ECN 801 Midterm: ecn801 2012summer midterm
Document Summary
~ rm ermxam : mark the correct answer on your scantron . Hand in the scant ron aorm and bonus question page. (20 questions: so10 each) In 2010, a biotechnology firm, dna map inc. , had million of assets and 5280 million of liabilities. Earnings before interest and taxes were million, interest expense was. million, and the tax rate was 32%. (interest expense not tax exempt) The interest rate is 6%, compounded annually: 7950. 77, 8050. 77, 8150. 77, 8250. 77, 8350. 77, fo wlthdmw the followlns; ,000 naym rtt :c-r1-. :; dl:termfne thp. a~ deposit (p) that vhou ld be trwd{! nuw, ~1t;"- urrlin{~ that dhpooiw (~~n ;jn. 1 ";;of ye::ar 7 in tl e compounded annually. Note thttt you m~ rrtaking another deprr;jt at tftp, e. amount of . t. 8 l uoo: 4974. 80, 5074. 80, 5174. 80, 5274. 80, 5374. 80, you want to find the equivalent present worth for the following cash flow series at an interest rate of 15%. Fj a .
