Jack's construction co. has 80,000 bonds outstanding that are selling at par value. bonds with similar characteristics are yielding 8.6 percent. the company also has 4 million shares of common stock outstanding. the stock has a beta of 1.1 and sells for $40 a share. the u. s. treasury bill is yielding 4 percent and the market risk premium is 8 percent. jack's tax rate is 34 percent. what is jack's weighted average cost of capital?

If you were running a company, what are at least two things you could do to improve its productivity.

> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)