Levinson’s department store is having a special sale this weekend. customers charging purchases of more than $50 to their store credit card will be given a special levinson’s lottery card. the customer will scratch off the card, which will indicate the amount to be taken off the total amount of the purchase. listed below are the amount of the prize and the percent of the time that amount will be deducted from the total amount of the purchase.

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?