Anderson corp. has the following information: beginning inventory (1/1) ending inventory (12/31) direct materials inventory $20,000 $30,000 work in process inventory $16,000 $18,000 finished goods inventory $50,000 $40,000 additional information for the year is as follows: direct materials used $90,000 direct labor incurred $75,000 manufacturing overhead applied $95,000 cost of goods manufactured $258,000 compute the cost of goods sold.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)