During april, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. of these transferred units, 66,000 were in process in the production department at the beginning of april and 264,000 were started and completed in april. april's beginning inventory units were 65% complete with respect to materials and 35% complete with respect to conversion. at the end of april, 88,000 additional units were in process in the production department and were 80% complete with respect to materials and 30% complete with respect to conversion.

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) wacc %

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?

An essential element of being receptive to messages is to have an open mind true or false