Use the following information to prepare the May 31 bank reconciliation.

Bank Statement
Date Checks Deposits Other Balance
May 1 $200
4 #2 S 10 S 50 240
12 #4 100 NSF Check S50 90
28 #5 20 70
30 #6 15 200 255
May 31 #8 55 Service charge 5 195

Date Deposits Checks Check Descriptions
May 1 200
May 3 50 10 May 3 #2
70 May 4 #3
100 May 8 #4
20 May 11 #5
15 May 21 #6
May 29 200 25 May 29 #7
May 30 150 55 May 30 #8
May 31 305

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: