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?

A stock currently sells for $81. The dividend yield is 3.5 percent and the dividend growth rate is 4.8 percent. What is the amount of the dividend to be paid in one year?

You want a seat on the board of directors of Zeph, Incorporated. The company has 205,000 shares of stock outstanding and the stock sells for $78 per share. There are currently 5 seats up for election. If the company uses cumulative voting, how much will it cost you to guarantee that you will be elected to the board?