Acme Corporation’s financial statements show the company’s net income this year is $10,000, its total liabilities equal $100,000, and its debt ratio is 80 percent. What is Acme’s return on assets (ROA)?  

Which of the following statements about the characteristics of an amortized loan is incorrect?

Reliable Refinery (RR) must raise $26 million to stay in business. RR’s investment banker will charge 4 percent of the total amount issued to help the firm raise the funds. Other costs associated with the issue will be $46,000. How much stock, bonds, or both must RR issue to net $26 million after paying all issuing (flotation) costs?

The balance sheet for Penelope’s Organic Pies (POP) shows $600,000 in total assets and $400,000 in total liabilities. POP has no preferred stock. If POP’s return on assets (ROA) is 4 percent, what is its return on equity (ROE)?

Jan is committed to investing $8,000 in her retirement account at the beginning of each year for the next 40 years. The first investment will be made later today. If the investment will earn 6.8 percent, compounded annually, to the nearest dollar, how much will Jan’s investment be worth in 40 years?

A firm’s balance sheet shows

Teri wants to invest a lump-sum amount today so she has $15,000 available in four (4) years to pay for renovations she plans to make to her house. If she can invest at 8.4 percent, compounded monthly, how much must she invest today to meet her goal?

Hypoxemia causes which of the following?     I.  Pulmonary vasoconstriction     II. Systemic vasoconstriction    III. Pulmonary vasodilation    IV. Systemic vasodilation

Everything else equal, which of the following actions represents a use of funds for a firm during a particular accounting period?

A combination estrogen/progesterone (HRT) can be prescribed for menopausal women for all of the following concerns EXCEPT: