Current ratio, debt ratio, and earnings per share selected items from successive annual reports of middlebrook, inc., appear as follows. year 2 year 1 total assets (40% of which are current) $400,000 $325,000 current liabilities $ 80,000 $100,000 bonds payable, 12% 100,000 50,000 capital stock, $5 par value 100,000 100,000 retained earnings 120,000 75,000 total liabilities & stockholders’ equity $400,000 $325,000 dividends of $16,000 were declared and paid in year 2. compute the following: a. current ratio for year 2 and year 1. b. debt ratio for year 2 and year 1. c. earnings per share for year 2.

Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)