John’s specialty store uses a perpetual inventory system. the following are some inventory transactions for the month of may: john’s purchased merchandise on account for $5,000. freight charges of $300 were paid in cash. john’s returned some of the merchandise purchased in (1). the cost of the merchandise was $600 and john’s account was credited by the supplier. merchandise costing $2,800 was sold for $5,200 in cash. required: prepare the necessary journal entries to record these transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

The blank is type of decision-maker who over analyzes information

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %