On december 31, 2017, kate holmes company has $7,000,000 of short-term debt in the form of notes payable to gotham state bank due in 2018. on january 28, 2018, holmes enters into a refinancing agreement with gotham that will permit it to borrow up to 60% of the gross amount of its accounts receivable. receivables are expected to range between a low of $6,000,000 in may to a high of $8,000,000 in october during the year 2018. the interest cost of the maturing short-term debt is 15%, and the new agreement calls for a fluctuating interest at 1% above the prime rate on notes due in 2022, holmes's december 31, 2017, balance sheet is issued on february 15, 2018. prepare a partial balance sheet for holmes at december 31, 2017, showing how its $7,000,000 of short-term debt should be presented. (enter account name only and do not provide descriptive information.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.