12. stocks a and b have the following data. the market risk premium is 6.0% and the risk-free rate is 6.4%. assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is correct? a b beta 1.10 0.90 constant growth rate 7.00% 7.00% a. stock a must have a higher stock price than stock b. b. stock a must have a higher dividend yield than stock b. c. stock b's dividend yield equals its expected dividend growth rate. d. stock b must have the higher required return. e. stock b could have the higher expected return.

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)