College gets more expensive – again. tuition at public four-year colleges rose 2.9 percent this year, to an average of $8,893 per year. out-of-state students pay an average of $22,203 to attend. private four-year colleges also saw tuition increases of 2.9 percent – to an average of $30,094. these tuition hikes come on the heels of a 4.5 percent jump in 2012-13 and 8.5 percent in 2011-12. tuition prices have been outpacing general inflation rates for many years. source: the college board if tuition for private four-year colleges was $10,337 in 2010-2011, how much was it in: instructions: enter your responses rounded to two decimal places. (a) 2011-12? $ (b) 2012-13? $ (c) 2013-14? $

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: