Black river tours has a capital structure of 55 percent common stock, 5 percent preferred stock, and 40percent debt. the firm has a 30 percent dividend payout ratio, a beta of 1.21, and a tax rate of 34 percent. given this, which one of the following statements is correct?
a. the after tax cost of debt will be greater than the current yield-to-maturity on the firm's outstanding bonds.
b. the firm's cost of preferred is most likely less than the firm's actual cost of debt.
c. the firm's cost of equity is unaffected by a change in the firm's tax rate.
d. the cost of equity can only be estimated using the capital asset pricing model.
e. the firm's weighted average cost of capital will remain constant as long as the firm’s capital structure remains constant.

Reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $6 per share; the stock sold for $50 per share just after the dividend was paid. what is the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done