The december 31, 2007, partial balance sheet and the 2007 retained earnings statement from colgate-palmolive company (cl) follow ($ millions, except per share amounts). the website finance. yahoo reported that the total market capitalization of colgate-palmolive was $39.91 billion and its stock price was $78.40 as of december 31, 2007. also, yahoo estimates its total enterprise value at $42.49 billion, and its market beta at 0.46. in addition, colgate-palmolive's average pretax borrowing cost is 4.80%, and its marginal tax rate is 35%. assume that the risk-free rate equals 5.30% and the market premium equals 5.70%.(b) compute the book value of colgate-palmolive's long-term debt as of december 31, 2007.$answer million

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided