At times, businesses require advance payments from customers that will be applied to the purchase price when goods are delivered or services provided. these customer advances represent: liabilities until the product or service is provided. a component of stockholders' equity. long-term assets until the product or service is provided. revenue upon receipt of the advance payment.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc