Each unit of finished product requires 3 feet of raw materials. the company maintains raw materials inventory equal to 2,000 feet plus 10% of the next month's expected production needs. the raw material used in dustman manufacturing corporation's product costs $4.50 per foot. what is the value of raw material that dustman manufacturing should plan on purchasing for the month of february?

When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.

Amanda works as an industrial designer

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.