jamal, kareem, rashid and associates are in the process of evaluating its new client services for the business consulting division. bullet estate planning, a new service, incurred $ 110 comma 000 in development costs and employee training. bullet the direct costs of providing this service, which is all labor, averages $ 32 per hour. bullet other costs for this service are estimated at $ 480 comma 000 per year. bullet the current program for estate planning is expected to last for two years. at that time, a new law will be in place that will require new operating guidelines for the tax consulting. bullet customer service expenses average $ 99 per client, with each job lasting an average of 400 hours. the current staff expects to bill 56 comma 000 hours for each of the two years the program is in effect. billing averages $ 52 per hour. what is estimated lifeminuscycle operating income for the first year

The text states that the committee “expects inflation to rise gradually toward 2% over the medium term as the labor market improves further….” why would the fomc expect inflation to rise because of improvements in the labor market?

Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage