Leroy Corporation is a $300 million business active in the production of widgets. Target weights of 20% debt and 80% equity in the capital structure have been achieved. The before-tax cost of debt for Leroy Corporation is estimated to equal the yield to maturity on its most recent issue of their bonds which is equal to 4%. Interest payments to be made on Leroy Corporation debt qualifies as a tax deductible expense while dividend payments made to common stockholders do not qualify for a corporate tax deduction. The marginal corporate tax rate for Leroy Corporation is estimated to equal 30%. At present, any flotation costs associated with any possible future sales of equity or debt capital are to be ignored in the cost of capital calculations. The risk free rate of interest is estimated to equal 3%. Beta for Leroy Corporation common stock is estimated to equal 1.2.

Required:
Estimate the market portfolio.

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

Tina is applying for the position of a daycare assistant at a local childcare center. which document should tina send with a résumé to her potential employer? a. educational certificate b. work experience certificate c. cover letter d. follow-up letter

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.