FIN 571 Week 1 Connect Problems (Math and Accounting
Review)
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FIN 571 Week 1 Connect Problems (Math & Accounting Review)
1. Functions
Excel will make your life as a finance student much easier. This section
will show how to use various functions in Excel. Once you understand
the how and why of a particular financial equation, you can make
1. Which Excel cell entry will calculate the square root of 165?
2. Which statements about Excel’s FV function are correct?
3. Which fields are required to calculate net present value (NPV) in
Excel?
4. Which Excel function is used to calculate the amount of each annuity
payment?
5. Which fields are required to calculate the rate of return (RATE) for a
present value calculation in Excel?
2. The Balance Sheet
WalMart wanted to spread itself not only to the USA, but in other
countries as well. In 2006, the company was having 3800 stores in USA
and more than 2980 stores outside USA making it one of the largest
retail chains in the world. This corporation was also having a vision to
establish itself in to a global entity. WalMart was one of the first
companies to operate in the organized retail sector (Fishman, 2006).
General Ledger for XYZ Company. The following is a portion of the
general ledger for XYZ Company as of December 31, 20X1, and the
statement of stockholders’ equity for XYZ Company for the year ended
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