Nov. 1 ryan o’malley invested $51,000 in cash plus tools with a fair market value of $1,600 to start the business. 2 purchased equipment for $2,010 and supplies for $510 from office depot, invoice 501; issued check 100 for $660 as a down payment with the balance due in 30 days. 10 performed services for patricia reed for $2,500, who paid $800 in cash with the balance due in 30 days. 20 purchased machinery for $3,600 from craft machinery, inc., invoice 709; issued check 101 for $1,300 in cash as a down payment with the balance due in 30 days.

The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?

Suppose a ceiling fan manufacturer has the total cost function c(x) = 48x + 1485 and the total revenue function r(x) = 75x. (a) what is the equation of the profit function p(x) for this commodity? p(x) = (b) what is the profit on 35 units? p(35) = interpret your result. the total costs are less than the revenue. the total costs are more than the revenue. the total costs are exactly the same as the revenue. (c) how many fans must be sold to avoid losing money? fans

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out