On January 1, Gucci Brothers Inc. started the year with a $708,000 balance in Retained Earnings and a $598,000 balance in common stock. During the year, the company reported net income of $95,000, paid a dividend of $14,900, and issued more common stock for $20,500. What is total stockholders' equity at the end of the year?

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Why is accountability important in managing safety

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.