A firm should consider vertical integration when a. customer needs are evolving. b. the suppliers of the firm willingly cooperate with the firm. c. the competitive situation is highly volatile. d. the suppliers of raw materials to the firm are unable to maintain quality standards.

You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?

If you miss two payments on a credit card what is generally the penalty

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396