surround, inc. provides the following data: surround, inc. comparative balance sheet dec. 31, 2019 assets current assets: cash and cash equivalents $29,000 account receivable, net 31,000 merchandise inventory 53,000 total current assets $113,000 property, plant, and equipment, net 120,000 total assets $233,000 liabilities current liabilities: accounts payable $4,300 notes payable 2,900 total current liabilities $7,200 long-term liabilities 90,000 total liabilities $97,200 stockholders' equity common stock $31,000 retained earnings 104,800 total stockholders' equity $135,800 total liabilities and stockholders' equity $233,000 calculate the debt to equity ratio.

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?