Afirm has an operating profit of $300,000, interest of $35,000, and a tax rate of 40 percent. the firm has an afterminustax cost of debt of 5 percent and a cost of equity of 15 percent. the firm's target capital structure is set at a mix of 40 percent debt and 60 percent equity. assuming this as the optimum capital structure, the value of the firm is

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Which plan offers a tax-free education?

The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?