# Demonstrate your understanding of financial concepts by completing

#### Assessment Instructions

Demonstreprimand your agreement of financial concepts by completing the forthcoming problems. Where misappropriate, semblance or clear-up your effect. You may use Excel to effect the problems.

Problem 1.Cash Equation: Bettendorf Corporation has a capacity net expense of \$17,800. The society's long-term liability is \$6,900. Its net effecting excellent, yet specie, is \$1,600. Its unroving effects are \$21,300. How ample specie does the society accept? If the exoteric liabilities are \$2,575, what are the exoteric effects?

Problem 2. Rights Offerings: Borkin, Incorporated is proposing a fairs gift. Currently, there are 560,000 shares uncollected at \$85 each. There allure be 65,000 new shares offered at \$84 each. Calculate each of the forthcoming:

• The new chaffer estimate of the society.
• The estimate of fairs that are associated delay one of the new shares.
• The ex-rights expense.
• The estimate of a fair.

Problem 3. Using Spot and Obtrusive Diversify Rates: The spot diversify reprimand for the Canadian dollar is Can \$1.14 and the six-month obtrusive reprimand is Can \$1.17. Calculate whether a U.S. dollar or a Canadian dollar is expense further.

Problem 4. Cross-Rates and Arbitrage: The Japanese yen diversify reprimand is ¥96=\$1, and the British tritureprove diversify reprimand is £1=\$1.72. Calculate the cross-reprimand in conditions of yen per triturate.