Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month. Her credit card
record for the last 7 months is shown in the table below.
End of
month
1
2
3
4
5
6
7
Previous
balance
$0.00
$45.00
S188.56
S230.92
$260.81
$252.07
$432 22
New
charges
$45.00
$193.00
$90.00
$77.00
$38.00
$227.00
$88.00
Payment
received
$0.00
$50.00
$50.00
$50.00
$50.00
$50.00
$50.00
Finance
charges
$0.00
?
S2 36
S2.89
$3.26
$3.15
$5.40
Principal
paid
$0.00
$49.44
$4764
347.11
$46.74
$46,85
$44.60
New
balance
$45.00
$168.56
5230.92
$260.81
5252.07
$432.22
$475.62
What were the finance charges in month 2?
O A. $0.56
B. $0
O c. $3.26
D. $0.78

Following is stanley black & decker’s income statement for 2016 (in millions): stanley black & decker, inc. income statement for the year ended december 31, 2016 ($ millions) sales $11,406.9 cost of goods sold 7,139.7 gross profit $ 4,267.2 selling, general and administrative expenses 2,602.0 other operating expenses 268.2 operating income 1,397.0 interest and other nonoperating expenses 171.3 income before income tax 1,225.7 income tax expense 261.2 net income $ 964.5 compute stanley black & decker’s gross profit margin.

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?