Abraham finds the juicer he wants to buy at two different stores. The discount store regularly offers it at three quarters of the retail price, and they also have a $10 off coupon running. The kitchen store regularly offers it at retail price, but they have a 50% off coupon. He calculates that the juicer would be the same price at either store. What is the retail price of the juicer?
Q: Sorry but correct answer =31470.44, can you do it using formulas no tables, please
A: To find the total fund the insurer needs to hold today, we need to calculate the present value of…
Q: Mackenzie received a 5.75% nonsubsidized 15 year student loan for $22,000. Assume she graduates in 4…
A: A non-subsidized loan is a type of loan that accrues interest from the time the loan is disbursed…
Q: Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest…
A: Return on Investment: Return on Investment calculates the profit or loss based on the capital…
Q: In relation to a convertible arbitrage trade in general, carefully explain what is meant by the…
A: Convertible arbitrage is a popular trading strategy that involves buying a convertible bond and…
Q: David Bach, author of Start Late, Finish Rich, recommends paying yourself first, cutting small…
A: The FV of an investment refers to the accumulated amount of cash flows after they are assumed to…
Q: Vigour Pharmaceuticals Ltd. is considering investing in a new production line for its pain-reliever…
A: Initial cost includes the cost of equipment, installation cost and increase in net working capital.…
Q: What are the different aspects of personal finance? Discuss the each of the aspects.
A: Personal finance refers to the management of an individual's financial resources, including their…
Q: The local high school soccer club need to borrow to finance a new soccer field. Repayment of the…
A: First, we need to determine the loan amount by using a PV of deferred annuity formula. Using the PV…
Q: Ken spent 1/4 of his money and an additional $6 on a number of CDs. He then spent 3/5 of the…
A: Let the amount now be “X’, Amount spent on CD is x/4+$6. Amount spent on magazine is “(X-X/4)*3/5 +…
Q: Annuity due. Reginald is about to lease an apartment for 12 months. The landlord wants him to make…
A: The discount rate refers to the interest rate that is used for discounting the values of future…
Q: can you solve the apr and effective rate without excel ?
A: Solution:- When an equal amount is paid each period, it is known as annuity. We know, present value…
Q: Jarett & growth rate is 8% a year. a. What is the company's cost of common equity if all of its…
A: The return a business must obtain in trade for a specific investment or project is known as the cost…
Q: Kevin Jones, of Elon, North Carolina, is single and recently graduated from law school. He is…
A: Data given: Salary=$9,100 Federal income tax=$1,700 state income taxes=$520 Medicare and Social…
Q: A financial analyst draws a cash flow diagram to model the following scenario. A 90-day commercial…
A: Note: 365 days convention is used in the calculation for accurate answers Here, Initial cash outflow…
Q: Thomas just bought a new Ford F-150 for his business. The price of the vehicle was $35035. Thomas…
A: A loan is a financial arrangement in which one or more people, companies, or other entities lend…
Q: Your friend offers to pay you an annuity of $7,700 at the end of each year for 3 years in return for…
A: Cash flow, C = $7700 No. of periods, n = 3 rate of interest, i = 5.5%
Q: Discuss the findings of Malkiel (1992) essay ‘Efficient market hypothesis’ in the New Palgrave…
A: Burton Malkiel's essay on the Efficient Market Hypothesis (EMH) in the New Palgrave Dictionary of…
Q: When the zero curve is decreasing, which of the followings is true? a) The two-year zero rate, R(0,…
A: Several statements have been presented showing relationship between the zero rates and forward…
Q: Analysts at Sky West Airlines did a 3 year projection of expenses. They calculated that the company…
A: To solve this question we will apply the concept of time value of money. The future cash…
Q: Liam plans to print the Scenarios section of the Loan Calculator Prepare for printing as follows:…
A: In the first scenario, Liam is considering borrowing additional money to renovate the Charles Street…
Q: A company borrowed $13,000 paying interest at 5% compounded semi-annually. If the loan is repaid by…
A: Amortization: It represents the process of paying off the loan amount in equal installments…
Q: Angelica received a 12 year non-subsidized student loan of $12,000 at an annual interest rate of…
A: Loan: It illustrates the amount given by the lender to the borrower. The borrower makes interest…
Q: Consider the following Price and Dividend data for General Electric Company: Dividend ($) Date…
A: Dividend yield is calculated using following equation Dividend yield = Dividend paidPurchase or…
Q: Vigour Pharmaceuticals Ltd. is considering investing in a new production line for its pain-reliever…
A: Initial Cash Flow: It represents the cash outflow required to purchase an asset like equipment.…
Q: The market price of a stock is $24.09 and it just paid a dividend of $1.73. The required rate of…
A: The market price of the stock (P0) is $24.09. The dividend paid (D0) is $1.73. The required rate of…
Q: You have been hired as consultants to research, report and present to a senior management team…
A: the answers to the questions are given below
Q: How much do you need to save each year for 30 years in order to have $775,000, assuming you are…
A: Time = t = 30 years Future value = fv = $775,000 Interest rate = r = 8%
Q: The average number of boys in 1A, 1B and 1C is 18. This is 4 more than the average number of girls…
A: Average number of boys = 18 Total number of boys = 18 × 3 = 54 This is 4 more than the average…
Q: The Federal Reserve System publishes three definitions of money because different assets vary in the…
A: True, the Federal Reserve System publishes three definitions of money, known as monetary aggregates:…
Q: Donations in cash are easy to measure. What is the treatment that not-for-profit organizations use…
A: Not-for-profit organizations (NPOs) are organizations that are established for purposes other than…
Q: Hi can i calculate the value of a firm by discounting the Unlevered net incomes?
A: The DCF analysis involves projecting the firm's future unlevered net income and then discounting…
Q: Which of the following statements is true? O Increasing dividends will always decrease the stock…
A: A dividend is a distribution of profits by a company to its shareholders. It is a portion of the…
Q: Please explain how to solve this problem using the Financial Calculator buttons. Or formula a 5-year…
A: Information Provided: Semiannual payments = $6000 Period of annuity = 5 years Interest rate = 11%…
Q: (b) An investor invested his wealth into three bonds for 7 years. The following table shows the…
A: The internal rate of return (IRR) is the rate that the investment is anticipated to generate. It is…
Q: You are trying to decide whether to buy stock in Company X or Company Y. Both companies need $1,000…
A: Formula : Expected return on equity = (Return on equity in worst case + Return on equity in best…
Q: We are selling our temperature control beverage thermos at $18. This is a 40% profit margin. What…
A: Profit margin is a financial metric used to measure the profitability of a company or product. It is…
Q: A 25-year bond issue of 4,800,000 and bearing interest at 3% payable annually is sold to yield 2.6%…
A: Assume the face value of the bond is $1,000. The number of outstanding bonds is 4,800,000. The…
Q: our sister just deposited $5,000 Into an investment account. She belleves that she will earn an…
A: The concept of time value of money will be used here. Since future value has to be computed we will…
Q: Even though most corporate bonds in the United States make coupon payments semiannually, bonds…
A: Bond: It is financial security issued to raise debt capital by the issuer. The bondholder…
Q: A 20-year annuity of forty $7,000 semiannual payments will begin 9 years from now, with the first…
A: Here,
Q: The Bowers have a mortgage with National Trust Bank. The bank requires that the Bowers pay their…
A: Monthly payment for property taxes = Semi-annual property tax billNumber of months in semi-annual…
Q: Vigour Pharmaceuticals Ltd. is considering investing in a new production line for its pain-reliever…
A: Initial cost includes the cost of equipment, installation cost and increase in net working capital.…
Q: Andres Michael bought a new boat. He took out a loan for $24,420 at 3.5% interest for 2 years. He…
A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…
Q: Emma wants to donate $1,000,000 to establish a fund to provide an annual scholarship in perpetuity.…
A: Annual rate "r" is 5% number of compounding "m"= 4 Present value of the donation amount = $1000000…
Q: The company decided to borrow a one-time loan of $100,000 in Jan 2023 to launch a marketing campaign…
A: Monthly payment refers to an amount that is paid every month for the payment of loan amount…
Q: Taking into consideration all the information given, determine the Net Present Value of the…
A: In order to calculate the net present value which is important Matrix in the budgeting decisions…
Q: E-Loan, an online lending service, recently offered 60-month auto loans at 4.2% compounded monthly…
A: Loan: It represents the amount provided by the lender to the borrower as the borrowed amount. The…
Q: The Allens are considering buying a house and need to figure out what they can afford and what a…
A: Back-end Debt to Income ratio computes all monthly payments as a % of the gross monthly income. We…
Q: 1.suppose a bond has 4 years to maturity and a coupon rate of 6 percent. the bonds yield to maturity…
A: We need to use bond price formula below. Bond Price(PV) =PMT1-1(1+i)ni +FV(1+i)n where PMT…
Q: Give typing answer with explanation and conclusion Purchasers of which of the following are…
A: When a company declares a dividend, it sets a record date, which is the date on which the company…
Step by step
Solved in 2 steps
- Amir has a $2 off coupon for his favorite sub shop. To get the deal, he must buy a 6”sandwich and chips, a soda, or a cookie. His favorite sub costs $5.50, and he can addchips for $0.75, a soda for $1.25, or a cookie for $1.50. If he really wants the soda, howmuch will his bill beThe Lafayette Band Boosters purchased insulated tumblers to sell for a profit. They paid $15 for each tumbler and plan to sell them for $20 each. If they ordered 300 tumblers, how many do they have to sell in order to break even?Assume you decide to sell printed T-shirts for $12 each. Your research suggests you can buy plain T-shirts for $5 each. Printing would entail a front-end, fixed fee of $120 for the screen and another $0.75 per printed T-shirt. Your initial advertisement yields orders for 100 T-shirts. You then invest $900 in the venture, purchase plain T-shirts and the screen, and get the T-shirts printed (suppliers require you pay for all expenses in cash). By the end of your first week in business, all T-shirts are ready for sale. Customers with orders totaling 50 T-shirts pick up their T-shirts in that first week. But, of the 50 T-shirts picked up, only 25 are paid for in cash. For the other 25, you agree to accept payment next week. Using accrual accounting, what is inventory at the end of the first week?
- A local pizza shop owner decides to hire an economic consultant to help him set his prices. Currently, one slice of pizza costs $2 and the store sells about 800 slices per week. The pizza shop's current revenue from sales is equal to $____. The economic consultant estimates that the price elasticity of demand is equal to -0.25, and suggests that the shop owner should increase the price of a slice of pizza by $0.50; that is, the consultant recommends increasing the price of pizza by ____%. The consultant claims that doing so would (a. Increase b. Decrease or C.have no effect on)_____ the number of slices sold by ____% or ____ slices. As a result, the economist predicts that the new revenue would be ____ Thus as a result of the increase in the price there is ____ in revenue. This is due to the fact that the pizza shop owner was operating on the ____ portion of the demand curve. (fill in the blanks)As a consumer, you are always in the lookout for sales, coupons, and rebates. While shopping for new clothes, you notice that one particular brand of shirt is on sale for 20% off the original price. You also have a coupon for $10 of a $40 purchase. Coupons are applied after the 20% discount is taken. If each shirt originally cost $17.99, how many shirts would you need to buy to be able to use your coupon? Show your work.Upon hearing that Ross White is considering the producing the brackets in-house, thesupplier has notified Ross that the purchase price would drop from $15 per bracket to$14.50 per bracket if Ross purchase the brackets in lots of 1000. i) What is the total annual cost of inventory if Ross buys the brackets in lots of 1000 at $14.50 each? ii) Given the options of purchasing the brackets at $15 each, producing them in house at $14.80, and taking advantage of the discount, what is your recommendation to Ross White?
- Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $50, and the cost per carton is $40. The unit sales will increase from 1,150 cartons to 1,210 per month if credit is granted. Assume all customers pay their bills and take full advantage of any credit period offered. a. If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If the interest rate is 1.5% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) c. Assume the interest rate is…Jefferson owns a new music label. They sign artists and help them record and distribute their music. It cost them $400 for marketing, music production and engineering for every 200 CDs they make. They sell CDs for $5 each to the artist (for them to sell at their gigs). Each year they have $5,000 of recurring expenses. In this scenario, match the appropriate variable in the break-even equation on the left to the correct value on the right. (note: you may need to do some math to arrive at the correct #) Price Fixed cost variable cost. .. .Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $60, and the cost per carton is $45. The unit sales will increase from 1,010 cartons to 1,070 per month if credit is granted. Assume all customers pay their bills and take full advantage of any credit period offered. a. If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers?
- Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $60, and the cost per carton is $45. The unit sales will increase from 1,010 cartons to 1,070 per month if credit is granted. Assume all customers pay their bills and take full advantage of any credit period offered. a. If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) If the interest rate is 1.5% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) Assume the interest rate is 1.5% per month but the firm…Suppose your company sells a 3 pack of lenses that attach to smart phones to improve the quality of pictures people take. You pay 29.95 for each 3 Pack and sell them for 59.95. What is hyour Cost of Goods Sold Perrcentage for htis item? Suppose you sell 8,000 of the 3 pack of lenses described in question 3 above in one year. Your cost on each 3 pack is 29.95 and you sell them for 59.95. If your operating expenses for the year total 144,080, what are your net income and net profit margin percentage?Microbiotics currently sells all of its frozen dinners cash-on-delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $170, and the cost per carton is $100. The unit sales will increase from 1,120 cartons to 1,180 per month if credit is granted. Assume all customers pay their bills and take full advantage of any credit period offered. a. If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If the interest rate is 1.5% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers? (Do not round intermediate calculations. Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) c. Assume the interest rate is 1.5% per…