Tim propp, cfo of thunderbird, inc., invested some of the firm's excess cash in the common shares of what he thought were three undervalued securities. at year-end, he reviewed how the portfolio of securities had done. security name cost basis market value at year-end classification microsoft corporation $100,000 $147,620 trading security pfizer, inc. 75,000 88,330 trading security boeing, inc. 50,000 58,080 available-for-sale security $225,000 $294,030

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution.a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent

Which of the following should be considered last when searching for financing