The distribution of income for Abbyville is as follows: Number of Families Income 300 less than $15,000 500 between $15,000 and $20,000 900 between $20,000 and $25,000 600 between $25,000 and $30,000 200 over $30,000 If the poverty rate in Abbyville is 12 percent, what is the poverty line in Abbyville? a. $15,000. b. $20,000. c. $25,000. d. $30,000.

Diversity is an obstacle all marketers face: true false

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

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?