYK): PJM 6075 WINTER 2024 PROJECT FINANCE 20736/21621
https://northeastern.instructure.com/courses/165089/quizzes/582941
4/12
The banking market.
Correct!
The non-banking markets.
The equity market.
The international trading market. A bond issued by a project company is basically similar to a loan from the borrower’s point of view, but it
is aimed mainly at the non-banking market and takes the form of a tradable debt instrument, originally
evidenced by a paper certificate, but now generally superseded by electronic registration.
Question 6
1 / 1 pts
Correct!
Voting rights in corporate elections.
Dividend payments that are not tax deductible by the company.
No principal repayments.
A superior claim to common stock equity in the case of liquidation. Dividends on cumulative preferred stock accrue until declared; that is, the book value of the preferred
stock increases by the amount of any undeclared dividends. Participating preferred stock participates
with common shareholders in excess earnings of the company. In other words, 10% participating
preferred stock might pay a dividend each year greater than 10% when the corporation is extremely
profitable. Therefore, nonparticipating preferred stock will receive no more than is stated on the face of
the stock. Preferred shareholders rarely have voting rights. Voting rights are exchanged for preferences
regarding dividends and liquidation of assets.
Question 7
1 / 1 pts
Cumulative preferred stock (non-participating, 10%) in Chenco LTD that meets its dividend obligations
has all of the following characteristics, except
The market value of a share of stock is $60, and the market value of one right prior to the ex-rights date
is $2.00 after the offering is announced but while the stock is still selling rights-on. The offer to the
3/4/24, 6:13 PM
Week 3: Test Your Knowledge (TYK): PJM 6075 WINTER 2024 PROJECT FINANCE 20736/21621
https://northeastern.instructure.com/courses/165089/quizzes/582941
5/12
Correct!
Does not receive any additional benefit from the rights offering.
Receives an additional benefit from the rights offering.
Merely receives a return of capital.
Should redeem the right and purchase the stock before the ex-rights date. The formula for determining the value of one stock right when the price of the stock is rights-on is as
follows:
R
on
= (P
on
– S)/(N + 1)
Plugging the amounts into the formula for determining the value of one stock right produces a theoretical
value of $2.50 per right, which leaves a theoretical value of $47.50 for the stock:
($60- $50) ÷ (3 + 1) = $2.50. However, if the stock declines to $57.50 when the right is worth only $2, the
original investor is worse off than before the rights issuance; i.e., the investor would have only $59.50
worth of investments. Hence, the original shareholder receives no benefit from the issuance of the rights.
Question 8
1 / 1 pts
Correct!
Bonds guaranteed by insurance companies or commercial banks.
Bonds gifted to friends and family birthdays and other special occasions.
Bonds that are issued by all industry sectors, including non-profit and government agencies.
Bonds guaranteed by the issuer.
Wrapped bonds are bonds guaranteed by insurance companies or commercial banks (primarily from
European and Japanese banks rather than U.S. banks). When bonds are wrapped or guaranteed,
bondholders need to pay little attention to the background or risks of the borrower or (if relevant) the
project itself—at least theoretically—and could rely on the credit rating of the insurance company itself.
shareholder is that it will take three rights to buy an additional share of stock at a subscription price of
$50 per share. If the theoretical value of the stock when it goes ex-rights is $57.50, then the shareholder
Wrapped bonds are
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Crop a question
SIM ?
11:00 AM
A elearning.ju.edu.jo
The future value of $200 received
today and deposited at 8 percent
compounded semi-annually for
three years is
Select one:
a. $352
b. $158
C. $253
d. $380
Previous page
Next page
Quiz navigation
4.
6.
Finish attempt.
Go
Time left 0:19:14
II
arrow_forward
-et: Mod x
* CengageNOWv2 | On x
* Cengage Learning
B Milestone Two Guidel x
G module 5 problem set x
om/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=.
O eBook
Show Me How
Journalizing Installment Notes
On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note
payment consists of $5,720 of interest and $8,350 of principal repayment.
a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank.
b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank.
Previous
Next
Check My Work.
3:34 P
56°F Mostly cloudy
A O E O 40
11/28/2
(田
arrow_forward
17.39 .. 90
PROBLEMS OF SEMESTER FINAL TEST 2021
Word
es
Mailings
Review
View
Help
O Tell me what you want to do
Aa -
AaBbCeDd AaBbCcl AaBbCcDe AaBbCcDe AaBt
Heading 2 Heading 3
T Normal I No Spac. Headin
Paragraph
Styles
4.5.6 7 8.. 9. • 10. 11 12. 13. 14. 15.I
Thursday : January 21, 2021 --- 80 Minutes
1. In this section we examine three theories of investor preference: The dividend irrelevance
theory. The "bird in the hand" theory, the tax preference theory, which theory is the best?
What is the different of stock dividends, stock splits, and stock repurchase.
2. In the working capital management, we know about cash conversion cycle model. For
problem if average inventories are $3 million and sales are $11 million. If receivables are
S 657.535 and sales are S 11 million. Then, if its cost of goods sold are $9 million per year
and if its accounts payable average $ 657.535. What is the length of the cash conversion
sicle?
3. The ELGRAJO Corporation has capital structure as follow…
arrow_forward
Topic 4 Homework
Close Date: Wed, Sep 29, 2021, 11:59 PM
Question 9 of 15
If the margin on an item is 22.00%, calculate the rate of markup of the item.
Round to two decimal places if necessary
SAVE PROGRESS
SUBMITAS
arrow_forward
New tab
x
Content
x Quiz 3-MAT-143, section 03F, Fax
+
https://www.webassign.net/web/Student/Assignment-Responses/last?dep=34832472
a A ✰
DETAILS
MY NOTES
ASK YOUR TEACHE
A newspaper editor starts a retirement savings plan in which $225 per month is deposited at the beginning of each month into an account that earns an annual interest rate of 6.4% compounded monthly.
Find the value of this investment (in dollars) after 20 years. (Round your answer to the nearest cent.)
$
DETAILS
MY NOTES
ASK YOUR TEACHI
logo design company purchases four new computers for $12,500. The company finances the cost of the computers for 3 years at an annual interest rate of 5.175% compounded monthly. Find the month
ayment (in dollars) for this loan. (Round your answer to the nearest cent. See Example 8 in this section.)
Submit Assignment
Home
My Assignments
Request Extension
Copyright © 1998-2024 Cengage Learning, Inc. All Rights Reserved | TERMS OF USE PRIVACY
12:03 PM
arrow_forward
https://sfdr.owschools.com/owsoo/studentAssignment/index?eh=65534403
SSIGNMENTS
Assignment - 1. Credit Scores and Loans
Attempt 1 of 1
COURSES
SECTION 3 OF 4
QUESTION
1
4
8
You get a personal loan of $5,000 with 12% simple interest too be paid over 30 months. What is your monthly payment?
O $150.00
O $166.67
O $216.67
O $175.00
NEXT QUESTION
O ASK FOR HELP
TURN IT IN
e to search
Pause
T
H
K
B
N
M
Alt
Ct
arrow_forward
все
Google Chrome - D...
My Learning Progre... N Northwestern Univ...
Solution Manual Fo... Business Law
Question 28 of 40
View Policies
Show Attempt History
<
Current Attempt in Progress
X Your answer is incorrect.
0/0.3
Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.90 percent annually to help you
go to graduate school. Starting next year, and for the following four years, he plans to deposit $2,350, $8,600, $7,200, $6,600, and
$12,150 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, e.g. 15.25.)
Future value at end of five years
eTextbook and Media
Save for Later
Using multiple attempts will impact your score.
20% score reduction after attempt 2
Q Search
41719.11
GUND
Attempts: 1 of 3 used Submit Answer
arrow_forward
What is the answer A thru D?
arrow_forward
TOPIC: ENGINEERING ECONOMICS
SPECIFIC INSTRUCTION: Solve each problem NEATLY and SYSTEMATICALLY. Show your
COMPLETE solutions and BOX your final answers. Express all your answers in 2 decimal places.
PROBLEM:
Find the exact and ordinary interest on Php 5,000 at 19 % for 30 days.
arrow_forward
AHEAD | Login
FA_21BUS101A-END-SEM ASSIGI X
https://aheadonline.amrita.edu/courses/34/assignments/2033?module_item_id=9674
Discussions
1. From the following Trial balance , you are require to prepare the final accounts for the year ended 31st December 2020.
Grades
Particulars
Amount (Dr)
Amount(Cr)
4,80,000
Сapital
Drawings
Land & Building
People
1,35,000
4,50,000
Pages
Account
Creditors
3,15,000
Files
Plant& Machinery
1,20,000
Purchase returns
7,950
Syllabus
Bills receivable
18,000
Dashboard
Sales
6,54,000
Quizzes
Opening stock
1,20,000
1,53,000
78,000
1,500
3,000
1,14,000
10,200
79,800
1,35,000
3,600
6,000
18,000
11,850
Courses
Modules
Purchase
Wages
Carriage outwards
Carriage inwards
Salaries
Calendar
Discount
Inbox
Bank balance
Debtors
Bad debts
Sales returns
Furniture
Advertisements
Total
14,56,950
14,56,950
Adjustments:
Stock on 31st December,2020 is Rs. 1,05,000
Machinery & Furniture to be depreciated @ 10%.
Wages outstanding is Rs. 4,50O
Prepaid Advertisement is Rs.1,500
A…
arrow_forward
B ch01 (Fall 2021
w https://education.wiley.
B Present Value Tables (1.
Final Exam (Fall 2020)
- Final Exam (Fall 2020)
-/6
Question 24 of 50
View Policies
Current Attempt in Progress
Sheridan Manufacturing Company expects the following sales in January, February, and March:
Cash
Credit
Sales
Sales
$50900
$250500
January
February
$45900
$240500
March
$85000
$325000
The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month
after sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from
customers in March?
O $352150
O $364675
O $410000
O $279675
Save for Later
Attempts: 0 of 1 used
Submit Answer
MacBook Air
esc
888
FT
F2
F3
F4
F5
F6
F7
F8
@
#
2$
4
&
*
6.
7
8.
Q
W
arrow_forward
FMfcgxwLsmmztLTTFHnxfgtfwHRqwdvc?projector=18&messagePartld=0.3
Homework Assignment #3 Due in drop box 4/8 by 11:59 p.m.
Chapter 6
2. John Walters is comparing the cost of credit to the cash price of an item. If John makes an $80
down payment and pays $35 a month for 24 months, how much more will that amount be than
the cash price of $685?
5. A work-at-home opportunity is available in which you will receive 3 percent of the sales for
customers you refer to the company. The cost of your "franchise fee" is $600. How much would
your customers have to buy to cover the cost of this fee?
Chapter 7
7. Which mortgage would result in higher total payments?
Mortgage A: $985 a month for 30 years
Mortgage B: $780 a month for 5 years and $1,056 for 25 years
end
F12
home
prt sc
F10
F6
F7
F8
F9
F11
F3
F4
F5
%23
%
5
6
7
8
9
arrow_forward
Auditing || fall20
Dashboard
My courses
ACCT4141_iram_fall20
WEEK 7: 25 OCTOBER - 31 OCTOBER
Case study 2
Separate groups: 5
My Submissions
Case 2
Title Start Date Due Date Post Date Marks Available
Case study 2 - Case 2 27 Oct 2020 - 08:00 28 Oct 2020 - 06:00 28 Oct 2020 - 19:00 100
Summary:
On Chapters 9, 10, and 11:
The YuRaeKa charity was established in 1960. The charity’s aim is to provide support to children from disadvantaged backgrounds who wish to take part in sports such as tennis, badminton, squash, basketball and football.
YuRaeKa has a detailed constitution[1] which explains how the charity’s income can be spent. The constitution also notes that administration expenditure cannot exceed 10% of income in any year.
The charity’s income is derived wholly from voluntary donations. Sources of donations include:
(i) Cash collected by volunteers asking the public for donations in shopping areas,
(ii) Cheques sent to the charity’s head office,
(iii) Donations…
arrow_forward
V Content
Pearson (Assignments) - MA
Ô https://www.mathxl.com/Student/PlayerTest.aspx?testld%3D225147196
3 103 Spring 2021
st: Test 2 (Finance) Online
nis Question: 1 pt
5 of 19 (1 complete) ▼
How much must be deposited today into the following account in order to have a $135,000 college fund in 11 years? Assume no additional deposits are made.
An account with quarterly compounding and an APR of 7.32%
Sshould be deposited today.
(Do not round until the final answer. Then round to the nearest cent as needed.)
arrow_forward
Home Page - JagApp
Week 15 - Homework #9 (100 points) i
5
ווח
ezto.mheducation.com
←
Check my work
M Question 5 - Week 15 - Homework #9 (100 points) - Connect
Saved
+1 (415) 413-1032
O from your iPhone
On October 1, 2024, Ogneva Corporation loans one of its employees $40,000 and accepts a 12-month, 9% note receivable.
Calculate the amount of interest revenue Ogneva will recognize in 2024 and 2025.
10
points
Year
Interest
Revenue
2024
2025
eBook
Print
References
Mc
Graw
Hill
A
arrow_forward
If your answer is 41719.11 it's wrong
arrow_forward
PowerSchool Leaming : Portal : D
A ANet Online
4DC
a login.achievementnetwork.org/tutti/learn/assignments/viewAssignment.svc?ciid3FE954372A54D406885C1144055..
A1 Math Algebra II 20-21 Form MT Online
Screen Settings
9 of 9
* Full Screen
I Sa
Main Street Bank has savings accounts that earn 0.8% interest per month. All deposits, interest payments, and account closures are processed on the first day of a month
Part A
Assume a customer deposits the same amount of money, x, in dollars, each month. Write an expression that can be used to determine how much money would be in a savings account from Main
Street Bank after n months.
Respond in the space provided.
Part B
Luciana and Valerie are both opening savings accounts at Main Street Bank and will close their savings accounts at the end of their savings strategy Luciana's savings strategy is to deposit $200
each month for 24 months. Valerie's savings strategy is to deposit $400 each month for 12 months.
Whose savings strategy will result in…
arrow_forward
= Homework: Homework 3
Using the simple interest formula, determine the number of days until $1256.00 will earn $22.14 interest at 8-% p.a.
The number of days required is
(Round up the final answer to the nearest day as needed. Round all intermediate values to six decimal places as needed.)
arrow_forward
CR Business Mathematics Section 2CR / Simple Interest / Lesson 63
#
7. A 180-day simple interest loan in the amount of $16, 400 will be paid in full in the amount of $16, 851. Find the interest rate of the loan. Use the banker's method, which uses 360 days in a year.
All ch
OR=5.5%
OR=6.0%
OR=4.5%
OR=5.0%
Type here to search
F4
O
2:
F5
01
F6
DELL
F7
FB
F9
F10
PREVIOUS
7 of 18
Amberly
as20157
F12
NEXT
184&
10
5/
arrow_forward
Sheffield Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become
uncollectible. Accounts receivable are $430,800 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,864.
(a) Prepare the adjusting journal entry to record bad debt expense for the year.
(b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,864, prepare the adjusting journal entry for
bad debt expense.
arrow_forward
Help in 10 mins
arrow_forward
6
arrow_forward
Plz don't use chat gpt
arrow_forward
Home Page - JagApp
Week 15 - Homework #9 (100 points) i
9
10
points
eBook
Print
References
ווח
ezto.mheducation.com
M Question 9 - Week 15 - Homework #9 (100 points) - Connect
Saved
On July 1, 2024, a company loans one of its employees $20,000 and accepts a nine-month, 8% note receivable.
Required:
Calculate the amount of interest revenue the company will recognize in 2024 and 2025. (Do not round intermediate calculations.)
Amount of interest revenue
Mc
Graw
Hill
2024
2025
+1 (415) 413-1032
O from your iPhone
Check my work
←
8
arrow_forward
WAMAP
E case study 10- Google Docs
wamap.org/assess2/?cid%3D25677&aid31349485#/skip/8
a THS Bookmarks Shakespeare's Life .
Events - 8th Grade..
E Dystopia LT Trackin..
ConnectED Studer
Course
Messages
Forums
Calendar
Gradebook
Log Out
Home > Math 147 - Spring 2021> Assessment
Homework 11
core: 1/12
2/12 answered
Question 8
Suppose you invest $120 a month for 5 years into an account earning 8% compounded monthly. After 5
years, you leave the money, without making additional deposits, in the account for another 23 years. How
much will you have in the end?
$
Question Help: D Video 1 D Video 2 M Message instructor D Post to forum
Submit Question
arrow_forward
S11-11 Accounting for warranty expense and warranty payable
Learning Objective 3
Trail Runner guarantees its snowmobiles for three years. Company experience
indicates that warranty costs will be approximately 5% of sales.
Assume that the Trail Runner dealer in Colorado Springs made sales totaling
$600,000 during 2018. The company received cash for 20% of the sales and
notes receivable for the remainder. Warranty payments totaled $10,000 during
2018.
Requirements
1. Record the sales, warranty expense, and warranty payments for the
company. Ignore cost of goods sold.
2. Assume the Estimated Warranty Payable is $0 on January 1, 2018. Post
the 2018 transactions to the Estimated Warranty Payable T-account. At
the end of 2018, how much in Estimated Warranty Payable does the
company owe?
arrow_forward
What is the correct answer A thru D
arrow_forward
Problem 1 – Smith College has a fiscal year end of 6/30/22 and runs summer session classes from 6/1/22
to 8/31/22. The following are selected transactions of Smith College;
6/1/22 Smith College collects $300,000 tuition for the 2022 summer session
6/1/22 Smith College collects $1,000,000 tuition for the Fall 2022 semester
6/1/22 to 6/30/22 Smith College pays $2,000 to faculty teaching in the summer session
7/1/22 to 8/31/21 Smith College pays $4,000 to faculty teaching in the summer session
Required:
Prepare the journal entries for the above transactions assuming Smith College is a private sector
not for profit college
Prepare the journal entries for the above transactions assuming Smith College is a State college
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education
Related Questions
- Crop a question SIM ? 11:00 AM A elearning.ju.edu.jo The future value of $200 received today and deposited at 8 percent compounded semi-annually for three years is Select one: a. $352 b. $158 C. $253 d. $380 Previous page Next page Quiz navigation 4. 6. Finish attempt. Go Time left 0:19:14 IIarrow_forward-et: Mod x * CengageNOWv2 | On x * Cengage Learning B Milestone Two Guidel x G module 5 problem set x om/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=. O eBook Show Me How Journalizing Installment Notes On the first day of the fiscal year, a company issues $52,000, 11%, five-year installment notes that have annual payments of $14,070. The first note payment consists of $5,720 of interest and $8,350 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. If an amount box does not require an entry, leave it blank. b. Journalize the first annual note payment. If an amount box does not require an entry, leave it blank. Previous Next Check My Work. 3:34 P 56°F Mostly cloudy A O E O 40 11/28/2 (田arrow_forward17.39 .. 90 PROBLEMS OF SEMESTER FINAL TEST 2021 Word es Mailings Review View Help O Tell me what you want to do Aa - AaBbCeDd AaBbCcl AaBbCcDe AaBbCcDe AaBt Heading 2 Heading 3 T Normal I No Spac. Headin Paragraph Styles 4.5.6 7 8.. 9. • 10. 11 12. 13. 14. 15.I Thursday : January 21, 2021 --- 80 Minutes 1. In this section we examine three theories of investor preference: The dividend irrelevance theory. The "bird in the hand" theory, the tax preference theory, which theory is the best? What is the different of stock dividends, stock splits, and stock repurchase. 2. In the working capital management, we know about cash conversion cycle model. For problem if average inventories are $3 million and sales are $11 million. If receivables are S 657.535 and sales are S 11 million. Then, if its cost of goods sold are $9 million per year and if its accounts payable average $ 657.535. What is the length of the cash conversion sicle? 3. The ELGRAJO Corporation has capital structure as follow…arrow_forward
- Topic 4 Homework Close Date: Wed, Sep 29, 2021, 11:59 PM Question 9 of 15 If the margin on an item is 22.00%, calculate the rate of markup of the item. Round to two decimal places if necessary SAVE PROGRESS SUBMITASarrow_forwardNew tab x Content x Quiz 3-MAT-143, section 03F, Fax + https://www.webassign.net/web/Student/Assignment-Responses/last?dep=34832472 a A ✰ DETAILS MY NOTES ASK YOUR TEACHE A newspaper editor starts a retirement savings plan in which $225 per month is deposited at the beginning of each month into an account that earns an annual interest rate of 6.4% compounded monthly. Find the value of this investment (in dollars) after 20 years. (Round your answer to the nearest cent.) $ DETAILS MY NOTES ASK YOUR TEACHI logo design company purchases four new computers for $12,500. The company finances the cost of the computers for 3 years at an annual interest rate of 5.175% compounded monthly. Find the month ayment (in dollars) for this loan. (Round your answer to the nearest cent. See Example 8 in this section.) Submit Assignment Home My Assignments Request Extension Copyright © 1998-2024 Cengage Learning, Inc. All Rights Reserved | TERMS OF USE PRIVACY 12:03 PMarrow_forwardhttps://sfdr.owschools.com/owsoo/studentAssignment/index?eh=65534403 SSIGNMENTS Assignment - 1. Credit Scores and Loans Attempt 1 of 1 COURSES SECTION 3 OF 4 QUESTION 1 4 8 You get a personal loan of $5,000 with 12% simple interest too be paid over 30 months. What is your monthly payment? O $150.00 O $166.67 O $216.67 O $175.00 NEXT QUESTION O ASK FOR HELP TURN IT IN e to search Pause T H K B N M Alt Ctarrow_forward
- все Google Chrome - D... My Learning Progre... N Northwestern Univ... Solution Manual Fo... Business Law Question 28 of 40 View Policies Show Attempt History < Current Attempt in Progress X Your answer is incorrect. 0/0.3 Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.90 percent annually to help you go to graduate school. Starting next year, and for the following four years, he plans to deposit $2,350, $8,600, $7,200, $6,600, and $12,150 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, e.g. 15.25.) Future value at end of five years eTextbook and Media Save for Later Using multiple attempts will impact your score. 20% score reduction after attempt 2 Q Search 41719.11 GUND Attempts: 1 of 3 used Submit Answerarrow_forwardWhat is the answer A thru D?arrow_forwardTOPIC: ENGINEERING ECONOMICS SPECIFIC INSTRUCTION: Solve each problem NEATLY and SYSTEMATICALLY. Show your COMPLETE solutions and BOX your final answers. Express all your answers in 2 decimal places. PROBLEM: Find the exact and ordinary interest on Php 5,000 at 19 % for 30 days.arrow_forward
- AHEAD | Login FA_21BUS101A-END-SEM ASSIGI X https://aheadonline.amrita.edu/courses/34/assignments/2033?module_item_id=9674 Discussions 1. From the following Trial balance , you are require to prepare the final accounts for the year ended 31st December 2020. Grades Particulars Amount (Dr) Amount(Cr) 4,80,000 Сapital Drawings Land & Building People 1,35,000 4,50,000 Pages Account Creditors 3,15,000 Files Plant& Machinery 1,20,000 Purchase returns 7,950 Syllabus Bills receivable 18,000 Dashboard Sales 6,54,000 Quizzes Opening stock 1,20,000 1,53,000 78,000 1,500 3,000 1,14,000 10,200 79,800 1,35,000 3,600 6,000 18,000 11,850 Courses Modules Purchase Wages Carriage outwards Carriage inwards Salaries Calendar Discount Inbox Bank balance Debtors Bad debts Sales returns Furniture Advertisements Total 14,56,950 14,56,950 Adjustments: Stock on 31st December,2020 is Rs. 1,05,000 Machinery & Furniture to be depreciated @ 10%. Wages outstanding is Rs. 4,50O Prepaid Advertisement is Rs.1,500 A…arrow_forwardB ch01 (Fall 2021 w https://education.wiley. B Present Value Tables (1. Final Exam (Fall 2020) - Final Exam (Fall 2020) -/6 Question 24 of 50 View Policies Current Attempt in Progress Sheridan Manufacturing Company expects the following sales in January, February, and March: Cash Credit Sales Sales $50900 $250500 January February $45900 $240500 March $85000 $325000 The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month after sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from customers in March? O $352150 O $364675 O $410000 O $279675 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air esc 888 FT F2 F3 F4 F5 F6 F7 F8 @ # 2$ 4 & * 6. 7 8. Q Warrow_forwardFMfcgxwLsmmztLTTFHnxfgtfwHRqwdvc?projector=18&messagePartld=0.3 Homework Assignment #3 Due in drop box 4/8 by 11:59 p.m. Chapter 6 2. John Walters is comparing the cost of credit to the cash price of an item. If John makes an $80 down payment and pays $35 a month for 24 months, how much more will that amount be than the cash price of $685? 5. A work-at-home opportunity is available in which you will receive 3 percent of the sales for customers you refer to the company. The cost of your "franchise fee" is $600. How much would your customers have to buy to cover the cost of this fee? Chapter 7 7. Which mortgage would result in higher total payments? Mortgage A: $985 a month for 30 years Mortgage B: $780 a month for 5 years and $1,056 for 25 years end F12 home prt sc F10 F6 F7 F8 F9 F11 F3 F4 F5 %23 % 5 6 7 8 9arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Essentials Of InvestmentsFinanceISBN:9781260013924Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.Publisher:Mcgraw-hill Education,
- Foundations Of FinanceFinanceISBN:9780134897264Author:KEOWN, Arthur J., Martin, John D., PETTY, J. WilliamPublisher:Pearson,Fundamentals of Financial Management (MindTap Cou...FinanceISBN:9781337395250Author:Eugene F. Brigham, Joel F. HoustonPublisher:Cengage LearningCorporate Finance (The Mcgraw-hill/Irwin Series i...FinanceISBN:9780077861759Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan ProfessorPublisher:McGraw-Hill Education
Essentials Of Investments
Finance
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:9780134897264
Author:KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:Pearson,
Fundamentals of Financial Management (MindTap Cou...
Finance
ISBN:9781337395250
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i...
Finance
ISBN:9780077861759
Author:Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:McGraw-Hill Education