Joanna looks out for good bargains for all her purchases. she once bought a t-shirt that was being sold for $50 and perceived it to be a good deal as everything else was priced higher. however, on her next shopping trip, she dismissed the same t-shirt as expensive as the other apparels were being sold at prices much lower than $50. joanna's varying interpretation of the value and meaning for the same product is an example of

Financial information that is capable of making a difference in a decision is

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.