On january 1, 2018, monroe contractors signed a contract to inspect and complete needed repairs to the water lines for the town of pleasantville. because monroe will not know which water lines will need repairs until after it completes the inspections, it is difficult to accurately estimate the amount it will charge the town. therefore, monroe will recognize revenue for the contract using the completed-contract method. the work is expected to be completed in 2020. which of the following criteria must be met to recognize revenue under a bill-and-hold arrangement?
the product is ready for physical transfer to the customer.
all of these criteria must be met to recognize revenue under a bill-and-hold arrangement.
the product is identified separately as belonging to the customer.
the reason for the bill-and-hold arrangement is substantive.

Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these

Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g