Meyer inc's total invested capital is $660,000, and its total debt outstanding is $185,000. the new cfo wants to establish a total debt to total capital ratio of 55%. the size of the firm will not change. how much debt must the company add or subtract to achieve the target debt to capital ratio? a. $217,160 b. $178,000 c. $176,220 d. $172,660 e. $138,840

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment