The most recent financial statements for crosby, inc., follow. interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales.

You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?

Max wants to open a basic checking account at his local bank. he needs to bring his and , along with a $50 deposit, to open the account.

Dan mcclure is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season for his bookstore. the book retails at $28.00. the publisher sells the book to dan for $20.00. dan will dispose of all the unsold copies of the book at 75 percent off the retail price, at the end of the season. dan estimates that demand for this book during the season is normal with a mean of 100 and a standard deviation of 42. a. how many books should dan order to maximize his expected profit? b. given the order quantity in part a, what is dan's expected profit? c. the publisher's variable cost per book is $7.50. given the order quantity in part a, what is the publisher's expected profit?