A risk analyst gives Oracle Corporation, the enterprise software and database management firm, a CAPM equity beta of 1.8. As of May 2011, the risk free rate is 1.1 percent, the market risk premium is 6%, the analyst is forecasting for Oracle to have EPS of $3.00 per share and P/E ratio to be 18.0, for the fiscal year ending May 31, 2012. The company is expected to pay $9.56 in dividends per share for the fiscal year. The value per share of equity of Oracle Corporation is:

Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.