Which of the following does not constitute an act of "investment" as economists use the term?
a)a department store increases its inventory of football jerseys before the super bowl.
b)a retiree buys 50 shares of stock at $10 a share and then sells the stock at a profit for $20 ashare.
c)the city council authorizes the construction of a new fire station.
d)an accountant attends a seminar on changes in the federal tax code.
Answers: 1
Business, 21.06.2019 22:40
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
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Business, 22.06.2019 12:10
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Answers: 1
Business, 22.06.2019 17:30
Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with âroundâ. dr. sperry would like to see exactly how excelâs calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click âstep inâ select the cell and then look at the formula in the formula field of the ribbon remove âroundâ from the formula in order to see the actual value before rounding
Answers: 2
Which of the following does not constitute an act of "investment" as economists use the term?
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