QUESTION 3: Jenna is the owner and president of ABC Restaurant. Boss Company employs Jake, a chef. Jake also is a freelance chef. Jake is hired by Tatiana individually to cater her wedding as a freelance job, and writes her deposit check of $5,000 payable to "Jake." Jake uses the ABC Restaurant refrigerators without telling them to store the meat for use at Tatiana’s wedding. The night before the wedding, the power goes out at ABC Restaurant and all of its refrigerators’ contents go bad. Jake is unable to provide Tatiana with the catered food agreed to as a result. Tatiana sues Jake and ABC Restaurant for monetary damages as a result of having to pay elevated and higher prices to find a last-minute caterer for her wedding. 1) Does Tatiana have a valid lawsuit against Jake? 2) Explain what legal theories she might sue him under and whether you think she might win, making sure to discuss how the elements of such a lawsuit might be met. 3) Does Tatian have a lawsuit against ABC Restaurant? 4) Explain what legal theories might apply to support whether or not she might have a lawsuit against ABC Restaurant.

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?

On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)