accounting-Fast Street Investment Company offers you an investment that promises
1.Fast Street Investment Company offers you an investment that promises to triple your money in 33 months. Interest is compounded quarterly. What rate per quarter is the investment promising?2.Lowell Growth, Inc. has total debt ratio of 0.48 and a dividend payout ratio of 40 percent. If its profit margin is 7.5 percent and total asset turnover is 2.75, what is its return on assets ratio (ROA)?3.You opened an account with an investment of $51,000. The value of the account quadrupled in 18 years. If interest was compounded quarterly, what rate per quarter did you earn on the account?4.Cash Coverage, Inc. had net sales of $300,000 last year, and increased its retained earnings by $10,000 for the year after paying a dividend of $2 per share on 10,000 outstanding shares. The tax rate for the company is 40%. The company had cost of goods sold of $175,000 and its accumulated depreciation increased by $25,000. What is its cash coverage ratio?5.You purchased a new car for $34,000 by making a $10,000 down payment and borrowing the remainder at an annual rate of 9 percent for five years. What is your monthly payment?
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