Grace is a manager in a medical office. it seems that every year when she evaluates employees for wage increases, kevin and taneesha always receive raises, while most other employees do not. the other employees accuse grace of having favorites, and believe kevin and trisha are unfairly rewarded. grace feels kevin and taneesha deserve their raises, and that she makes that determination based on facts, not on whom she favors. how can grace best convince her other employees that she is being fair in her determinations? a) pick a different person at random each year to receive a raiseb) post the criteria she will use to determine raise recipients at the beginning of each yearc) explain that raises will be determined by a new process that will be kept secret from everyoned) disqualify kevin and taneesha from receiving raises for the next three yearse) post the criteria she used to determine raises after recipients are announced

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?

Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.

Freese, inc., is in the process of preparing the fourth quarter budget for 2016, and the following data have been assembled: the company sells a single product at a price of $70 per unit. the estimated sales volume for the next six months is as follows: september 15,600 units october 14,400 units november 16,800 units december 24,000 units january 10,800 units february 12,000 units all sales are on account. the company's collection experience has been that 30% of a month's sales are collected in the month of sale, 68% are collected in the month following the sale, and 2% are uncollectible. it is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $396,032 on september 30, 2016. management's policy is to maintain ending finished goods inventory each month at a level equal to 30% of the next month's budgeted sales. the finished goods inventory on september 30, 2016, is expected to be 2,520 units. to make one unit of finished product, 6 pounds of materials are required. management's policy is to have enough materials on hand at the end of each month to equal 40% of the next month's estimated usage. the raw materials inventory is expected to be 21,168 pounds on september 30, 2016. the cost per pound of raw material is $5, and 70% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. the accounts payable for raw material purchases is expected to be $79,758 on september 30, 2016. a. prepare a sales budget in units and dollars, by month and in total, for the fourth quarter (october, november, and december) of 2016.