Assume for a moment that your four years of college cost you $15,000 a year in out-of-pocket expenses and you give up another $10,000 a year in what you would have earned had you worked full time. Assume the real interest rate is 3 percent. Since the expenses incurred in the second, third, and fourth years are in the future, you must discount them by using the interest rate, in your case, 3 percent.

Which are the best examples of costs that should be considered when creating a project budget?

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.