The boyles ceramics, inc. established a line of credit with a local bank. the maximum amount that can be borrowed under the terms of the agreement is $1,000,000 at an annual rate of 8 percent. a compensating balance averaging 25 percent of the amount borrowed is required. prior to the agreement, boyles had no deposit with the bank. shortly after signing the agreement, boyles needed $240,000 to pay off a note that was due. boyles decides to borrow an amount sufficient to pay the $240,000 note and also to cover the compensating balance. how much must boyles glass borrow?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Ireally need with these questions.6. what level of job security do athletes and sports competitors have? why do you think this is? 22. do you think a musician has more job security than an athlete? explain.37. what is the difference between a public relations specialist and a marketing professional? 47. do you think gender inequalities still exist in the sports industry? explain.50. what are the advantages and disadvantages of labor unions? do you think labor unions are fair to employers? how might they be taken advantage of?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?