Corporation X needs $1,000,000 and can raise this through debt at an annual rate of 10 percent, or preferred stock at an annual cost of 7 percent. If the corporation has a 40 percent tax rate, the after-tax cost of each is. A) debt: $100,000; preferred stock: $70,000B) debt: $60,000; preferred stock: $42,000C) debt: $60,000; preferred stock: $70,000D) debt: $100,000; preferred stock: $42,000

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: