Task III A. Use the above situation to complete parts A1 through A4: 1. Provide an algebraic representation of the account balance (y) for each of the two savings plans. X= Months Y= Account Balance Saving Plan A (Y2) with initial balance of 400 Y1 = (20)X+ 400 Saving Plan B (Y2) with initial balance of 600 Y2= (10)X + 600 2. Solve the system of equations algebraically to determine when the two savings plans yield identical balances and state this balance.
years. | | The step-by-step calculation is: P | = | S(1 + rt)-1 | | | = | 400,000(1 + 0.0892 x 0.24657534...)-1 | | | = | 400,000 x 0.97847883... | | | = | $391,391.53 | Rounded as last step | b)You are correct. When the first bill matures at time 90 days, the investor purchases a second bill. We must find the purchase price of the second bill. This can be displayed on a time line: | | | | | $P | $400,000 | | | | | | 0 | 90 | 180 | 270 | | | | | | | | | P | = | price | = | unknown | | S | = | Maturity value | = | $400,000 | | r | = | Simple interest rate (decimal) | = | 9.16 | 100 | | = | 0.0916 | | t | = | Time period (years) | = | 90 | 365 | | = | 0.24657534... years.
Financial Analysis Project Go to the Cango intranet http://myphlip2.pearsoncmg.com/masteringbusiness/cango/ and pull the financial statements. Use these to fill out the table found in Doc Sharing labeled Financial Analysis Project. Ratio | Formula(express the ratio in words) | Detailed Calculation(actual numbers from the financial statements used for the calculation) | Final number(Final result of the detailed calculation) | Explanation of why it is important | Efficiency RatioReceivable Turnover | sales/accounts receivables | 51,000,000/33,000,000 | 1.5455 | Shows the sales average of the accounts receivables | Efficiency RatioInventory Turnover | Sales/Inventory | 51,000,000/32,000,000 | 1.5938 | Shows how many times CanGo inventory sold and replaced over a period. |
Calculate the PAYG instalment income and the instalment due to the ATO. Complete the BAS Summary boxes below. Using a general journal format, explain how the payment transaction would be recorded in the accounting system. Supplies you have made Total sales & income & other supplies including capital (GST inclusive) G1 Exports Other GST-free supplies Input taxed sales & income & other supplies ADD G2 + G3 + G4 G1 minus G5 G6 Adjustments (must be total transaction value, i.e. GST inclusive) ADD G6 + G7 Divide G8 by eleven G9 66 191 728 100 G2 G3 Acquisitions you have made Capital acquisitions (GST inclusive) All other acquisitions (GST inclusive) ADD G10 + G11 Acquisitions for making input taxed sales & income & other supplies Acquisitions with no GST in the price Total estimated private use of acquisitions + non-income tax deductible acquisitions ADD G13 + G14 + G15 G7 G8 0 728 100 G12 minus G16 Adjustments (must be total transaction value, i.e.
K12_1821161 $100 Answer from 4 Jan 9, 2014 1:03:23 PM Page 36. Blackboard Collaborate ?? K12_1821161 $200 Question from 4 Jan 9, 2014 1:03:23 PM Page 37. Blackboard Collaborate ?? K12_1821161 $200 Answer from
Use the report pages below to record your data. Answer questions A-G found on pages 46 and 47. Name: _________________________ Lab 2 Report Data: Data Table 1: Length Measurements | Object | Length (cm) | Length (mm) | Length (m) | CD or DVD | 12.1 cm | 121 mm | .121 m | Key | 5.1 cm | 51 mm | .051 m | Spoon | 16.1 cm | 161 mm | .161 m | Fork | 18.5 cm | 185 mm | .185 m | NOTE: The instructions indicate to measure the objects to “one degree of uncertainty.” The degree of uncertainty is a property of the instrument used. All three recorded values will have the same precision. On page 29 is the explanation of uncertainty.
Chapter 6 8. 1. The parameters of the opportunity set are: E(rS) = 15%, E(rB) = 9%, sS = 32%, sB = 23%, r = 0.15, rf = 5.5% From the standard deviations and the correlation coefficient we generate the covariance matrix [note that Cov(rS, rB) = rsSsB]: Bonds Stocks Bonds 529.0 110.4 Stocks 110.4 1024.0 The minimum-variance portfolio proportions are: wMin(B) = 0.6858 The mean and standard deviation of the minimum variance portfolio are: E(rMin) = (0.3142 × 15%) + (0.6858 × 9%) = 10.89% = [(0.31422 × 1024) + (0.68582 × 529) + (2 × 0.3142 × 0.6858 × 110.4)]1/2 = 19.94% % in stocks % in bonds Exp. return Std dev. 00.00 100.00 9.00 23.00 20.00 80.00 10.20 20.37 31.42 68.58 10.89 19.94 Minimum variance
Problems Answer Grade Problem-1 a x+y=56 /3 b x+y=56 x+3x=56 56/4= 14 x=14 56-14=42 y=42 check 14+42=56 or 14+(14*3)=56 /3 c before we use elimination, we simplify the second equation by dividing by 25,000: new equation for b): 7x + 8y = 288 in order to eliminate a variable, multiply the first equation by -7: new equation for a): -7x + -7y = -266 Elimination: add the two equations and the x's cancel out: y = 22 x = 38-22 = 16 /3 d For the first equation, the intercepts are (56, 0) and (0,56). The intercept for the second equation is (0, 0). The lines would intersect at (14, 42) /3 Problem-2 a x+y=38 /3 b $175,000x+$200,000y=$7,200,000 /3 c Before we use elimination, we simplify the second equation
Analyzing Financial Statements Carolyn Johnson HSM/260 August 17, 2014 Kevin Bottomley Analyzing Financial Statements This paper will calculate ratios for: current ratio, long-term solvency, contribution, programs and expense, general and management expense, and revenue and expense, for the years 2002-2004 and the importance of the ratios and whether XYZ Corporation have improved on their finances within the three years. Next, fixed cost, variable cost and breakeven points will be calculated for the years 2002-2004. We will discuss the purpose, advantages, disadvantages, and type of feedback provided by a line item, performance, and program budget. Finally, we will describe two types of traditional approaches and two types of non-traditional
The number of terms is n=10, the first term is a1=525, the common ratio is r = 1.05. Although the initial balance is $500, a1 = $525 because the first term of the sequence is at the end of the first year, so it must include the interest on the $500. The ending balance can now be found An = a1(rn-1) A10 = 525(1.05)9 A10 = 525(1.55132822) A10 = 814.447316 814.447316 can be rounded to 814.45, thus showing that the ending balance after 10 years is $814.45. The formula to solve this problem was found on page 229 in in Mathematics in Our World (Bluman,