with what kind of vocabulary should a person be famillar for reading the balance sheet of a restaurant easily

Related Questions

• Your parents will retire in 27 years. They currently have $360,000 saved, and they think they will need $2,400,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Round your answer to two decimal places.
• A bicycle tire company performed a web-based study of a popular tire retail price over time. The study indicated that price is set at $16.00 per tire, it was expected to increase to $19.00 over the next 5 years a. Determine the annual rate of inflation over 5 years to increase the price from $16.00 to $19.00. b. Determine the market interest rate that must be used in economic equivalence computations if inflation is considered and an 8% per year real interest rate is expected by this company.
• A class-action suit against a utility company resulted in a settlement of $2.8 million for 81,000 customers. If the legal fees, which must be paid from the settlement, are $600,000, what amount will each plaintiff receive?
• All else constant, a bond will sell at _____ when the yield to maturity is _____ the coupon rate.
• Suppose that the government provides a subsidy for the consumption of higher education. The equilibrium price of higher education will be ___________ with the subsidy than without because the demand curve with the subsidy will lie to the ______________ of the demand curve without the subsidy.
• EA8. LO 2.2Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15 2,00 units are produced. What are the fixed costs per unit when 12,000 units are produced?
• Suppose the current spot rate for the Norwegian kroner is $1 = NKr6.6869. The expected inflation rate in Norway is 6 percent and in the U.S. it is 3.1 percent. A risk-free asset in the U.S. is yielding 4 percent. What risk-free rate of return should you expect on a Norwegian security? A.4.5 percent B.4.0 percent C. 6.9 percent D. 5.0 percent E. 3.5 percent
• You purchased a bond for an invoice price of $1,080. This bond has a coupon rate of 9.6 percent, pays semiannual coupons, and has a par value of $1,000. There are five months until the next coupon date. What is the clean price of the bond?
• Open-end mutual funds are the most common type of investment company. Which of the following statements characterize these funds? Check all that apply. A. Make automatic reinvestment easy. B. Allow shareholders to convert shares from one fund to another within the same fund family. C. Always publicly traded on exchanges. D. Good choices only if you have lots of capital to invest. E. Convenient to own but difficult to set up.
• Net working capital is defined as: a. current liabilities minus shareholders' equity. b. total liabilities minus shareholders' equity. c. fixed assets minus long-term liabilities. d. current assets minus current liabilities.e. total assets minus total liabilities.