1. the first digit in the account number 520 means that the account is in the
(a) expense division of the general ledger.
(b) revenue division of the general ledger.
(c) liability division of the general ledger.
(d) asset division of the general ledger.

Posting references on the journal should be a. made when journalizing. b. entered when the journal is totaled. c. entered when posting to the ledger. d. entered in alphabetical order.

Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?