Jack corporation uses horizontal analysis to compare its income statement from year to year. jack corporation reported the following data last year as well as the percent change when compared to the current year:

total last year % change in current year
sales revenue $600,000 7.00%
cost of goods sold $180,000 1.00%
gross profit $420,000

what is the cost of goods sold in the current year?

a. $657,600
b. $560,748
c. $642,000
d. $42,000

Which of the following is not a consideration when determining your asset allocation

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?