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If you sell a bond with a coupon of 6 percent to a dealer when the market rate is 7 percent, which one of the following prices will you receive?

A firm has inventory of $29,406, accounts receivable of $46,215, net working capital of $4,507, and accounts payable of $48,919. What is the quick ratio?

You want to buy a new sports car for $55,000. The contract is in the form of a 60-month annuity due at an APR of 5.6 percent compounded monthly. What will be your monthly payment?

Cheng & Cronin Equipment has $878,000 in sales and $913,000 of total assets. The firm is operating at 93 percent of capacity. What is the capital intensity ratio at full capacity?

One of your customers has just made a purchase in the amount of $20,800. You have agreed to payments of $375 per month and will charge a monthly interest rate of 1.17 percent. How many months will it take for the account to be paid off?

You feel that you will need $2.9 million in your retirement account and when you reach that amount, you plan to retire. You feel you can earn an APR of 10.9 percent compounded monthlyand plan to save $410 per month until you reach your goal. How many years will it be until you reach your goal and retire?

The Tumbler has current liabilities of $350,000, a quick ratio of 1.65, inventory turnover of 4.7, and a current ratio of 2.9. What is the cost of goods sold?

A note is generally defined as:

You have just won the lottery and will receive a lump sum payment of $23.45 million after taxes. Instead of immediately spending your money, you plan to deposit all of the money into an account that will earn 5.5 percent. If you make equal annual withdrawals for the next 40 years, how much can you withdraw each year starting exactly one year from now?

For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 5.8 percent per year. Currently, the stock is selling for $68 per share and has a required return of 8.6 percent. What is the dividend yield?