Suppose Maria's parents want to pay for her undergraduate education at Bard College, which is a small liberal arts school in Upstate New York. Suppose that tuition costs $35,000 for the 1st year. Maria's parents are willing to pay up to $40,000 for the 1st year of tuition. Maria's parents have $35,000 in an FDIC insured certificate of deposit (CD) that contractually pays 5% over the course of the next year. Another bank will give Maria's parents a $35,000 student loan at 3% interest with no money down. The loan is only for 1 year and the interest payment and principal payment are due at the end of the year. Instructions: Use the information in the preface to answer the following questions in an essay format: 1) Should Maria's parents take out a student loan, or should they pay the tuition with the balance in their bank account?
2) Is there any risk or variability in the outcomes of their decision? Explain your reasoning.

Balance sheet baggett company's balance sheet accounts and amounts as of december 31, 2016, are shown in random order as follows: account debit (credit) account debit (credit) income taxes payable $(3,800) additional paid-in capital on preferred prepaid items 1,800 stock $(7,900) additional paid-in capital on common stock (9,300) allowance for doubtful accounts (1,600) land 12,200 bonds payable (due 2020) (23,000) notes payable (due 2019) (6,000) buildings 57,400 notes receivable (due 2018) 16,400 sinking fund to retire bonds payable 5,000 accounts receivable 12,600 advances from customers (long-term) (2,600) premium on bonds payable (1,400) cash 4,300 accounts payable (13,100) accumulated depreciation: equipment (9,700) inventory 7,400 retained earnings (18,300) accumulated depreciation: buildings (21,000) preferred stock, $100 par (18,600) patents (net) 4,600 wages payable (1,400) equipment 28,700 common stock, $10 par (12,700) required: 1. prepare a december 31, 2016 balance sheet for the baggett. baggett company balance sheet december 31, 2016 assets current assets: $ $ $ long-term investments: $ property, plant, and equipment: $ $ $ intangible assets: liabilities current liabilities: $ $ long-term liabilities: $ $ other liabilities: shareholders' equity contributed capital: $ $ $ $ 2. compute the debt-to-assets ratio. round to one decimal place. do not enter a percent sign (%) as part of your answer. %

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):