The local supermarket buys lettuce each day to ensure really fresh produce. each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. this week the supermarket can buy fresh lettuce for $3.00 a box. the lettuce is sold for $15.00 a box and the dealer that sells old lettuce is willing to pay $1.50 a box. past history says that tomorrow is demand for lettuce averages 250 boxes with a standard deviation of 32 boxes.

Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased. b. the company's times interest earned ratio decreased. c. the company's basic earning power ratio increased. d. the company's equity multiplier increased. e. the company's debt ratio increased.

Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?