The expenses, fixed assets, and net working capital of marco development (md) all vary directly with sales. currently, the sales are $6.1 million, total assets are $5.2 million, current liabilities are $1.7 million, and long-term debt is $2.1 million. the projected sales growth is 8 percent. the current profit margin is 6 percent. the firm estimates its dividend payout ratio as 55 percent. by what amount will the firm's long-term debt change next year if the firm retains the same amount of common stock as it currently has?

a. $78,789
b. $81,636
c. $95,009
d. $98,417
e. $102,124

Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.