What is the future value of $2,800 per year for 20 years at an interest rate of 6.87 percent?

Flex Company just paid total dividends of $625,000 and reported additions to retained earnings of $1,875,000. The company has 535,000 shares of stock outstanding and a benchmark PE of 15.5 times. What stock price would you consider appropriate?

Powell’s has net income for the most recent year of $24,650 and a combined federal and state tax rate of 24 percent. The firm paid $1,800 in total interest expense and deducted $2,900 in depreciation expense. What was the cash coverage ratio for the year?

Qiaochu purchased a parcel of land costing $67,900. Today, that land is valued at $64,800. How long has she owned this land if the price has been decreasing by 1.5 percent per year?

Coulter Supply has a total debt ratio of .46. What is the equity multiplier?

Echo Point has sales of $2,800, total assets of $1,900, and a debt-equity ratio of .5. Its return on equity is 15 percent. What is the net income?

Howell Corporation deposited $12,000 in an investment account one year ago for the purpose of buying new equipment. Today, it is adding another $15,000 to this account. The company plans on making a final deposit of $10,000 to the account one year from today and plans to purchase the equipment four years from today. Assuming an interest rate of 5.5 percent, how much cash will be available when the company is ready to buy the equipment?

Ace Custom Metal has annual sales of $56,900 and is currently operating at 86 percent of capacity. What is the level of sales at full capacity?Ace Custom Metal has annual sales of $56,900 and is currently operating at 86 percent of capacity. What is the level of sales at full capacity

You have just received an offer in the mail from Friendly Loans. The company is offering to loan you$4,000 with low payments of $70 per month. If the interest rate on the loan is an APR of 14.1 percent compounded monthly, how long will it take for you to pay off the loan?

Which one of the following is most likely to be a fixed cost?