Harley and Quinn are refinancing their home and their lender is charging them 1% for their loan commitment fee. Their loan amount is $192,000, their interest rate is 4.75%, and their appraised value is $275,000. Harley and Quinn will pay a loan commitment fee.

Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625