The Saunders Investment Bank has the following financing outstanding. Debt: 56,000 bonds with a coupon rate of 5.2 percent and a current price quote of 107.3; the bonds have 11 years to maturity and a par value of $1,000. 18,100 zero coupon bonds with a price quote of 26.5, 28 years until maturity, and a par value of $10,000. Both bonds have semiannual compounding. Preferred stock: 151,000 shares of 3.3 percent preferred stock with a current price of $88 and a par value of $100. Common stock: 2,220,000 shares of common stock; the current price is $88 and the beta of the stock is 1.20. Market: The corporate tax rate is 21 percent, the market risk premium is 7.2 percent, and the risk-free rate is 3.1 percent. What is the WACC for the company

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

In a small group, members have taken on the task roles of information giver, critic/analyzer, and recorder, and the maintenance roles of gatekeeper and follower. they need to fulfill one more role. which of the following would be most effective for their group dynamics? a dominator b coordinator c opinion seeker d harmonizer

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.