Shopping Cart
Your shopping cart is empty!
Categories
BUSN 380 Week 7 Problem Set 7
$6.00

BUSN 380 Week 7 Problem Set 7

This Tutorial was purchased 2 times & rated No rating by student like you.

 

This Tutorial contains following Attachments

  • BUSN 380 Week 7 Problem Set 7.docx

Problem Set 7

 

1.    Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund.

Total assets          $225,000,000

Total liabilities      5,000,000

Total number of shares 4,400,000

 

 

 

2.  Calculating the Rate of Return of Investment Using Financial Leverage. Suppose Shaan invested just $10,000 of his own money and had a $90,000 mortgage with an interest rate of 8.5 percent. If after three years he sold the property for $120,000.

    a. What is his gross profit?

 

b. What is his net profit/loss?  

 

c. What is the rate of return on investment?  

 

 

3.   Shelly’s assets include money in the checking and savings accounts, investments in stocks and mutual funds, personal property, such as furniture, appliances, an automobile, coin collection and jewelry.  Shelly calculates that her total assets are $108,800.  Her current unpaid bills, including an auto loan, credit card balances, and taxes total $16,300.  

Calculate Shelly’s net worth.

 

4.    Barry and his wife Mary have accumulated over $4 million during their 45 years of marriage.  They have three children and five grandchildren.

 

A- How much money can Barry and Mary gift to their children in 2008 without any gift tax liability?

 

B- How much money can Barry and Mary gift to their grandchildren?

 

 

C- What is the total amount of estate removed from Barry and Mary’s estate?

Ans.

 

5.   Dave bought a rental property for $200,000 cash. One year later, he sold it for $240,000. 

 

A- What was the return on his $200,000 investment? 

 

B- Suppose Dave invested only $20,000 of his own money and borrowed $180,000 (interest free from his rich father). What was his return on investment?

Write a review

Order Id


Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Tutorials
$6.00

This Tutorial was purchased 4 times & rated A+ by student like you.

This Tutorial contains 2 Projects   In this assignment, we will learn how to buy a car and figure out whether it is priced at or below market value. F..
$6.00

This Tutorial was purchased 5 times & rated A+ by student like you.

This Tutorial contains 2 Papers     SCENARIO Scenario Summary After a number of years of planning, you have made the decision to evaluate the potential purchase&n..
$6.00

This Tutorial was purchased 3 times & rated No rating by student like you.

This Tutorial contains 2 Projects   Using your income from your current job or using income from a future job that you are planning on having after graduating&..
$6.00

This Tutorial was purchased 1 times & rated No rating by student like you.

1. (TCOs 6 and 7) The Capitalist Mutual Fund's portfolio is valued at $48 million. The fund has liabilities of $4 million, and the investment company sponsoring t..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

1. (TCO 4) If a home inspection reveals defective house wiring, then this is an example of a (Points : 1)          threat.    &nb..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 1) _____ is the first phase of the consumer buying process. (Points : 1)          Gathering information      ..
$6.00

This Tutorial was purchased 3 times & rated A by student like you.

1. (TCO 5) Which of the following statements is false?  No one is going to make you save the money; you need to start a program. To be useful, invest..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 5) If an investment objective is short term, this means that the goal should be achieved in what time frame?         L..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. Question : (TCO 5) Which of the following statements is false?   No one is going to make you save the money; you need to start a program. To&nb..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

1. _____ is a good example of a closed-end credit.        A credit card issued by a department store        A credit card is..
$6.00

This Tutorial was purchased 2 times & rated A by student like you.

1. (TCO 3) _____ is a good example of a closed-end credit.          A credit card issued by a department store        &..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. Question : (TCO 3) Examples of _____ include automobile and installment loans for purchasing furniture or appliances.   a line of credit  a credit card l..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. (TCO 2) In order to best compare the earnings for different savings plans, one can refer to each plan's         discounted present ..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

Question 1. 1. (TCO 2) This type of tax is assessed on specific goods and services at the time of purchase.          Estate    &n..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

BUSN 380 Week 1 Quiz Set 2   The danger of lost buying power during times of rising prices is referred to as  inflation risk. economic risk. personal ri..
$6.00

This Tutorial was purchased 2 times & rated B+ by student like you.

BUSN 380 Week 1 Quiz Set 1   Question 1. Question : (TCO 1) When a person faces a trade-off and must give up something by making a choice,  this is&nb..
$6.00

This Tutorial was purchased 3 times & rated No rating by student like you.

Problem Set 3    1.   Louise McIntyre’s monthly gross income is $2,000. Her employer withholds $400 in federal, state, and local income taxes and $160 in&..
$6.00

This Tutorial was purchased 2 times & rated No rating by student like you.

TCO 2 - Problem Set 2 - Tax Fundamentals; Cash Management; Distinctions among Financial Institutions   1. Thomas Franklin arrived at the following tax information: Gross ..
$3.00

This Tutorial was purchased 3 times & rated No rating by student like you.

TCO 1 Time value of money relationships & applications; opportunity costs; personal financial statements -Problem Set 1   1. Ben Collins plans to buy a house f..
Busn380Study © 2017 All Rights Reserved.Powered by:Webzindagi.