Blog

Long-term liabilities are only liabilities that are due in a period longer than five years.

Tom purchased 40 shares of WolfPack Inc. for $98 per share 50 days ago. During the holding period, the company paid a dividend of $0.60 per share. Today, Tom sold the shares for $93 each. What is Tom’s holding period return (HPR)?Hint: Enter your answer with two decimal places. For example, enter 12.34 for 12.34%

Tom purchased 40 shares of WolfPack Inc. for $86 per share 50 days ago. During the holding period, the company paid a dividend of $0.60 per share. Today, Tom sold the shares for $93 each. What is Tom’s holding period return (HPR)?Hint: Enter your answer with two decimal places. For example, enter 12.34 for 12.34%

What key feature distinguishes stocks (equities) from other forms of capital like bonds?

Record the following adjustment for Sweet Dreams Chocolatiers Ltd. (“Sweets”):  December 31: $7,000 of service revenue related to catering jobs had been completed in December but had not yet been billed to customers. Date Account Titles Debit Credit Dec 31 #1 7000     #2   7000   When choosing account names, refer to the listing of accounts that was provided at the top of this section. Ensure you spell the account name properly.

Moneypenny Inc. has bonds outstanding with a $1,000 face value and 10 years left until maturity. James purchased these bonds 2 years ago for $885. The bonds pay semi-annual interest at an annual coupon rate of 5.4%. Due to an emergency cash need, James now has to sell the bonds and can do so for $750. What is his annualized realized yield on this investment? Hint: Enter your answer as a percentage rounded to two decimal places.

The BlazeBerry Spark credit card charges an annual interest rate (APR) of 28%, with interest compounded daily. What is the effective annual rate (EAR) on this card? Hint: Assume 365 days in a year. Enter your answer rounded to two decimal places.

Golden Tiger Trading recently reported annual net income of $265,000 and has 120,000 shares outstanding. The company paid out 70% of its earnings as dividends. They do not plan to change the dividend policy and plan to keep the dividend per share constant in the near future. If investors require a 14% return, what is the fair value of the company’s stock? Enter your answer as a dollar amount rounded to two decimal places.

Poorly controlled maternal diabetes results in placental changes that can cause which of the following fetal consequences:

Green Dolphin Sailing recently reported net income of $98,000 and paid an annual dividend of $0.64 per share. The company has 120,000 shares outstanding and total equity of $520,000. What is the company’s sustainable growth rate?Enter your answer as a percentage rounded to two decimal places.