SUMMATIVE EVALUATION A. Compute the selling price of the following, given the mark-up. Write the letter of the
correct answer on the space before the number. ( 2 points each)
1. What is 25% of Php 125.00?
a. Php 31.15
b. Php 31.25
c. Php 30.75
d. Php 32.15
2. What is 75% of Php 575.00?
a. Php 431.15
b. Php 431.05
c. Php 431.75
d. Php 431.25
3. What is 35% of Php 305.00?
a. Php 106.75
b. Php 107.65
c. Php 105.75
d. Php 106.25
4. What is 5% of Php 245.15?
a. Php 12.25
b. Php 15.75
c. Php 12.75
d. Php 17.25
5. What is 65% of Php 675.25?
a. Php 428.91
b. Php 491.25
c. Php 438.91
d. Php 429.31
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Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?