Joe creel owned a nascar collectibles business named joe's racing collectibles. in 1994, creel brought arnold lilly and roy altizer into the business, which they reformed as a partnership named joe's racing. creel contributed as capital to the partnership inventory and supplies of the old business, valued at $15,000. lilly and altizer each contributed s6,666 in cash to the partnership, and each paid $3,333 to creel for his rights in the existing business. the partners agreed to share profits and losses with 52 percent going to creel and 24 percent each to lilly and altizer. less than a year later, creel died and his wife sought to receive the value of his interest in the partnership. an accountant valued the partnership at $44,589.44. the partnership's creditors were the accountant for s875, mrs. creel $495, lilly s2,187, and altizer $900. what was the value of creel's partnership interest?

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)