Additional data: a. Acquisition of plant assets was . Of this amount, was paid in cash and was financed by signing a note payable. b. Proceeds from the sale of land totaled . c. Proceeds from the issuance of common stock totaled . d. Payment of a long-term note payable was . e. Payment of dividends was . f. From the balance sheets: December 31, 2021 2020 Current assets: Cash $75,000 $8,700 Accounts receivable 40,000 58,000 Inventory 50,000 72,000 Prepaid expenses 9,200 8,100 Current liabilities: Accounts payable $32,000 $12,000 Accrued liabilities 21,000 79,000

Financial information that is capable of making a difference in a decision is

Examine the following book-value balance sheet for university products inc. the preferred stock currently sells for $30 per share and pays a dividend of $3 a share. the common stock sells for $16 per share and has a beta of 0.9. there are 2 million common shares outstanding. the market risk premium is 9%, the risk-free rate is 5%, and the firm’s tax rate is 40%. book-value balance sheet (figures in $ millions) assets liabilities and net worth cash and short-term securities $ 2.0 bonds, coupon = 6%, paid annually (maturity = 10 years, current yield to maturity = 8%) $ 5.0 accounts receivable 3.0 preferred stock (par value $15 per share) 3.0 inventories 7.0 common stock (par value $0.20) 0.4 plant and equipment 21.0 additional paid-in stockholders’ equity 13.6 retained earnings 11.0 total $ 33.0 total $ 33.0 a. what is the market debt-to-value ratio of the firm? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. what is university’s wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.