Sam would like to use his extensive stamp collection as collateral for a secured loan. sam has documentation that says his stamp collection is worth $10,525.00. sam's bank has a policy that permits loan officers to lend no more than 82.5% of the value of the collateral. what is the maximum loan amount sam can get from his bank using his stamp collection as collateral?

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.

Sole proprietorships produce more goods and services than does any other form of business organization.