QUESTION 2 Boitumelo invests an amount of 128000 for a period of 7 ycart. For the first two years the interest was \( 12 \% \mathrm{r}, \mathrm{a} \) compounded semi-anmulally. The interest was then changed to \( 10 \% \) p-a compounded quarterly. Determine the value of the investment after the 7 -year period. Convert an interest rate of \( 10 \% \) pa. compounded quarterly to an annual effective interest rate A lawnmower was unded in for 2236 ufter 10 years. The depreciation was calculated at \( 9,2 \% \) p.i. on a straight-line basis. Determine the cost of the lawnmower 10 years ago.

Assignment Question 18, P4-21 (similar to) HW Score: \( 68.33 \%, 13.67 \) of 20 points Part 2 of 3 Points: 0 of 1 Save (Analyzing market value) The balance sheet for Leo's Discount Tire Company shows a book value of stockholders' equity (book value per share \( \times \) total shares outstanding) of \( \$ 23,308,000 \). Furthermore, the firm's income statement for the year just ended has a net income of \( \$ 540,000 \), which is \( \$ 0267 \) per share of common stock outstanding. The price-earnings ratio for firms similar to Leo's Discount Tire Company is 1832 a. What price would you expect Leo's Discount Tire Company shares to sell for? b. What is the book value per share for Leo's shares? c. What does the market price and book value per share indicate about the firm? a. What price would you expect Leo's Discount Tire Company shares to sell for? The market price per share is \( \$ 4.89 \) (Round to the nearest cent.) b. What is the book value per share for Leo's shares? The book value per share is \( \$ \) \( \square \) (Round to the nearest cent.)

Assignment Question 17, P4-19 (similar to) HW Score: \( 63.33 \%, 12.67 \) of 20 points Save (Analyzing profitability) Last year, Triangular Resources eamed \( \$ 5.4 \) million in net operating income and had an operating profit margin of 19.4 percent. If the firm's total asset turnover ratio was 1.54 , what was the firm's investment in total assets? The company's total assets are \$ \( \square \) Imillion. (Round to one decimal place.)

Question 2 (6points) Find the amount for interest, the amount for principal, and the new principal. Mortgage Amount: \( \$ 87,000 \) Interest Rate: \( 8.5 \% \) 1st Monthly Payment: \( \$ 701.22 \) Blank 1: Amount for Interest = Blank 2: Amount for Principal = Blank 3: New Principal =

(Analyzing market value) The balance sheet for Leo's Discount Tire Company shows a book value of stockholders' equity (book value per share \( \times \) lotal shares outstanding) of \( \$ 23,308,000 \). Furthermore, the firm's income statement for the year just ended has a net income of \( \$ 540,000 \), which is \( \$ 0.267 \) per share of common stock outstanding. The price earnings ratio for firms similar fo Leo's Discount Tire Company is 18.32 . a. What price would you expect Leo's Discount Tire Company shares to sell for? b. What is the book value per share for Leo's shares? c. What does the market price and book value per share indicate about the lirm? a. What price would you expect Leo's Discount Tire Company shares to sell for? The market price ner share is \( \$ 480 \) (Pound to the nearest cent ) b. What is the book value per share for Leo's shares? The book value per share is \( \$ 11.52 \). (Round to the nearest cent) c. What does the market price and book value per share indicate ahout the firm? In this case, the \( \square \) market price per share than the book value per share indicates that investors are wiling to pay \( \square \) for a share of the frm than is suggested by their proportional clam on the assets shown on the balance sheet because investors exped Leo's earnings to \( \square \) over time through \( \square \) employment of the firm's assets. (Select from the drop-down menus)

Question 3 (sponss) Find the amount for interest, the amount for principal, and the new principal. Mortgage Amount: \( \$ 92,500 \) Interest Rate: \( 9.5 \% \) 1st Monthly Payment: \( \$ 863.03 \) Blank 1: Amount for Interest = Blank 2: Amount for Principal = Blank 3: New Principal =