Finance Question?
Question:
A)No, the stock is overpriced.
B)Yes, the stock is expected to return more than you require.
C)No, the percentage return on the stock is too high, thus it is too risky.
D)Not enough information is given.
If a corporation has operating income of $10,500,000 and it receives $245,000 in interest income and $312,000 in dividend income, what is the firm's taxable income?
A)$11,057,000
B)$9838,600
C)$10,812,000
D)$10,838,600
If you want to have $2,500 in 54 months, how much money must you put in a savings account today? Assume that the savings account pays 3.8% and it is compounded quarterly.(round to the nearest $10)
A)$330
B)$1,500
C)$2,110
D)$2080
what ever it is the Democrats will tax it.
No stock grows forever - don't believe the hype.
D.
Well at least that was the first answer. You dont even have enough information to answer that question.
Second question is bizzare because maybe you are using money that has been taxed. The question makes no sense and none of the answers have. What is taxable what isnt?
Third question. You say its compounding interest quarterly. Doesnt matter I still need to know if its simple interest per day or compounding per day.
Youre questions make no sense. I guess thats why they pay our teachers 20,000 a year.
The answer is D for everything. I dont have enough information to answer any of your question. Besides the first one.
If these are real questions your teach is an idiot.
1. As last year it only paid 6.25%, then no and probably c)
2. 11057000
3. 1300 gives you 2543.87 after 54 months so none of them.
I do hope that you are not basing investment decisions on my responses.
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