Assignment 1
\nPrinciples of Finance (FIN101)<\/p>\n
Assignment Questions:\t\t\t\t\t\t(Marks: 15)<\/p>\n
1.\tA company had cash and marketable securities worth $200,000 accounts payables worth $51,000, inventory of $1,501,500, accounts receivables of $5,288,128, short-term notes payable worth $220,000, other current liabilities of 100,000, and other current assets of $121,800. Calculate the company net working capital and describe how managers manage the firm working capital. (2 Marks)<\/p>\n
2.\tYour parents have given you $1,500 a year before your graduation so that you can take a trip when you graduate. You wisely decide to invest the money in a bank CD that pays 7% interest. You know that the trip costs $1600 right now and that inflation for the year is predicted to be 3%. Will you have enough money in a year to purchase the trip? Show your calculations. (2 Marks)<\/p>\n
3.\tIf the following financial information related to XYZ Company. Total Revenues last year $970, depreciation expenses $50, costs of goods sold $450, and interest expenses $55. At the end of the year, current assets were $121 and current liabilities were $107. The company has an average tax rate of 35%. Calculate the net income for XYZ Company by setting up an income statement. (2 Marks)<\/p>\n
4.\tCalculate the common-size balance sheet from the following information for the company: (2 Marks)<\/p>\n
Cash\t50,000\tAccts\/Pay\t25,800
\nAcct\/Rec\t60,000\tAccrued expenses\t30,000
\nInventories\t200,500\tShort-term N\/P\t9,700
\nTotal Current assets\t310,500\t Current liabilities\t65,500
\nNet fixed assets\t132,000\tLong-term debt\t150,000
\nTotal assets\t442,500\t Total liabilities \t215,500
\nOwner’s equity\t227,000
\nTotal liabilities and owners\u2019 equity\t442,500<\/p>\n
5.\tTen years ago, Amanda Cortez invested $20,000 in an account paying an annual interest rate of 5%. What is the value of the investment today? What is the interest on interest earned on this investment? (2 Marks)<\/p>\n
6.\tYou have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity? (2 Marks)<\/p>\n
7.\tXXX company has forecast a rate of return of 20% if the economy booms (30% probability); a rate of return of 19% if the economy in in a growth phase (40% probability); a rate of return of 2.50% if the economy in in decline (20% probability); and a rate of return of -10% if the economy in a depression (10% probability). What is the company standard deviation of returns? (3 Marks)<\/p>\n","protected":false},"excerpt":{"rendered":"
Assignment 1 Principles of Finance (FIN101) Assignment Questions: (Marks: 15) 1. A company had cash and marketable securities worth $200,000 accounts payables worth $51,000, inventory\u2026<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1463,7667,7669,7657,7663,7662,2751,7665,7664,1468,7666,7659,7660,7661,7658,1465],"tags":[687,116,117,121,125,8905,114,8902,8906,118,8908,8,115,62,8903,71,33,36,119,4,124,122,8904,7,77,50,105,123,8907],"class_list":["post-96189","post","type-post","status-publish","format-standard","hentry","category-best-nursing-paper-writing-service","category-buy-bsn-nursing-papers-online","category-buy-dnp-nursing-papers-online","category-healthcare-management-assignment-help-from-experts","category-help-my-assignment","category-ireland-assignment-help","category-online-healthcare-assignment-help","category-online-nursing-essay","category-online-nursing-paper-writers","category-online-nursing-papers","category-online-public-healthcare-assignment-help","category-online-tutors-helps","category-sample-assignment","category-top-essay-writing","category-urgent-assignment-helper","category-write-my-nursing-paper","tag-assignment-help-website","tag-best-essay-writing-service","tag-best-nursing-essay-writing-service","tag-best-nursing-essay-writing-services","tag-biology-essay-writing-service","tag-book-essay-title-generator","tag-healthcare-essay-writing-service","tag-help-me-write-my-essay","tag-help-write-my-essay","tag-medical-assignment-writing-services","tag-medical-essay-assignment-writi","tag-medical-essay-writing-service","tag-medical-essay-writing-service-online","tag-medical-paper-writing-service","tag-need-help-writing-an-essay","tag-nursing-answers","tag-nursing-essay-help","tag-nursing-essay-writing-examples","tag-nursing-essay-writing-services","tag-nursing-paper-writing-services-reviews","tag-nursing-writing-acers","tag-nursing-writing-helps","tag-online-essay-help-chat","tag-online-nursing-essay-writing-service","tag-pay-for-nursing-essay","tag-please-write-my-essay","tag-professional-medical-writing-services","tag-reliable-online-nursing-assignment-help","tag-write-my-essay-for-me"],"_links":{"self":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/96189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/comments?post=96189"}],"version-history":[{"count":0,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/posts\/96189\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/media?parent=96189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/categories?post=96189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.studyproessays.com\/help\/wp-json\/wp\/v2\/tags?post=96189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}