**Learning Goal: **I’m working on a finance project and need support to help me learn.

- This assignment is an individual assignment.
- The Assignment must be submitted only in
**WORD format** via the allocated folder.
- Assignments submitted through email will not be accepted.
- Students are advised to make their work clear and well presented. This also includes filling in your information on the cover page.
- Students must mention question numbers clearly in their answers.
- Late submitted assignments will NOT be entertained.
- Avoid plagiarism; the work should be in your own words; copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
- All answered must be typed using
**Times New Roman (size 12, double-spaced) **font. No pictures containing text will be accepted and will be considered plagiarism).

**Submissions **__without this cover page__ will NOT be accepted

__Assignment Questions__**:(Marks: 15)**

- A company had cash and marketable securities worth $200,000 accounts payables worth $51,000, inventory of $1,501,500, accounts receivables of $5,288,128, short-term notes payable worth $220,000, other current liabilities of 100,000, and other current assets of $121,800. Calculate the company net working capital and describe how managers manage the firm working capital. (2 Marks)
- Your parents have given you $1,500 a year before your graduation so that you can take a trip when you graduate. You wisely decide to invest the money in a bank CD that pays 7% interest. You know that the trip costs $1600 right now and that inflation for the year is predicted to be 3%. Will you have enough money in a year to purchase the trip? Show your calculations. (2 Marks)
- If the following financial information related to XYZ Company. Total Revenues last year $970, depreciation expenses $50, costs of goods sold $450, and interest expenses $55. At the end of the year, current assets were $121 and current liabilities were $107. The company has an average tax rate of 35%. Calculate the net income for XYZ Company by setting up an income statement. (2 Marks)
- Calculate the common-size balance sheet from the following information for the company: (2 Marks)

- Ten years ago, Amanda Cortez invested $20,000 in an account paying an annual interest rate of 5%. What is the value of the investment today? What is the interest on interest earned on this investment? (2 Marks)
- You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity? (2 Marks)
- XXX company has forecast a rate of return of 20% if the economy booms (30% probability); a rate of return of 19% if the economy in in a growth phase (40% probability); a rate of return of 2.50% if the economy in in decline (20% probability); and a rate of return of -10% if the economy in a depression (10% probability). What is the company standard deviation of returns? (3 Marks)