Here are the rules: • Everyone has $86,400 dollars to spend
• You can do anything with this money, except for multiplying their current sum
• You must spend it within ONE day. Otherwise, you lose it
• And you can't bank more money per day
1.
Now answer the following
questions:
How would you spend your
$86,400?
Why did you choose the things
you did to spend money on?
2.

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x, y) →

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396