Finance Answers

At the end of the trading day, Texas instruments Inc. closed at $28.84, which was a +5.22% net change from the previous days close what was the approximate close on the previous day?

Sala joined the company 7 years ago.

 She is entitled to 13 weeks of long service leave after completing 10 years of service with the company.

 Her current salary is $50,000. Salaries are expected to grow by 2% for the next 5 years.

 Sala is 80% certain that she will not leave the company in the next 5 years.

 High quality bonds with a 5 year term have an interest rate of 6% and high quality bonds with a 3 year term have an interest rate of 4%

Required:

a) Calculate the company’s long service leave liability relating to Sala.

b) Prepare all journal entries relating to long service leave, assuming there is already a balance of $4,000 in the account.

Use an excel sheet to post your answer.

It is January 1st, 2020, you just turned 25-years-old.You are a high-school (only) graduate working only 40 hours per week --playing video games for the remainder of the week--and earning $15 per hour. It is a relatively safe and secure job (immune to viruses) and you plan to work at this job for the next 40 yearsof your life, after which you will retire at age 65; obviously to play video games for the rest of your life.Also, assume that your salary (i.e. minimum wage) increases by 3% wage inflation,fixed until your retirement. For this question, ignore income taxes, CPP, EI, and vacation entitlements. (Yes, totally unrealistic, but we must start somewhere.)

A $100,000, 91-day Province of Ontario Treasury bill was issued 37 days ago.

What will be its purchase price today in order to yield the purchaser 1.55%?

Vision of the SARB

Distinguish between primitive securities and financial derivatives

What causes the price of Super Bowl tickets to change from year to year AND as it gets closer to the game? Use specific evidence from the text to support your list. Demand Causes Supply Causes