Use the following information to answer this question.
Windswept, Inc. 2010 Income Statement ($ in millions)
Net sales $ 8,600
Less: Cost of goods sold 7,290
Less: Depreciation
400

Earnings before interest and taxes $ 910
Less: Interest paid
80

Taxable Income $ 830
Less: Taxes
291

Net income
$ 539

Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions)
2009

2010

2009

2010

Cash $ 140 $ 175 Accounts payable $ 1,150 $ 1,205
Accounts rec. 900 700 Long-term debt 990 1,255
Inventory
1,500

1,535

Common stock $ 3,190 $ 2,890
Total $ 2,540 $ 2,410 Retained earnings
450

700

Net fixed assets
3,240

3,640

Total assets
$ 5,780

$ 6,050

Total liab. & equity
$ 5,780

$ 6,050

What is the return on equity for 2010?

A. 15.01.

B. 18. 65

C. 17.73

D. 25.35

E. 31.49

Please show work for points.

The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)

Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.

Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?