Business, 05.12.2019 06:31 heavendl13
On december 31, a physical inventory revealed that the ending inventory was only $210,000. petty’s gross profit on net sales has remained constant at 30 percent in recent years. petty suspects that some inventory may have been stolen by one of the company’s employees. at december 31, what is the estimated cost of the missing inventory? select one: a. $292,500 b. $210,000 c. $82,500 d. $75,000 e. $52,50'
Answers: 2
Business, 22.06.2019 06:10
Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %
Answers: 2
Business, 22.06.2019 21:10
An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:
Answers: 3
Business, 23.06.2019 15:00
An unmarried person, a divorced person, or a person legally separated from his or her spouse must choose which filling status when filling a federal income tax return?
Answers: 1
On december 31, a physical inventory revealed that the ending inventory was only $210,000. petty’s g...
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