A company reported the following:

Cost of Goods Sold $ 230,000
General, Selling, and Administrative Expenses 10,000
Income Tax Expense 9,700
Inventory 18,000
Net Income 27,900
Sales Revenue 285,000
Sales Discounts 3,900
Sales Returns and Allowances 3,050

What is the amount of gross profit?

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?

Because the demand for wheat tends to be inelastic. true or false

Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?