The credit department of lion’s department store in anaheim, california, reported that 30% of their sales are cash, 25% are paid with a credit card, and 45% with a debit card. twenty percent of the cash purchases, 81% of the credit card purchases, and 65% of the debit card purchases are for more than $50. ms. tina stevens just purchased a new dress that cost $120. what is the probability that she paid cash?

73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above

Why has the free enterprise system been modified to include some government intervention?

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be: