Gunk goblin sells vacuums and just launched a policy where customers have the right to return a vacuum during a three-year period following purchase. gunk management has no experience under this sort of policy and does not believe it can accurately estimate returns. what is the longest period of time that gunk may have to wait before recognizing revenue associated with one of these sales? a. no time delay, recognize revenue upon delivery. b. gunk should recognize revenue as cash is received. c. gunk should defer revenue recognition until costs are recovered. d. three years, after the right of return has expired.

Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots