Ch3 HW - X= 400,000 600,000(12%) = 72,000 18%/12% = 1.5%...

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Ashley Vogelsang September 12, 2008 Chapter 3 HW E3.2 A - $4,800 x 5.5% x 6/12 = $132 interest earned B - 300/4800 = 0.0625 = 6.25% for 6 months C – If the friend puts her money into a savings account she will earn $132 in interest, with a total  of $4,932. If the friend loans the money to Judy and Judy repays her $5,100 you will be making  more money. I would suggest my friend loan money to Judy, as long as she trusts that Judy will  pay her back the amount she claims she will.  E3.5 A –  18% = 12% (72,000) 600,000 600,000                            X
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Unformatted text preview: X= 400,000 600,000(12%) = 72,000 18%/12% = 1.5% 600,000/1.5 = 400,000 B Sales = $1,235,000 (950,000 x 1.3) Margin = 6.3% (78,000/1,235,000) ROI = 8.2% (6.3 x 1.3) C Margin = 3.5% (7.37/2.1) P3.13 A-2009 Working capital = $5 ($14-$9) Assets Liabilities Current ratio = 1.6% ( $14/$9) Assets/Liabilities 2008 Working capital = $12 ($18-$6) Current ratio = 3.0% ($18/$6) B-In 2009 the firm had a liquidity of 0.89% and in 2008 they had a liquidity of 0.45%, thus making them more liquid in 2008. C C3.17...
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This note was uploaded on 09/28/2008 for the course ACCT 301 taught by Professor Stevens during the Spring '08 term at MD University College.

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Ch3 HW - X= 400,000 600,000(12%) = 72,000 18%/12% = 1.5%...

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