Writing Activity Imagine every senior at THS has a car and they have the
ability to drive to school. There are a limited number of
parking spots on campus, how will you allocate them to the
student body. Some things not to forget:
450 Seniors! Only 400 total parking spots (including staff)
• Must have handicap spots (15 or more)
• Must have teacher/faculty spots (cafeteria workers,
counselors, Administrators) 120 total
• Not all students will get spots
• Should Juniors get spots?
Who get the close spots? Who has the further spots?
Car pool? What does money go towards?
• Which methods of allocating did you use?
• Why do you think this method is the best/most
efficient?
• Is your method fair for everyone? Who is it not fair for?

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years