Traci Howard
Accounting 326
Noah Kaufman
Oct. 21, 2011
Article Review- Indian Accounting Firm Is Fined $7.5 Million Over Fraud at Satyam
In a case involving Satyam Computer Services, an Indian company, the United States
Securities and Exchange Commission
Question 1
1 / 1 point
If you invest $27,299 today at an interest rate of 9.83 percent, compounded daily, how much money will you have in your savings
account in 23 years?
Round the answer to two decimal places.
Answer:
261,764.61
Question 1 / 1
2
point
T
Question 1
1 / 1 point
To what amount will the following investment accumulate?
$3,172, invested today for 37 years at 6 percent, compounded annually.
Round the answer to two decimal places.
Answer:
27,393.67
Question 1 / 1
2
point
You placed $5,699 in a
Question 1
1 / 1 point
To what amount will the following investment accumulate?
$4,721, invested today for 33 years at 3 percent, compounded annually.
Round the answer to two decimal places.
Answer:
12,521.67
Question 1 / 1
2
point
You placed $7,024 in a
Question 1
1 / 1 point
What is the accumulated sum of the following stream of payments?
$21,458 every year at the beginning of the year for 5 years, at 3.71 percent, compounded annually.
Round the answer to two decimal places.
Answer:
119,838.76
Question
Question 1
1 / 1 point
You are given an investment to analyze. The cash flows from this investment are
End of year
1. $3,050
2. $3,000
3. $29,340
4. $14,250
5. $9,640
What is the present value of this investment if 5 percent per year is the appropriate di
Question 1
1 / 1 point
All Star Corp.'s stock price at the end of last year was $137.93. The companys earnings per share for the last year were $11.26.
Calculate companys P/E ratio.
Round the answer to two decimal places.
Answer:
12.25
Question 1 / 1
2
po
Question 1
1 / 1 point
How many years will the following take?
$346 to grow to $21,130 if invested at 17.07 percent, compounded annually.
Round the answer to two decimal places.
Answer:
26.09
Question 1 / 1
2
point
Upon graduating from college, you make a
Current Ratio
Question 1
0 / 1 point
Canadian Bacon Inc. financial statements are presented in the table below.
Based on the information in the table, calculate the firms current ratio.
Round the answers to two decimal places
Balance Sheet December 31, 20
Question 1
1 / 1 point
What is the accumulated sum of the following stream of payments?
$1,051 every year at the end of the year for 14 years at 9.32 percent, compounded annually.
Round the answer to two decimal places.
Answer:
27,986
Question 1 / 1
2
poi
any statutory controls on production, price, distribution, raw material,
etc? Is there any major legal constraint? What are the government
policies on the industry (domestic as well as related to imports and
exports of the final products and raw materials
BA 340 Midterm 1 Solutions Multiple Choice 1. 2. 3. 4. 5. 6. A B C D B D 2000 ln EAR = (1+0.05/4)^4 1 = 5.095%. 800 = 18.44 n= ln(1 + 0.05095) 1,000,000 r = - 1 = 6.7% 75,000 4.5% - 3.2% = 1.3% We cannot determine the maturity premium for the 20-yr bond b
BA 340 Quiz 1 Solution 04/12/06 1. You have just made your first $2000 contribution to your individual retirement account. Assuming you can earn an 8% rate of return and make no additional contributions, what will your account be worth when you retire in
BA 340 Quiz 2 Solutions 04/19/06 1. Mr. and Mrs. Smith have determined that they need $40000 per year during their retirement years in order to live comfortably. They expect to retire 10 years from now and expect to have a 20-year retirement period. How m
BA 340 Quiz 3 05/03/06 Use the following information about stocks A and B to answer the questions: State Probability Boom .6 Bust .4 Payoff on A 10 6 Payoff on B 13 2
The payoffs represent prices at the end of the year for each of the two stocks. The curr
BA 340 Quiz 4 Solution 05/10/06 1. If the following bonds have the same required rates of return, what is the price of bond B? Assume semi-annual coupon payments. Bond A Face value Annual coupon rate Years to maturity Price $1,000 0% 20 $300 Bond B $1,000
BA 340 Quiz 5 solutions 05/10/06 1. (3 points) Findgold Corp. is a company that has significant growth prospects in the short-term. The company executives announced to the media that dividends are expected to grow at 20% per year for the next four years;
balance sheet analysis? 20. Explain the concept of interpretation and
criticism of financial statements? 21. What are the objectives of financial
statements? 22. Explain the various ways of presentation of financial
statements. 23. How will you interpret
Inventory Turnover Ratio.
Question 1
1 / 1 point
Canadian Bacon Inc. financial statements are presented in the table below.
Based on the information in the table, calculate the firms inventory turnover ratio.
Round the answers to two decimal places
Balanc