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Ace Custom Metal has annual sales of $56,900 and is currently operating at 86 percent of capacity. What is the level of sales at full capacity?Ace Custom Metal has annual sales of $56,900 and is currently operating at 86 percent of capacity. What is the level of sales at full capacity

New Gadgets, Incorporated, currently pays no dividend but is expected to pay its first annual dividend of $5.15 per share exactly 6 years from today. After that, the dividends are expected to grow at 4 percent forever. If the required return is 11.8 percent, what is the price of the stock today?

Keidis Industries will pay a dividend of $4.05, $5.15, and$6.35 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $58.00 per share. The return on similar stocks is 11.4 percent. What is the current stock price?

Theresa adds $1,500 to her savings account on the first day of each year. Marcus adds $1,500 to his savings account on the last day of each year. They both earn 6.5 percent annual interest. What is the difference in their savings account balances at the end of 35 years?

One year ago, the Jenkins Family Fun Center deposited $3,900 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,700 to this account. They plan on making a final deposit of $7,900 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a rate of return of 8 percent?

What is the future value of $8,500 invested at the end of each year for 40 years, at 10.8 percent interest compounded annually?

Corner Supply has a current accounts receivable balance of $246,000. Credit sales for the year just ended were $2,430,000. How many days, on average, did it take for credit customers to pay off their accounts during this past year?

Micro, Incorporated, started the year with net fixed assets of $75,550. At the end of the year, there was $97,050 in the same account, and the company’s income statement showed depreciation expense of $13,460 for the year. What was the company’s net capital spending for the year?

You are examining a company’s balance sheet and find that it has total assets of $21,156, a cash balance of $2,424, inventory of $5,169, current liabilities of $6,341, and accounts receivable of $2,935. What is the company’s net working capital?

Qiaochu purchased a parcel of land costing $67,900. Today, that land is valued at $64,800. How long has she owned this land if the price has been decreasing by 1.5 percent per year?