Project #7632 - Finance

 

You need $3,000 to buy a new stereo for your car. If you have $1,200 to invest at 6% compounded annually, how long will you have to wait to buy the stereo? 

 

You have the following data for a company. The return on assets (ROA) = 9% and Return on equity = 15%; Earnings before taxes = $50,000; Total asset turnover = 1.2; Profit margin = 7.5%; Tax rate = 35%. What is the debt ratio of the company?

Subject Mathematics
Due By (Pacific Time) 06/10/2013 02:36 pm
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