For each problem, show all work (formula) on this paper. In your calculations, carry the answers to two decimal places (e. g., .08921 = 8.92%). Eagle Sports Supply has the following financial statements. Assume that Eagle’s assets and costs are proportional to its sales. Interest expense is 4% of the prior year’s debt. The tax rate is unchanged. INCOME STATEMENT, 2017 Sales $ 1,650 Costs 320 Interest 60 Taxes 381 Net income $ 889 BALANCE SHEET, YEAR-END 2016 2017 2016 2017 Assets$4,200 $4,500 Debt $1,500 $1,600 Equity 2,700 2,900 Total $4,200 $4,500 Total $4,200 $4,500 Find Eagle’s required external funds if it maintains a dividend payout ratio of 50% and plans a growth rate of 20% in 2018. Calculate the IGR and SGR.

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as