City Loans wants to earn an effective annual return on its consumer loans of 18.9 percent per year. The bank applies daily compounding. What interest rate is the firm required by law to report to potential borrowers?

Lamey Co. has an unlevered cost of capital of 10.9 percent, a tax rate of 35 percent, and expected earnings before interest and taxes of $21,800. The company has $25,000 in bonds outstanding that sell at par and have a coupon rate of 6 percent.

In december 2015, apple had cash of $38.07 billion, current assets of $76.22 billion, and current liabilities of $76.09 billion. It also had inventories of $2.45 billion. A. What was apple's current ratio? B. What was apple's quick ratio? c.

How is depreciation accounted for if disposal of a plant asset occurs during the year? A : It is not recorded for the year. B : It is not recorded if the asset is scrapped. C : It is recorded for the fraction of the year to the date of the disposal.

The Ayayai Company issued $260,000 of 10% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1 and January 1. The bonds were issued at 98.

Jackson Metals, Inc., issued a $1,000 convertible corporate bond. Each bond is convertible to 37 shares of the firm's common stock.

Suppose a salesperson tells you that one of his/her goals is to increase sales by the end of the month. Which of the following is probably your best response if the salesperson asked you for feedback related to the S. M. A. R. T. goal setting? a.

You can use the tools of the marketing mix to create and adjust which strategy?

Becton labs, inc., produces various chemical compounds for industrial use. one compound, called fludex, is prepared using an elaborate distilling process. the company has developed standard costs for one unit of fludex, as follows:

When the economy is in a recession, the government can use expansionary fiscal policy to stimulate and encourage economic growth.

Luker Corporation uses a process costing system. The company had $171,500 of beginning Finished Goods Inventory on October 1. It transferred in $848,000 of units completed during the period.