Average number of people waiting in queue is considered a counter statistic.

The financial statements of Burnaby Mountain Trading Company are shown below. EFG Corp.Income Statement 2018 Sales $7,000,000 Costs of Goods Sold 5,000,000————————- Gross Profit $2,000,000 Selling and Administrative Expenses 1,500,000————————- EBIT $500,000 Interest Expense 250,000————————– Income Before Tax $250,000 Taxes $100,000———————— Net Income $150,000   EFG Corp.Comparative Balance Sheets 2018 2017 Cash $90,000 $80,000 Accounts Receivable 810,000 800,000 Inventory 800,000 720,000 Total Current Assets ———————$1,700,000 ——————–$1,600,000 Fixed Assets 2,600,000——————— 2,400,000     ——————-  Total Assets $4,300,000 ___________________ $4,000,000 __________________ Accounts Payable $500,000 $400,000 Bank Loans 100,000———————- 100,000———————- Total Current Liabilities $600,000 $500,000 Long-term Bonds 400,000———————- 300,000———————- Total Liabilities $1,000,000 $800,000 Common Stock (20,000 shares) 500,000 500,000 Retained Earnings 2,800,000———————– 2,700,000———————- Total Equity $3,300,000———————– $3,200,000———————- Total Liabilities and Equity $4,300,000 $4,000,000 Note: The common shares are trading in the stock market for $27 each. Refer to the financial statements of EFG Corp. The firm’s times-interest earned ratio for 2018 is _________. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx

Assume  the Chinese Yuan ***decreases*** in value against the U.S. dollar. In such case, we should expect the Chinese computer manufacturer ZhongGuo-Tech to either _____________ on its U.S. sales.

The financial statements of GOLDEN Corp. are shown below.   GOLDEN Corp.Income Statement 2018 Sales $9,300,000 Cost of Goods Sold 5,750,000 Depreciation Expense 550,000———————– Gross Profit $3,000,000 Selling and Administrative Expenses 2,200,000———————– EBIT $800,000 Interest Expense 200,000———————– Income before Tax $600,000 Taxes 375,000———————– Net Income $225,000   GOLDEN Corp.Comparative Balance Sheets 2018 2017 Cash $50,000 $40,000 Accounts Receivable 570,000 600,000 Inventory 530,000 460,000 Total Current Assets ———————$1,150,000 ——————–$1,100,000 Fixed Assets 2,050,000——————— 1,400,000     ——————-  Total Assets $3,200,000 ___________________ $2,500,000 __________________ Accounts Payable $320,000 $300,000 Bank Loans 480,000———————- 400,000———————- Total Current Liabilities $800,000 $700,000 Long-term Bonds 1,500,000———————- 1,000,000———————- Total Liabilities $2,300,000 $1,700,000 Common Stock (100,000 shares) 200,000 200,000 Retained Earnings 700,000———————– 600,000———————- Total Equity $900,000———————– $800,000———————- Total Liabilities and Equity $3,200,000 $2,500,000 Note: The common shares are trading in the stock market for $15 per share.Refer to the financial statements of GOLDEN Corp. The firm’s P/E ratio for 2018 is _________.

A T-bill quote sheet has T-bill with maturity [t] days from today. The bid is [bid] and the ask is [ask]. If the bill has a $10,000.00 face value, an investor could buy this bill for $________. *Please state your answer rounding to the nearest two decimals. *Remember banks use Bank Discount Yield, and thus 360-basis. There is no need to convert to Bond Equivalent Yield (365-day basis).

Assume  the Chinese Yuan ***decreases*** in value against the U.S. dollar. In such case, we should expect the Chinese computer manufacturer ZhongGuo-Tech to either _____________ on its U.S. sales.

FB has reported a net income of $[ni] for the year. The company’s share price is $[price], and the company has [shares] shares outstanding. Compute the firm’s price-earnings ratio. Round your final answer to the nearest two decimals if needed. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx

The financial statements of GOLDEN Corp. are shown below.   GOLDEN Corp.Income Statement 2018 Sales $9,300,000 Cost of Goods Sold 5,750,000 Depreciation Expense 550,000———————– Gross Profit $3,000,000 Selling and Administrative Expenses 2,200,000———————– EBIT $800,000 Interest Expense 200,000———————– Income before Tax $600,000 Taxes 375,000———————– Net Income $225,000   GOLDEN Corp.Comparative Balance Sheets 2018 2017 Cash $50,000 $40,000 Accounts Receivable 570,000 600,000 Inventory 530,000 460,000 Total Current Assets ———————$1,150,000 ——————–$1,100,000 Fixed Assets 2,050,000——————— 1,400,000     ——————-  Total Assets $3,200,000 ___________________ $2,500,000 __________________ Accounts Payable $320,000 $300,000 Bank Loans 480,000———————- 400,000———————- Total Current Liabilities $800,000 $700,000 Long-term Bonds 1,500,000———————- 1,000,000———————- Total Liabilities $2,300,000 $1,700,000 Common Stock (100,000 shares) 200,000 200,000 Retained Earnings 700,000———————– 600,000———————- Total Equity $900,000———————– $800,000———————- Total Liabilities and Equity $3,200,000 $2,500,000 Note: The common shares are trading in the stock market for $15 per share.Refer to the financial statements of GOLDEN Corp. The firm’s P/E ratio for 2018 is _________.

An investor pays $[price] for a bond. The bond has an annual coupon rate of [coupon]%. What is the current yield on this bond? *Hint: The Face Value of this Bond is $1,000.00 State your answer as percentage and not decimal (i.e. 5.21 and not 0.052).  Please do not include the % symbol. 

A zero-coupon bond has a yield to maturity of [r]% and a face value of $1,000. If the bond matures in [t] years, it should sell for a price of __________ today.   Do not type the $ symbol. Round your answer to the nearest two-decimals. Click on the arrow next to the file below. Next, create a new sheet in the Respondus LockDown Browser spreadsheet. You can use this blank spreadsheet to calculate the answer. Blank Spreadsheet.xlsx