Posts Tagged ‘stock’
Berkshire Mortgage Finance
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Digital Camera Finance

Question: Homework help for math?
Ivan purchased a stove for $350.98. How much sales tax did he have to pay if the tax rate was 6%?
9) April bought a jacket on sale for $39.95. The sales tax rate is 7.5%. Determine her after-tax total.
10) Jim purchased a hose for $25.50, a watering can for $5.75, and gardening gloves for $2.95. The sales tax was 6.5%. What was the total purchase?
11) In problem #10, Jim gave the salesperson two $20 bills. How much change did he receive?
12) Becky bought a digital camera on the installment plan. The purchase price was $859.95. She paid $150 down and made 12 monthly payments of $65.25. Find the Finance Charge she paid.
13) Lori bought a set of dining room furniture with a list price of $1250. She paid $350 down. She paid off the remaining amount in equal monthly installments over a period of 8 months. The Finance Charge was $75. Find how much she paid each month.
Answer:
0.06 x 350.98 = $21.06
9) 1.075 x 39.95 = $42.95
10) 1.065 (25.50 + 5.75 + 2.95) = $36.42
11) 40 – 36.42 = $3 and 58 cents
12) (150 + 12*65.25) – 859.95 = $73.05
13) (350 + 8*monthly payment) – 1250 = 75
monthly payment = 975/8 = $121.88
My mom’s ex-finance singing “Cross my heart”
Calculating Economic Order Quantity
Calculating Economic Order Quantity or EOQ is easy with the Economic Order Quantity formula. Below is an Economic Order Quantity calculation you can use as an example in learning how to calculate the Economic Order Quantity.
Example of Economic Order Quantity calculation
Whenever you have to calculate the Economic Order Quantity, remember the Economic Order Quantity formula:

Where:
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C = cost of carrying a unit of stock for one year
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O = cost of placing an order for stock
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D = annual demand in units
Suppose you are calculating the Economic Order Quantity of computers for a ma and pa store. If each year, 10,000 units are demanded and the cost of replacing an order is $5000 whereas the cost of carrying is $50 per unit, then:
The cost of carrying for 10,000 units is $500,000 and the Economic Order Quantity is:

Yahoo Finance Stock Quotes

Question: Yahoo Finance page does not bring up recent stock quotes.?
Answer: Not sure what the problem is – It is working fine for me. I just checked using Firefox, Internet Explorer and Netscape. I even used the “clear all recent quotes”, asked for some new quotes and they showed up fine. Could have been a temporary glitch or maybe a regional issue.
Finance in Excel 2 – Import and Chart Historical Stock Prices in Excel
Lycos Finance

Question: Why is Yahoo helping the Chinese government jail pro-demcracy dissidents?
Reporters Without Borders have confirmed that Yahoo has turned over electronic records of emails and draft emails from Chinese individuals’ accounts to the Chinese government, which subsequently jailed these pro-democracy dissidents. Read the story at http://finance.lycos.com/home/news/story.asp?story=57753634.
Answer: Three reasons – money, money and money.
Yahoo! knows that by helping the government, they will continue to permit Yahoo! to tap into the potential market in China.
Lycos Finance commercial