There are 5 Steps in determining the Forecasting System and they are as follows: 1 Determine the use of the forecast: 2. Select the items to be forecasted: 3. Determine the time horizon of the forecast: 4. Select the forecasting model(s): 5. Gather the data needed to make the forecast: 6. Make the forecast. 7. Validate and implement the results.

Which of the following is not a consideration when determining your asset allocation

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is