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?

Bob has saved $535 each month for the last 3 years to make a down payment on a house. The account earned an interest rate of .34 percent per month. How much money is in Bob’s account?

McKusker and Trout has annual sales of $649,200, cost of goods sold of $389,400, interest of $23,650, depreciation of $121,000, and a tax rate of 21 percent. What is the cash coverage ratio for the year?

All else constant, a(n) ______ will increase the internal rate of growth.

Park Resources has sales of $687,400, cost of goods sold of $454,200, and a net profit margin of 5.5 percent. The balance sheet shows common stock of $324,000 with a par value of $5 a share, and retained earnings of $689,500. What is the price-sales ratio if the market price is $43.20 per share?

Financial plans generally tend to ignore:

Knightmare, Incorporated, will pay a dividend of $5.85, $9.95, and$13.15 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of10.8 percent on the company’s stock. What is the current stock price?