You invested $12,000 in a mutual fund at the beginning of the year when the NAV was $28.60. Four months later, the fund paid $0.30 in short-term distributions and $0.55 in long-term distributions. If the NAV of the fund at the end of the year was $31.95, what was the percentage effective annual rate of return (EAR) on your investment?

You purchase 3,200 bonds with a par value of $1,000 for $985 each. The bonds have a coupon rate of 6.4 percent, paid semiannually, and mature in 8 years.a). How much will you receive on the next coupon date?b). How much will you receive when the bonds mature?

What is a significant predictor of success?  *Answer should be 1-2 sentences

Alex Martinez is single and earned $214,500 in taxable income. Using the following tax rates table, calculate Alex’s total income taxes. What is the average tax rate? What is the marginal tax rate?Taxable Income Range ($)Tax Rate0 – 11,00010%11,000 – 44,72512%44,725 – 95,37522%95,375 – 182,10024%182,100 – 231,25032%231,250 – 578,12535%578,125 and above37%

The 2025 balance sheet of Redwood Supply Co. reported current assets of $4,880 and current liabilities of $2,140. The 2026 balance sheet reported current assets of $5,460 and current liabilities of $2,980. What was the company’s 2026 change in net working capital (NWC)?

Panda Logistics, Inc., has sales of $71,800, operating costs of $28,600, depreciation expense of $3,200, and interest expense of $2,100. If the tax rate is 24 percent, what is the operating cash flow (OCF)? (Hint: First construct the income statement.)

Suppose a company’s cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign?

The following balance sheet information is available for Atlas Manufacturing, Inc. Shareholders’ equity is the residual. Assume no preferred stock or treasury stock. Construct balance sheets for both 2025 and 2026.Item2025 ($)2026 ($)Current assets2,7403,020Net fixed assets8,4608,880Current liabilities1,3601,510Long-term debt3,9503,180

What incentives do managers in large corporations have to maximize share value?

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