Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an interest rate of 8.5 percent. how many years will it take cromwell enterprises to pay for this purchase

Assume that the following balance sheet portrays the state of the banking system. The banks currently have no excess reserves.

In evaluating the effectiveness of your training program you use a design that compares trainees with a group of employees who have not received the training. You have used what type of design to evaluate your training?

If a home mortgage has a term of 15 years and a payment of $1,000, what is the loan amount? (assume that there are no interest-free mortgages) a. $180,000 b. Less than $180,000 c. $200,000 d. $360,000

You hold a diversified portfolio consisting of many different common stocks with a total market value of $100,000. The portfolio beta is equal to 1.15. You have decided to sell one of your stocks, a lead mining stock whose beta is equal to 0.

Your friend is worried about saving enough money for college he wants to research different situations. What would you advise him to do? What websites would you recommend?

The balanced scorecard approach uses only financial measures to evaluate performance. uses rather vague, open statements when setting objectives in order to allow managers and employees flexibility.

In the open economy of Sildavia, government spending during 2005 was $30 billion, consumption was $70 billion, taxes were $20 billion, and GDP was $100 billion.

Ridiculousness, Inc., has sales of $49,000, costs of $22,600, depreciation expense of $2,150, and interest expense of $1,900. If the tax rate is 21 percent, what is the operating cash flow, or OCF?

A common measure of liquidity is a. the accounts receivable turnover. b. dividends per share of common stock. c. the asset turnover ratio. d. the profit margin.

Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Amazon $1 par value common stock in the future at a price equal to the fair value of the stock at the date of the grant.