Paulis kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. during february, the kennel budgeted for 5,300 tenant-days, but its actual level of activity was 5,320 tenant-days. the kennel has provided the following data concerning the formulas used in its budgeting and its actual results for february: data used in budgeting: fixed element per month variable element per tenant-day revenue - $ 31.80 wages and salaries $ 4,300 $ 7.80 food and supplies 900 12.60 facility expenses 8,700 4.80 administrative expenses 7,700 0.60 total expenses $ 21,600 $ 25.80 actual results for february: revenue $ 109,080 wages and salaries $ 23,630 food and supplies $ 36,803 facility expenses $ 19,380 administrative expenses $ 9,166 the overall revenue and spending variance (i. e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for february would be closest to: a. $9,781 f b. $9,901 f c. $9,781 u d. $9,901 u

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?