When approached by Bob Lanier regarding a $2,000 loan, Dina Dustin demanded a surety and collateral equal to 50% of the loan. Lanier obtained King Surety Company as his surety and pledged rare coins worth $1,000 with Dustin. Dustin was assured by Lanier one week before the due date of the loan that he would have no difficulty in making payment. He persuaded Dustin to return the coins because they had increased in value and he had a prospective buyer. What is the legal effect of the release of the collateral upon King Surety

Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.