Breads ‘R Us had sales of $50,000 last year.

Breads ‘R Us had sales of $50,000 last year.

Subject: Business    / Finance   
Question

Does anyone know the answers to these questions? Showing the work would be more helpful, thanks.

1.

Breads ‘R Us had sales of $50,000 last year. Their total costs were $18,000, and the depreciation charge was $3,000. They have 1,600 shares outstanding and paid dividend of $2.80 per share after keeping 70 percent of the net income as retained earnings. If they paid 40 percent in taxes, how much was the interest expense?
A.    

3,467
B.    

5,511
C.    

4,111
D.    

1,911
E.    

2,733
F.    

5,133
G.    

1,000
H.    

4,667

2.

Upon graduation from college in two years you plan to go for an extravagant European vacation. Your parents will give you a graduation gift of $3,600 to help with the cost of the vacation. You have $2,000 available at present, which you plan to deposit into an account that pays 11.5 percent interest compounded quarterly. What is the maximum amount you will be able to spend on your vacation?
A.    

$5,661
B.    

$5,437
C.    

$6,109
D.    

$5,777
E.    

$6,004
F.    

$5,553
G.    

$5,885
H.    

$6,230

3.

You just won the lottery! You wish to put away enough money so that you can withdraw $6,500 per month for 24 years. You can earn 11.1% rate on any funds you deposit. How much will you have to deposit now to meet your goal? (Note: Withdrawal frequency matches compounding frequency.)
A.    

$653,143
B.    

$771,203
C.    

$712,179
D.    

$480,100
E.    

$886,890
F.    

$536,773
G.    

$829,659
H.    

$594,551

4.

UML Inc. had an EBIT of 65,000, depreciation expense of 8,500, and paid 17,500 in taxes. Its interest costs were $9,000; its long-term borrowing reduced by $4,000; it raised $6,000 in new equity; and paid $12,000 in dividends. If the net capital spending was $27,000, what was the change in net working capital?
A.    

10,000
B.    

9,700
C.    

10,900
D.    

10,600
E.    

9,400
F.    

10,300
G.    

11,500
H.    

11,200

5.

You purchased a new car for $32,000 by making a $10,000 down payment and borrowing the remainder at an annual rate of 8.5 percent for five years. What is your monthly payment?
A.    

$522
B.    

$570
C.    

$475
D.    

$451
E.    

$498
F.    

$428
G.    

$546
H.    

$406