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A proposed project has cash flows of $2,000, $X, $1,750, and $1,250 at the end of Years 1 to 4. The discount rate is 7.2 percent and the present value of the four cash flows is $6,669.25. What is the value of X, the Year 2 cash flow?

Happy Pets has annual sales of $328,000 with 8,000 shares of stock outstanding. The firm has a net profit margin of 4.5 percent and a price-sales ratio of 1.20. What is the firm’s price-earnings ratio?

The Distribution Point plans to save $2,000 a month for the next 3 years for future emergencies. The interest rate is 4.5 percent compounded monthly. The first monthly deposit will be made today. What would today’s deposit amount have to be if the firm opted for one lump sum deposit that would yield the same amount of savings as the monthly deposits after 3 years?

You want to purchase a new motorcycle that costs $26,800. The most you can pay each month is $530 over the life of the 72-month loan. What is the highest APR that you could afford?

Ghost Riders Company has an EPS of $1.47 that is expected to grow at 6.7 percent per year. If the PE ratio is 17.35 times, what is the projected stock price in 6 years?

Voltanis Corporation has preferred stock outstanding that will pay an annual dividend of $2.85 every year in perpetuity. If the stock currently sells for $92.87 per share, what is the required return?

Your firm has net income of $324 on total sales of $1,200. Costs are $670 and depreciation is $120. The tax rate is 21 percent. The firm does not have interest expenses. What is the operating cash flow?

Thom owes $7,200 on his credit card. The credit card carries an APR of 18.4 percent compounded monthly. If Thom makes payments of $225 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?

A loan that calls for periodic interest payments and a lump sum principal payment is referred to as a(n) ____ loan.

Lawn Care, Incorporated, has sales of $367,400, costs of $183,600, depreciation of $48,600, interest of $39,200, and a tax rate of 21 percent. The firm has total assets of $328,700, long-term debt of $62,400, and current liabilities of $76,300. What is the return on equity?