Bento cuisine is a lunch-cart business. it occupies a street corner in texarkana, a city that straddles the border of arkansas and texas. across the street – and across the state line, which runs down the middle of the street – is rico's tacos. the two businesses compete for customers. recently, bento has begun to suspect that rico's is engaging in competitive behavior that is illegal. bento's manager overheard several of rico's employees discussing these competitive tactics while on a break at a nearby starbucks. bento files a lawsuit against rico's in a federal court based on diversity jurisdiction.1.can rico's file a motion claiming that the federal court lacks jurisdiction over this dispute? 2.based on our discussion, can bento's mgr. testify about what he heard some of rico's employees say to one another while at the coffee shop?

Time value an iowa state savings bond can be converted to $750 at maturity 5 years from purchase. if the state bonds are to be competitive with u.s. savings bonds, which pay 5% annual interest (compounded annually), at what price must the state sell its bonds? assume no cash payments on savings bonds prior to redemption. ignore taxes.

The risk-free rate is 7% and the expected rate of return on the market portfolio is 11%. a. calculate the required rate of return on a security with a beta of 1.92. (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.) b. if the security is expected to return 15%, is it overpriced or underpriced?

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)