Anthony Thomas Candies (ATC) reported the following financial data for 2021 and 2020: 2021 2020 Sales $ 322,000 $ 295,000 Sales returns and allowances 7,200 4,400 Net sales $ 314,800 $ 290,600 Cost of goods sold: Inventory, January 1 48,000 21,000 Net purchases 140,000 133,000 Goods available for sale 188,000 154,000 Inventory, December 31 63,000 48,000 Cost of goods sold 125,000 106,000 Gross profit $ 189,800 $ 184,600 ATC's gross profit ratio (rounded) in 2021 is: (Round your answer to one decimal place e. g., 0.123 as 12.3%.)

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?

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.