Amarried couple is trying to finance their three-year-old son’s college education. money can be deposited at 6% compounded quarterly. what end-of-quarter deposit must be made from the son’s 3rd birthday to his 18th birthday to provide $ 60,000 on each birthday from the 18th to the 21st? (note that the first deposit comes three months after his 3rd birthday and the last deposit is made on the date of the first withdrawal.)

Partnerships are the most common type of business firms in the world. t/f

Rossdale co. stock currently sells for $68.91 per share and has a beta of 0.88. the market risk premium is 7.10 percent and the risk-free rate is 2.91 percent annually. the company just paid a dividend of $3.57 per share, which it has pledged to increase at an annual rate of 3.25 percent indefinitely. what is your best estimate of the company's cost of equity?

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?