River enterprises has $500 million in debt and 20 million shares of equity outstand- ing. its excess cash reserves are $15 million. they are expected to generate $200 million in free cash flows next year with a growth rate of 2% per year in perpetuity. river enterprises’ cost of equity capital is 12%. after analyzing the company, you believe that the growth rate should be 3% instead of 2%. how much higher (in dol- lars) would the price per share of stock be if you are right?

Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?

Databases, though on the internet, only