Mountaintop golf course is planning for the coming season. investors would like to earn a 12% return on the company's $ 50 comma 000 comma 000 of assets. the company primarily incurs fixed costs to groom the greens and fairways. fixed costs are projected to be $ 22 comma 000 comma 000 for the golfing season. about 440 comma 000 golfers are expected each year. variable costs are about $ 19 per golfer. mountaintop golf course has a favorable reputation in the area and therefore, has some control over the price of a round of golf. using a costminusplus approach, what price should mountaintop charge for a round of golf?

Grace period is a period of time before the credit card company starts charging late fees.truefalse

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?

Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)