Lawn Care, Incorporated, has sales of $367,400, costs of $18…

Lawn Care, Incorporated, has sales of $367,400, costs of $183,600, depreciation of $48,600, interest of $39,200, and a tax rate of 21 percent. The firm has total assets of $328,700, long-term debt of $62,400, and current liabilities of $76,300. What is the return on equity?

One year ago, the Jenkins Family Fun Center deposited $3,900…

One year ago, the Jenkins Family Fun Center deposited $3,900 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,700 to this account. They plan on making a final deposit of $7,900 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a rate of return of 8 percent?

Travis International has a debt payment of $2.34 million tha…

Travis International has a debt payment of $2.34 million that it must make 6 years from today. The company does not want to come up with the entire amount at that time, so it plans to make equal monthly deposits into an account starting 1month from now to fund this liability. If the company can earn a return of 5.33 percent compounded monthly, how much must it deposit each month?