Nash Corporation began operations on January 1, 2017. During its first 3 years of operations, Nash reported net income and declared dividends as follows: Net income Dividends declared 2017 $46,700 $ –0– 2018 134,000 55,100 2019 162,200 59,300 The following information relates to 2020. Income before income tax $248,500 Prior period adjustment: understatement of 2018 depreciation expense (before taxes) $29,000 Cumulative decrease in income from change in inventory methods (before taxes) $40,900 Dividends declared (of this amount, $29,000 will be paid on Jan. 15, 2021) $114,400 Effective tax rate 20 %

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %

The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.