buckeye industries has a bond issue with a face value of $1,000 that is coming due in one year. the value of buckeye’s assets is currently $1,220. urban meyer, the ceo, believes that the assets in the firm will be worth either $930 or $1,450 in a year. the going rate on one-year t-bills is 5 percent.

a-1 what is the value of the company’s equity? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

value of equity $

a-2 what is the value of the debt? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

value of debt $

suppose the company can reconfigure its existing assets in such a way that the value in a year will be $930 or $1,730.

b. if the current value of the assets is unchanged, what is the new value of the company's equity? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery.can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.