Jonathan simpson owns a construction company. one day a subcontractor calls him saying that he needs a replacement check for the job he completed at 1437 elm street. jonathan looks up the job on his accounting program and agrees to reissue the check for $12,750. the subcontractor says that the original check was for only $10,750. jonathan looks around the office and cannot find the company checkbook or ledger. only one other person has access to the accounting program. jonathan calls you to investigate. how would you proceed? write a one-page report detailing the steps jonathan needs to take to obtain the necessary evidence to protect his company.

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false