I need assistance with these questions. Some need a financial calculator

Exam I

Question 1:

What does it mean when we say that the New York Stock Exchange (NYSE) is an auction market?

How are auction markets different from dealer markets?

What kind of market is the NASDAQ?

Question 2:

What is the primary disadvantage of the corporate form of organization?

What are two advantages of the corporate form of organization?

Question 3:

Here is Marathon Oil’s Balance Sheet:

$ Millions	December 31, 2021	December 31, 2020
Current Assets
Cash and Cash Equivalents	580	742
Receivables	1,142	747
Inventories	77	76
Other Current Assets	22	47
Total Current Assets	1,821	1,612
Equity Method Investments	450	447
Property, Plant, and Equipment less Depreciation	14,499	15,638
Other Noncurrent Assets	224	259
TOTAL ASSETS	16994	17,956

Liabilities
Current Liabilities
Accounts Payable	1,110	837
Payroll and Benefits Payable	74	57
Accrued Taxes	157	72
Other Current Liabilities	260	247
Long-term Debt Due within One Year	36	-
Total Current Liabilities	1,637	1,213
Long-term Debt	3,978	5,404
Deferred Tax Liabilities	136	163
Defined Benefit Postretirement Plan Obligations	137	180
Asset Retirement Obligations	288	241
Deferred Credits and Other Liabilities	132	194
Total Liabilities	6,308	7,395

Stockholders’ Equity
Preferred Stock – No share issued or outstanding	-	-
Common Stock:
Issued 937 million shares (par value $1 per share, 1.925 billion shares authorized at December 31, 2021 and December 31, 2020)	937	937
Held in Treasury, at cost – 194 million shares and 148 million shares	(4,825)	(4,089)
Additional Paid-in Capital	7,221	7,174
Retained Earnings	7,271	6,466
Accumulated Other Comprehensive Income	82	73
Total Stockholders’ Equity	16,686	10,561
Total Liabilities and Stockholders’ Equity	16,994	17,956

Here is Marathon Oil’s Income Statement for the Year Ended December 31,:

$ Millions, except per share data	2021	2020	2019
Revenues and Other Income
Revenues from Contracts with Customers	5,601	3,097	5,063
Net Gain (Loss) on Commodity Derivatives	(383)	116	(72)
Income (Loss) from Equity Method Investments	253	(161)	87
Net Gain (Loss) on Disposal of Assets	(19)	9	50
Other Income	15	25	62
Total Revenues and Other Income	5,467	3,086	5,190
Costs and Expenses:
Production	534	555	712
Shipping, Handling, and Other Operating	727	596	605
Exploration	136	181	149
Depreciation, Depletion, and Amortization	2,066	2,316	2,397
Impairments	60	144	24
Taxes Other than Income	345	200	311
General and Administrative	291	274	356
Total Costs and Expenses	4,159	4,266	4,554
Income (Loss) from Operations	1,308	(1,180)	636
Net Interest and Other	(188)	(256)	(244)
Other Net Periodic Benefit (Costs) Credits	5	(1)	3
Loss on Early Extinguishment of Debt	(121)	(28)	(3)
Income (Loss) Before Income Taxes	1,004	(1,465)	392
Provision (Benefit) for Income taxes	58	(14)	(88)
Net Income (Loss)	946	(1,451)	480

What does the Quick Ratio tell you about the financial position of Marathon Oil? Show your work.
What does the Total Debt Ratio tell you about the financial position of Marathon Oil? How has that changed from 2020? Show your work.
What does the Return on Assets tell you about the financial and operational position of Marathon Oil? How has that changed from 2020 to 2021? Show your work.
What does the Return on Equity tell you about the financial and operational position of Marathon Oil? How has that changed from 2020 to 2021? Show your work.

Question 4:

Regarding present and future values of a single sum, fill in the missing entries in the following table:

Present Value	Years	Interest Rate	Future Value
$ 1,000	7	13%
$ 5,356	16	7%
$ 1,000	9		$ 2,171.89
$ 221,411	33		$1,107,761
$ 1,000		6%	$ 100,000
$ 22,045		10%	$1,000,000
	10	6%	$ 400,000
	10	7%	$ 400,000

Question 5:

Regarding the present and future values of an ordinary annuity compounded annually, fill in the missing values in the following table:

Present Value	Years	Interest Rate	Coupon Payment	Future Value at Maturity
$ 2,963.15	7	13%		$10,000
$	16	7%	$ 600	$20,000

Question 6:

You want to buy a house and have found one you like for $200,000. You have saved up and can make a 20% down-payment. Due to the recent increases in inflation, the best fixed rate that you can get is 12%/year, compounded monthly. If the duration of the loan is 15 years, what will your monthly payment be?

Question 7:

The Petroleum stock prices have ________ so far this semester.

Fallen 5% and then remained about the same.
Fallen, then risen by 5%.
Risen by 5%.
Risen and then fallen by less than 5%.
Risen and then fallen by more than 10%.