Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

Kwin asked:


Thanks for your help!!
1) Which of the following categories of owners have limited liability?
A. General partners
B. Sole proprietors
C. Shareholders of a corporation
D. Both a and b
2) The true owners of the corporation are the:
A. board of directors of the firm.
B. preferred stockholders.
C. common stockholders.
D. holders of debt issues of the firm.
3) Which of the following best describes the goal of the firm?
A. The maximization of the total market value of the firm’s common stock]
B. Profit maximization
C. Risk minimization
D. None of the above
4) Which of the following would increase the need for external equity?
A. A reduction in corporate profits
B. A slow-down in economic growth
C. A seasonal reduction in sales revenues
D. Inadequate investment opportunities
5) Which of the following does NOT involve underwriting by an investment banker?
A. Syndicated purchases
B. Negotiated purchases
C. Commission basis purchases
D. Competitive bid purchases
6) __________ is a method of offering securities to a limited number of investors.
A. Public offering
B. Private placement
C. Syndicated underwriting
D. Initial public offering
7) Difficulty in finding profitable projects is due to:
A. ethical dilemmas.
B. social responsibility.
C. opportunity costs.
D. competitive markets. Which of the following is NOT a principle of basic financial management?
A. Efficient capital markets
B. Risk/return tradeoff
C. Profit is king
D. Incremental cash flow counts
9) According to the agency problem, _________ represent the principals of a corporation.
A. employees
B. shareholders
C. suppliers
D. managers
10) Marshall Networks, Inc. has a total asset turnover of 2.5% and a net profit margin of 3.5%. The firm has a return on equity of 17.5%. Calculate Marshall’s debt ratio.
A. 50%
B. 30%
C. 60%
D. 40%
11) Which of the following financial ratios is the best measure of the operating effectiveness of a firm’s management?
A. Quick ratio
B. Current ratio
C. Return on investment
D. Gross profit margin
12) The accounting rate of return on stockholders’ investments is measured by:
A. operating income return on investment.
B. return on assets.
C. realized rate of inflation.
D. return on equity.
13) Edward Johnson decided to open up a Roth IRA. He will invest $1,800 per year for the next 35 years. Deposits to the Roth IRA will be made via a $150 payroll deduction at the end of each month. Assume that Edward will earn 8.75% over the life of the IRA. How much will he have at the end of 35 years?
A. $363,000
B. $125,250
C. $414,405
D. $250,321
14) Northwest Bank pays a quoted annual (nominal) interest rate of 4.75%. However, it pays interest (compouned) daily using a 365-day year. What is the effective annual rate of return (APY)?
A. 3.61%
B. 4.75%
C. 4.86%
D. 5.02%
15) You have $10,000 to invest. You do not want to take any risk, so you will put the funds in a savings account at the local bank. Of the following choices, which one will produce the largest sum at the end of 22 years?
A. An account that compounds interest quarterly
B. An account that compounds interest annually
C. An account that compounds interest monthly
D. An account that compounds interest daily
16) Which of the following statements about the percent-of-sales method of financial forecasting is true?
A. It involves estimating the level of an expense, asset, or liability for a future period as a percent of the forecast for sales revenues.
B. It is the least commonly used method of financial forecasting.
C. It projects all liabilities as a fixed percentage of sales.
D. It is a much more precise method of financial forecasting than a cash budget would be.
17) The primary purpose of a cash budget is to:
A. provide a detailed plan of future cash flows.
B. determine the level of investment in current and fixed assets.
C. determine the estimated income tax for the year.
D. determine accounts payable.
18) All of the following are found in the cash budget EXCEPT:
A. cash disbursements.
B. a net change in cash for the period.
C. new financing needed.
D. inventory.
19) The break-even model enables the manager of a firm to:
A. determine the quantity of output that must be sold to cover all operating costs.
B. determine the optimal amount of debt financing to use.
C. set appropriate equilibrium thresholds.
D. calculate the minimum price of common stock for certain situations.
20) A plant can remain operating when sales are depressed:
A. in an effort to cover
21) Which of the following is a non-cash expense?
A. Packaging costs
B. Administrative salaries
C. Interest expense
D. Depreciation expenses

Ernie Hatt

rainngoc1 asked:


A family is considering buying a house for $140,000. The debt would be amortized over 20 years in equal monthly payments. If money costs 6.0% compounded monthly, then the monthly payment will be $1,003.00.

A. What is the unpaid balance at the end of the 10th/start of the 11th year?
B.What is the unpaid balance for payment number 120, what is the interest, unpaid balance reduction and unpaid balance for payment number 121 and payment 1003.00 and what is the interest, unpaid balance reduction and unpaid balance for payment number 122 and payment 1003.00?

Jamison Badeau

heather N asked:


1: Mary spelled 17 words correctly out of 20. What percent were correct? What is her mark on this test?
80%
83%
85%
87%

2: A school decided to raise 500 dollars for an athletic fund. When they had collected 325 dollars, what percent of the goal was reached?
57%
65%
60%
74%

3: A suit marked $24.00 was reduced $6.00. Find the percent reduction.
25%
20%
30%
35%

4: A man owed $750. In one year he paid $45 interest. What percent was the interest of the debt?
4%
6%
8%
11%

5: A savings account contained $240. The bank paid $4.80 interest at the end of the year. What percent of interest did the bank pay?
5%
12%
1/2%
2%

6: A pint is what percent of a gallon?
50%
12.5%
15%
24%

7: A square foot is what percent of a square yard?
12 1/2%
13 1/4 %
11 1/9%
10%

8: 18 is what percent of 48?
33 1/3%
30%
45%
37 1/2%

Quintin Bray

chickadeexoxo asked:


I have credit card debt that needs to be reduced.

Ty Taruc