What is their inventory turnover ratio?

Your bank offers you the following APRs.  Which one would have the highest EAR?  6% annually  5.96% semi-annually  5.86% quarterly

You are purchasing a new car for $35,000 and have been given a promotional offer by the dealership which allows you to purchase the vehicle using 0% APR financing on a 60 month loan.   You had intended to use your credit union, which had agreed to finance the car at 9.6% APR, but you certainly now prefer to accept the dealership’s offer.  How much did you save by taking the 0% APR deal?

List two disadvantages, and two advantages of a corporate form of business in comparison to sole proprietorships or partnerships.

When one shareholder sells stock to another buyer, the transaction is said to occur in the ___________?

Which of the following would not be useful in eliminating agency problems within a firm?

What is the role of the firm’s board of directors in managing the firm, and what are the three legally obligated responsibilities they have to carry out? 

Suppose that you make a deposit into a savings account at the end of every month for the next two years.  This account pays 6% compounded monthly, and at the end of the two years, you have $5,000.  How much would your monthly deposit have to be?

You have $10,000 that you want to invest for the next five years, at which point you need to use it to buy a car worth $15,000.  What annual interest rate do you need to earn in order to reach that goal?

What will be the balance in retained earnings at the end of 2008?