Business, 23.04.2020 21:53 iicekingmann
Which of the following, if true, would illustrate why price indexes such as the College Student Price Index (CSPI) might overstate inflation in the cost of going to college?
a) Professors required each student to buy 10 textbooks, regardless of the price.
b) As the price of textbooks increased, more and more students turned to the used-book market of chose not to buy textbooks at all and use the copies on reserve in the library.
c) A new, safe method of memory enhancement became available for purchase.
d) The quality and design calculators improved dramatically from 2010 to 2012. For example, calculators made in 2012 accept memory cards, whereas those made in 2010 do not.
Answers: 3
Business, 22.06.2019 06:10
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 %
Answers: 2
Business, 22.06.2019 15:20
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
Business, 22.06.2019 18:50
Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right
Answers: 3
Which of the following, if true, would illustrate why price indexes such as the College Student Pric...
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