e. g., 32.16.) 12299.09 6. What is the future value of $ 3,136 invested for 12 years at 6.50 percent compounded annually? 7. What is the present value of $ 12,750 to be received 3 years from today if the discount rate is 5.50 percent? use this website: http:// www. moneychimp. com / calculator / present _ value _ calculator. ht m 8. Six months ago, you purchased 1,200 shares of ABC stock for $ 21.20 a share and have received total dividend payments of $. 60 a share. Today, you sold all of your shares for $ 22.20 a share. What is your total dollar return on this investment? 9. Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $ 43.89 a share. ABC stock pays a quarterly dividend of $. 10 a share. Today, you sold all of your shares for $ 45.13 per share. What is the total amount of your capital gains on this investment? 10. Which one of these accounts is classified as a current asset on the balance sheet? 11. Shelton, Inc., has sales of $ 395,000, costs of $ 183,000, depreciation expense of $ 48,000, interest expense of $ 29,000, and a tax rate of 40 percent.( Do not round intermediate calculations.) What is the net income for the firm? 12. On a balance sheet, deferred taxes are classified as: 13. Which one of these equations is an accurate expression of the balance sheet? 14. Galaxy United, Inc. 2009 Income Statement 15. The Purple Martin has annual sales of $ 4,600, total debt of $ 1,230, total equity of $ 2,500, and a profit margin of 6 percent. What is the return on assets? 16. Galaxy United, Inc. 2009 Income Statement 17. Reliable Cars has sales of $ 3,850, total assets of $ 3,350, and a profit margin of 5 percent. The firm has a total debt ratio of 41 percent. What is the return on equity? 18. A firm has net working capital of $ 344, net fixed assets of $ 2,292, sales of $ 6,000, and current liabilities of $ 800. How many dollars worth of sales are generated from every $ 1 in total assets? 19. One of the primary weaknesses of many financial planning models is that they: ignore the goals and objectives of senior management. ignore the size, risk, and timing of cash flows. are iterative in nature. rely too much on financial relationships and too little on accounting relationships. ignore cash payouts to stockholders. 20. The external funds needed( EFN) equation projects the addition to retained earnings as: 21. Which account is least apt to vary directly with sales? accounts payable inventory accounts receivable notes payable cost of goods