Smith brothers has no retained earnings. the company uses the capm to calculate the cost of equity capital. the company's capital structure consists of common stock, preferred stock, and debt. which of the following events will reduce the company's wacc?

a. the flotation costs associated with issuing new common stock increase. b. the company's beta increases. c. expected inflation increases. d. the flotation costs associated with issuing preferred stock increase. e. the market risk premium declines.

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false

Fabian got into an accident on his way to work. he had multiple fractures in his leg. his doctor advised strict bed rest for at least three months.fabian is a freelance wildlife photographer who usually works on a contract basis, and this is his primary source of income. before the accident, fabian was planning his finances. which goal of his financial plan would fabian in getting through without pay for the next three months? the goal that requires the creation of a/an would fabian get through the next three months without pay.

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?