The mann company currently has 95,000 outstanding shares selling at $96 each. the firm is contemplating the declaration of a $5 dividend at the end of the fiscal year that just began. assume there are no taxes on dividends. answer the following questions based on the miller and modigliani model, which is disscussed in the text. a) what will be the price of the stock on the ex-dividend date if the dividend is declared? b) what will be the price of the stock at the end of the year if the dividend is not declared? c) if mann makes $2.1 million of new investments at the beginning of the period, earns net income of $1.2 million, and pays the dividend at the end of the year, how many shares of new stock must the firm issue to meet its funding needs? d) is it realistic to use the mm model in the real world to value stock? why or why not?

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.

Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.