QUESTION:   Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanent current assets. In addition, the firm has $600,000 invested in fixed assets. a. Lear wishes to finance all fixed assets and half of its permanent current assets with long-term financing costing 10 percent. Short-term financing currently costs 5 percent. Lear’s earnings before interest and taxes are $200,000. Determine Lear’s earnings […]

Assignment 2: Be Careful What You Sign   Sudson Washer and Dryer Service is in the business of leasing used washers and dryers to apartment landlords for a contracted lease term. The coin-operated machines are used by apartment tenants. Letisha, 25, a human resource clerk, owns a five-unit apartment complex. While she resides in one of the units, the others are occupied by tenants. Sudson […]

Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $950.97. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,072.73, what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. […]

Assignment 4 The word education is absent from the U.S. constitution. Based on this fact, how is Federal involvement in public education justified? Briefly discuss the two major questions commonly pondered regarding Federal funding of public education: a) How much- what percentage of the total education budget should be federally funded?  B) How-block grants, categorical or general aid? Briefly describe the following federal initiatives and […]

Question 1 History proves that:   A. Countries with low rates of money growth have high rates of inflation B. Money growth and inflation are not related C. Countries with high rates of money growth have high rates of inflation D. Money growth rates equal inflation rates   Question 2 Consider the following ratio: the average annual inflation rate/theaverage annual money growth rate. If a […]

QUESTION :    1. Firm A has $10,000 in assets entirely financed with equity. Firm B also has $10,000 in assets, but these assets are financed by $5,000 in debt (with a 10 percent rate of interest) and $5,000 in equity. Both firms sell10,000 units of output at $2.50 per unit. The variable costs of production are $1, and fixed production costs are $12,000. (To […]

Select a publicly traded U.S. corporation for which you have a common interest.   A. Prepare an overview of the company, incorporating the following points:       History of the company       History of the industry           Types of products or services offered       Rank in the particular industry that it operates       Discussion of the competition        New potential products of the company on the horizon […]

The Christie Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding(DSO) on its cash flow cycle. Christie’s sales last year(on all credit)were $150,000,and it earned a net profit of 6%, or$9,000. It turned over its inventory   7.5 times during the year,and its DSO was 36.5 days.Its annual cost of goods sold was $121,667.The firm had assets   […]

Critical Thinking:  Positive Communication and You Attitude. As manager of a customer service center, you want to help improve communications between employees and customer. In this assignment, compose an email to be sent to all CSR (customer service representatives) explaining the concept of You Attitude and Reader benefits. In a Formal Email explain the concepts and encourage the employees to plan, write and revise their email […]

  Need by 29 Oct 2015 by 2300hrs EST in 400-600 words   Although companies do usually train Customer Service Representatives (CSRs) initially, technology changes and certain best practices are further developed in a company, prompting refresher courses and retraining or additional training that may be necessary. Since training can be expensive for companies to conduct between CSRs having to be taken out of the […]