You own your own Event Company called, “Rave Reviews”. The company has the opportunity to provide a financial quote for two major parties. Having experienced some financial difficulties in the first year of operation of your company, you want to ensure that you choose the most feasible of event for which to prepare a proposal and produce the winning quote. Event #1: The first party is for a top celebrity and will be held at her beachfront mansion. The party will be outdoors, and the goal of the party is to transform the garden area through use of a spectacular theme. The party will be attended by 350 guests and a lavish dinner is expected.

Event #2: The second party is for a Tractor and Farming Equipment Company celebrating their fiftieth year of operation. It is for 500-600 people. The party will be held in a large airport hangar out in the country. Food will be simple and alcohol will be served. Décor is not important, as the entertainment will be the focal point of the event.

Questions
1. Choose which of these two events you would be interested in planning.

2. Describe why this event is the most feasible, given your company’s current financial status.

3. Create a price quote that includes the following:
a. The event’s potential profitability
b. A sample event budget

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?

Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu