Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

I have a 30 basic finance questions i need done in 3 hours or less. R…

Customer Question
I have a 30 basic...
I have a 30 basic finance questions i need done in 3 hours or less.
Submitted: 3 years ago.Category: Finance
Show More
Show Less
Ask Your Own Finance Question
Answered in 2 minutes by:
6/8/2015
Financial Professional: Ellen, Lawyer, Accountant and Researcher replied 3 years ago
Ellen
Ellen, Lawyer, Accountant and Researcher
Category: Finance
Satisfied Customers: 36,715
Experience: 25 years of experience helping people like you.
Verified
Hi,
Welcome to JustAnswer! I am here to help you with your work today.
I know that privacy is very important for many students. Please let me know if you would prefer to work privately and directly via e-mail.
Thank you,
Ellen
FiveStarLaw
Ask Your Own Finance Question
Customer reply replied 3 years ago
Can you help me with finance questions???
Financial Professional: Ellen, Lawyer, Accountant and Researcher replied 3 years ago
Yes I can assist you with 30 multiple choice finance questions. I am sending you an offer so that we can work via email
Ask Your Own Finance Question
Customer reply replied 3 years ago
Can you finish in 3 hours?
Financial Professional: Ellen, Lawyer, Accountant and Researcher replied 3 years ago
yes
Ask Your Own Finance Question
Customer reply replied 3 years ago
Question 2If the market value of debt is $167,077, market value of preferred stock is $91,199, and market value of common equity is 217,630, what is the weight of common equity?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.1 points
Question 3ABC Industries will pay a dividend of $3 next year on their common stock. The company predicts that the dividend will increase by 6 percent each year indefinitely. What is the firm’s cost of equity if the stock is selling for $29 a share?Enter your answer in percentages rounded off to two decimal points. DO not enter % in the answer box.1 points
Question 4You were hired as a consultant to ABC Company, whose target capital structure is 35% debt, 15% preferred, and 50% common equity. The before-tax cost of debt is 6.50%, the yield on the preferred is 6.00%, the cost of common stock is 11.25%, and the tax rate is 40%. What is the WACC?Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.Question 6If the market value of debt is $156,462, market value of preferred stock is $51,970, and market value of common equity is 347,553, what is the weight of preferred stock?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.1 points
Question 7The 7 percent annual coupon bonds of the ABC Co. are selling for $950.41. The bonds mature in 8 years. The bonds have a par value of $1,000 and payments are made semi-annually. If the tax rate is 35%, what is the after-tax cost of debt?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.Question 9The 8.5 percent annual coupon bonds of the ABC Co. are selling for $1,179. The bonds mature in 12 years. The bonds have a par value of $1,000. If the tax rate is 30%, what is the after-tax cost of debt?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.1 points
Question 10The 8 percent annual coupon bonds of the ABC Co. are selling for $1,080.69. The bonds mature in 10 years. The bonds have a par value of $1,000. What is the before-tax cost of debt?Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.1 points
Question 11ABC, Inc., has 937 shares of common stock outstanding at a price of $60 a share. They also have 997 shares of preferred stock outstanding at a price of $59 a share. There are 945, 8 percent bonds outstanding that are priced at $66. The bonds mature in 16 years and pay interest semiannually. What is the capital structure weight of the preferred stock?Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.1 points
Question 12ABC Inc.'s perpetual preferred stock sells for $74.7 per share, and it pays an $8.6 annual dividend. If the company were to sell a new preferred issue, it would incur a flotation cost of $4 per share. What is the company's cost of preferred stock for use in calculating the WACC?Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.1 points
Question 13Several years ago, the ABC Company sold a $1,000 par value bond that now has 20 years to maturity and a 7.00% annual coupon that is paid semiannually. The bond currently sells for $925 and the company’s tax rate is 40%. What is the after-tax cost of debt?1 points
Question 14The ABC Company has a cost of equity of 17.1 percent, a pre-tax cost of debt of 7.8 percent, and a tax rate of 30 percent. What is the firm’s weighted average cost of capital if the proportion of debt is 20.6%?Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.1 points
Question 15ABC's last dividend was $2.7. The dividend growth rate is expected to be constant at 25% for 3 years, after which dividends are expected to grow at a rate of 7% forever. If the firm's required return (rs) is 17%, what is its current stock price (i.e. solve for Po)?Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.1 points
Question 16A stock's next dividend is expected to be $0.6. The required rate of return on stock is 13.2%, and the expected constant growth rate is 6%. What is the stock's current price?Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enterCan you complete in 3 hours?????
Financial Professional: Ellen, Lawyer, Accountant and Researcher replied 3 years ago
This is not a multiple choice exam. I shall open the question to the other experts
Ask Your Own Finance Question
Customer reply replied 3 years ago
U guys are screwing me! This is a scam! I was just passed from one person to you, now another person????????
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a financial professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Rakhi Vasavada Your Own Question
Rakhi Vasavada
Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2,609
2,609 Satisfied Customers
Experience: Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Rakhi Vasavada is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Related Finance Questions
Do you guys look over an income statement to make sure we
Do you guys look over an income statement to make sure we are not missing anything? … read more
Pateel Papazian
Pateel Papazian
Financial Trainer and Consultant
Master\u0027s Degree
13 satisfied customers
Estimate potential overhead annual overhead costs for
Estimate potential overhead annual overhead costs for accountant and lawyer in northern CA. Attempting to ballpark, to estimate potential consulting fees. … read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,609 satisfied customers
What is the difference in post market and premarket trading?
What is the difference in post market and premarket trading? It seems like they would be the same thing. I don't understand why a stock price moves after hours either. Open orders I thought were not f… read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,609 satisfied customers
Accountant, this is a finance problem: An arbitrage firm (A)
For an accountant, this is a finance problem: An arbitrage firm (A) notes that a bidder (B) whose stock is selling at $30 makes an offer for a target (T) selling at $40 to exchange 1.5 shares of B for… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
Hi. Are there companies with whom one may contract to pay their
Hi. Are there companies with whom one may contract to pay their client's bills? Not a credit type company, but a service wherein they pay your bills for you? Thanks.… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Principles of Finance Class: Short Question - due date 05/10
Principles of Finance Class: Short Question - due date 05/10 at 23:59 (Real-interest rates: financial analyst's method) The CFO of your firm has asked you for an approximate answer to this question: W… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
*P11-7A On July 1, 2008, Rossillon Company issued $4,000,000
These questions have already been answered. I just need the answer released. *P11-7A On July 1, 2008, Rossillon Company issued $4,000,000 face value, 8%, 10-year bonds at $3,501,514.This price resulte… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
8-4 For each of the following service departments, select the
8-4 For each of the following service departments, select the activity base listed that is the most appropriate for charging service expenses to responsible units. a. Service department b. Training c.… read more
DanielleCPA
DanielleCPA
Certified Public Accountant
Bachelor's Degree
76 satisfied customers
Garrigus Corporation is developing direct labor standards.
Garrigus Corporation is developing direct labor standards. The basic direct labor wage rate is $14.00 per hour. Employment taxes are 10% of the basic wage rate. Fringe benefits are $3.53 per direct la… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
. Job costing for services, The Hillman Company sells and services
. Job costing for services, The Hillman Company sells and services lawn mowers, snow blowers, and other equipment. The service department uses a job order cost system to determine costs of each job, s… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
I use Quickbooks and it automatically pulls my credits and
I use Quickbooks and it automatically pulls my credits and debits from my bank account so book keeping is a snap for me so I never needed an accountant. My problem is my bank is requesting a 6 month b… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
i need help with this ASAP!!! i am having lots of trouble!! Lear,
i need help with this ASAP!!! i am having lots of trouble!! Lear, inc. has $800,000 in current assets, $350000 of which r considered permant current assets. In addition, the firm has $600000 invested … read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
Sam McKensie is the founder and CEO of McKenzie Restaurants,
Sam McKensie is the founder and CEO of McKenzie Restaurants, Inc., a regional compny. Sam is considering opening several ne restaurants. Sally Thorton, the company's CFO, has been put in charge of the… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
I have a timed assignmnet which will require about 3 hours
I have a timed assignmnet which will require about 3 hours of your time. Are you interested? If someone reliable that knows accounting wants to jump in, go ahead. I need to get started quickly!… read more
Manal Elkhoshkhany
Manal Elkhoshkhany
Tutor
1,933 satisfied customers
28) Which of the following combinations of asset structures
28) Which of the following combinations of asset structures and financing patterns is likely to create the most volatile earnings? A. Liquid assets and heavy long-term borrowing B. Illiquid assets and… read more
SK
SK
Master's Degree
62 satisfied customers
Anyone available for general finance, about 10 questions. Once
Anyone available for general finance, about 10 questions. Once opened has to be completed within 1 1/2 hours????… read more
Amol Srivastava
Amol Srivastava
Master's Degree
446 satisfied customers
1. Job costing for services, The Hillman Company sells and
1. Job costing for services, The Hillman Company sells and services lawn mowers, snow blowers, and other equipment. The service department uses a job order cost system to determine costs of each job, … read more
Annie Kavitha
Annie Kavitha
Master's Degree
713 satisfied customers
looking for business expert .. I have some questions that
looking for business expert .. I have some questions that I need to answer they are multiple questions for an assignment but I need to make sure I can get a business expert before I click the link for… read more
socrateaser
socrateaser
1,031 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x