You are one of five risk-neutral bidders participating in an independent private values auction. each bidder perceives that all other bidders’ valuations for the item are evenly distributed between $20,000 and $60,000. for each of the following auction types, determine your optimal bidding strategy if you value the item at $48,000. a. first-price, sealed-bid auction. bid $20,000. bid $42,400. bid $60,000. bid $48,000. b. dutch auction. let the auctioneer continue to lower the price until it reaches $60,000, and then yell "mine! ". let the auctioneer continue to lower the price until it reaches $48,000, and then yell "mine! ". let the auctioneer continue to lower the price until it reaches $20,000, and then yell "mine! ". let the auctioneer continue to lower the price until it reaches $42,400, and then yell "mine! ". c. second-price, sealed-bid auction. bid $48,000. bid $20,000. bid $60,000. bid $42,400. d. english auction. remain active until the price exceeds $42,400, and then drop out. remain active until the price exceeds $60,000, and then drop out. remain active until the price exceeds $48,000, and then drop out. remain active until the price exceeds $20,000, and then drop out.

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

The county collector of suncoast county is responsible for collecting all property taxes levied by funds and governments within the boundaries of the county. to reimburse the county for estimated administrative expenses of operating the tax agency fund, the agency fund deducts 1.5 percent from the collections for the town, the school district, and the other towns. the total amount deducted is added to the collections for the county and remitted to the suncoast county general fund.the following events occurred in 2017: 1. current-year tax levies to be collected by the agency were: county general fund $ 10,333,000 town of bayshore general fund 4,840,000 suncoast county consolidated school district 6,550,000 other towns 3,120,000 total $ 24,843,000 2. $13,700,000 of current taxes was collected during the first half of 2017.3. liabilities to all funds and governments as a result of the first half-year collections were recorded. (a schedule of amounts collected for each participant, showing the amount withheld for the county general fund and net amounts due the participants, is recommended for determining amounts to be recorded for this transaction.)4. all cash in the tax agency fund was distributed.requireda. prepare journal entries for each of the foregoing transactions that affected the tax agency fund. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1. record the current-year tax levies to be collected by the agency.2.record the current taxes collected during the first half of 2017.3.record the liabilities due to all funds and governments at the end of first half-year.4. record the distribution of all cash in the tax agency fundb. prepare journal entries for each of the foregoing entries that affected the town of bayshore general fund. begin with the tax levy entry, assuming 2 percent of the gross levy will be uncollectible. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your answers to the nearest whole dollar amount.)1.record the revenues receivable and uncollectible.2. record the taxes collected

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication