You have $6,000 and will invest the money at an interest rate of .23 percent per month until the account is worth $11,200. How many years do you have to wait until you reach your target account value?

Brusewitz Drilling has annual sales of $96,700, a net profit margin of 7.45 percent, and a payout ratio of 40 percent. The firm has $11,500 of debt and owners’ equity of $31,200. What is the internal growth rate for this firm assuming the payout ratio remains constant?

Rick deposited $3,200 into an account 13 years ago for an emergency fund. Today, that account is worth $5,540. What annual rate of return did Rick earn on this account assuming no other deposits and no withdrawals?

You expect to receive $3,800 upon your graduation and will invest your windfall at an interest rate of .57 percent per quarter until the account is worth $5,275. How many years do you have to wait until you reach your target account value?

For the past year, Pellicier, Incorporated, had depreciation of $2,419, beginning total assets of $23,616, and ending total assets of $21,878. Current assets decreased by $1,356. What was the amount of net capital spending for the year?

The Green Giant has a 5 percent profit margin and a 36 percent dividend payout ratio. The total asset turnover is 1.4 times and the equity multiplier is 1.4 times. What is the sustainable rate of growth?

Arora Jewelry owns the building in which it conducts business. The building cost $647,000 to purchase and is currently appraised at $819,000. The fixtures inside the building originally cost $148,000 and are currently valued at $65,000. The inventory has a book value of $319,000 and a market value equal to 1.1 times the book value. The shop expects to collect 96 percent of its $21,700 in accounts receivable. The shop has $26,800 in cash and total debt of $414,700. What is the market value of its equity?

The winner of the first annual Tom Morris Golf Invitational won $160 in the competition which was held in 1910. In 2015, the winner received $1,570,000. If the winner’s purse continues to increase at the same interest rate, how much will the winner receive in2044?

The outstanding bonds of Pingale, Incorporated, provide a real rate of return of 3.6 percent. If the current rate of inflation is 2.68 percent, what is the actual nominal rate of return on these bonds?

Caston’s zero coupon bonds have a market price of $318.46, a face value of $1,000, and a yield to maturity of 6.69 percent. How many years is it until these bonds mature? Assume semiannual compounding.