Columbia gas company’s (cg) current capital structure is 35% debt and 65% equity. this year cg has earnings after tax of $5.31 million and is paying $1.6 million in dividends. to finance a transmission pipe line, cg can borrow $2 million at a cost of 10%, the same rate that cg is currently paying on a total of $15 million long-term debt. cg has 1,000,000 shares outstanding and its current market price is $31. if cg’s long-term growth rate of dividends is expected to be 8%, what is the weighted cost of capital for the firm? assume a marginal tax rate of 40%. select one: a. a. 10.9% b. c. 19.6% c. b. 13.6% d. d. 16.9%

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?

Look at this section of the 1040ez form. will this individual receive a refund? yes no