Nashville is considering two options for limiting the number of cabs operating in the city. The first option is to charge a very high license fee each year on each cab, and the second option is to charge a per ride tax. Assume that the long-run supply curve is horizontal in the unconstrained competitive equilibrium, there is free entry and exit, that individual cabs face increasing marginal costs of giving rides, and that the costs facing a cab don't depend upon the number of competitors. Comparing the two options by considering the effects on welfare and government revenue, which is the best option and why?

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false