1. Christy likes to drive a little fast, generally just 10-15 miles over speed limit. Because she has received three speeding tickets, her insurance rates have increased. What can Christy do to lower
her premiums?
2. Lacy turns 16 next month. She has been saving to buy a brand new convertible sports car since she was
12 years old. When she talked to her insurance agent about the coverage she needs on her new car,
she could not believe how expensive it would be. What are Lacy's options?
3. Bryan has had a credit card since he started working during his sophomore year in high school. He
loves to use to buy clothes and lunch for his buddies. However, he sometimes forgets to make his
payments and has paid several late fees. As a result, his car insurance premiums have increased.
What should Bryan do?
4. Zhen likes to smoke and goes through about a pack of cigarettes a day. He is going to college
next fall and wants to get a health insurance policy, but is surprised that his premiums will be
increased because of his habit. What should Zhen do?

Consider the following limit order book for a share of stock. the last trade in the stock occurred at a price of $50. limit buy orders limit sell orders price shares price shares $49.75 500 $49.80 100 49.70 900 49.85 100 49.65 700 49.90 300 49.60 400 49.95 100 48.65 600 a. if a market buy order for 100 shares comes in, at what price will it be filled? (round your answer to 2 decimal places.) b. at what price would the next market buy order be filled? (round your answer to 2 decimal places.) c. if you were a security dealer, would you want to increase or decrease your inventory of this stock? increase decrease

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

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?