Aaliyah turner opened turner photography on january 1 of the current year. during january, the following transactions occurred and were recorded in the company’s books: aaliyah invested $13,500 cash in the business in exchange for common stock. aaliyah contributed $20,000 of photography equipment to the business in exchange for common stock. the company paid $2,100 cash for an insurance policy covering the next 24 months. the company received $5,700 cash for services provided during january. the company purchased $6,200 of office equipment on credit. the company provided $2,750 of services to customers on account. the company paid cash of $1,500 for monthly rent. the company paid $3,100 on the office equipment purchased in transaction #5 above. paid $275 cash for january utilities. based on this information, the amount of total stockholders’ equity reported on the balance sheet at the end of the month would be:

Malcolm has several receipts from recent transactions that he entered in his records. the receipts include an atm receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00 when he finishes entering his transactions, malcolm realizes that his balance is incorrect. assuming that malcolm had no beginning balance, what should his correct balance be?

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.