Firm employs 100 workers and has 2 divisions, each in perfectly competitive markets. division a produces tape measures and division b produces saws. how should the firm allocate its workers to maximize efficiency?

allocate workers between the divisions so the average cost of producing tape measures equals the average cost of producing saws.

allocate workers to the division with the lowest marginal product of labor and divest from the other division.

allocate workers so the marginal product of labor is the same in both divisions.

iii only.

ii and iii only.

ii only.

i only.

How do you get a monthly budget spend down

Which type of investment offers both capital gains and interest income? a. property b. cds c. stocks d. bonds

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.