All else constant, which one of the following will result in the lowest present value of a lump sum?

Bad Company, Incorporated, has a major outlay of $2.1 million that is needed to renovate the company’s manufacturing facility. Because the company’s management is conservative, it won’t undertake the renovation until it has the cash necessary to fund the renovation. The company plans to deposit $158,000 each quarter into an account that will earn 2.15 percent per quarter. How many years will it be until the company has the money saved for the renovation?

Matsumoto Training has sales of $705,000, depreciation of $17,600, interest expense of $2,090, costs of $144,000, and a tax rate of 21 percent. What is the operating cash flow for the year?

Bourne Freestyle has cost of goods sold of $92,511, interest expense of $4,608, dividends paid of $3,200, depreciation of $14,568, an increase in retained earnings of $11,920, and a tax rate of 21 percent. What is the operating cash flow?

Thom owes $5,600 on his credit card. The credit card carries an APR of 17.6 percent compounded monthly. If Thom makes payments of $185 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?

Home Parties is paying an annual dividend of $1.78 every other year. The last dividend was paid last year. The firm will continue this policy until two more dividend payments have been paid. Three years after the last normal dividend payment, the company plans to pay a final liquidating dividend of $32 per share. What is the current market value of this stock if the required return is 14.7 percent?

You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5 percent, compounded annually. How much money will you have 8 years from now?

The relationship between the return on assets and the return on equity is identified by the:

This morning, Clayton deposited $2,500 into an account that pays 5 percent interest, compounded annually. Also this morning, Jayda deposited $2,500 at 5 percent interest, compounded annually. Clayton will withdraw his interest earnings and spend it as soon as possible. Jayda will reinvest her interest earnings into her account. Given this information, which one of the following statements is true?

The Scene Shop had operating cash flow of $48,450. Depreciation was $6,700 and interest paid was $2,480. A net total of $2,620 was paid on long-term debt. The firm spent $24,000 on fixed assets and decreased net working capital by $1,330. What was the amount of the cash flow to stockholders?