Workers then to those in the retail stores. Questions
2-16. Do you agree that it is inequitable to offer the corporate workers
better benefits then the store partners? Why? Is that what the law
would seem to say?
2-17. What arguments would you make as Starbucks' CEO concerning
why the current policy is fair?
2-18. How would you handle this situation if you were running a
company that was confronted by a shareholder making these
demands?

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Which of the following has the largest impact on opportunity cost