Following are forecasts of Baker Company's sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of January 31, 2013. Horizon Period (in millions) Reported 2013 2014 2015 2016 2017 Terminal Period Sales $2,785 $3,838 $5,289 $7,288 $10,043 $10,244 NOPAT 330 455 627 864 1,190 1,214 NOA 533 735 1,012 1,395 1,922 1,961 Assuming a terminal period growth rate of 2%, a discount rate (WACC) of 13%, common shares outstanding of 103.3 million, and net nonoperating obligations (NNO) of $(462) million (negative NNO reflects net investments rather than net obligations), estimate the value of a share of Baker common stock using the residual operating income (ROPI) model as of January 31, 2013. a. $79.90
b. $78.27
c. $74.32
d. $69.78

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Identify the three components of a family's culture and provide one example from your own experience

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.