Wear ever is expanding and needs $6.8 million to fund this growth. the company estimates it can sell new shares of stock for $43 a share. it also estimates it will cost an additional $352,000 for filing and legal fees related to the stock issue. the underwriters have agreed to a spread of 7.5 percent. how many shares of stock must be sold for the company to fund its expansion?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?