Which one of these statements is correct?

a. Flotation costs increase the value of RS.
b. The weighted average cost of capital is equal to B /S(RS)(1 – tc).
c. The discount rate for levered equity is unaffected by the debt-equity ratio.
d. The cost of equity for an all-equity firm is less than the cost of equity for a levered firm.
e. The cost of levered equity is indirectly related to beta.

You wants to open a saving account.which account will grow his money the most

Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund