Here are book- and market-value balance sheets of the united frypan company: book-value balance sheet net working capital $ 50 debt $ 60 long-term assets 50 equity 40 $ 100 $ 100 market-value balance sheet net working capital $ 50 debt $ 60 long-term assets 205 equity 195 $ 255 $ 255 assume that mm’s theory holds except for taxes. there is no growth, and the $60 of debt is expected to be permanent. assume a 34% corporate tax rate. a. how much of the firm's market value is accounted for by the debt-generated tax shield?

Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year