1. Miranda uses a credit card to make routine purchases. In the past, she could pay her total credit card bill every month. However, recently she’s been spending a lot more on clothes and eating out, so she’s started carrying a balance on her card. What type of expense is Miranda dealing with?
How did you arrive at this answer?

2. Mateo owns a clothing store. It’s getting close to the holiday season, and he’s hired a few temporary workers to cover the longer hours. Mateo needs to budget his money to pay these additional wages.
What type of expense is Mateo dealing with?
How did you arrive at this answer?

3. Thomas is excited about the new truck he purchased. Now, he needs to add the monthly truck payment to his budget as a new expense.
What type of expense is Thomas dealing with?
How did you arrive at this answer?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions