You are given the following information concerning parrothead enterprises: debt: 9,000 6.2 percent coupon bonds outstanding, with 20 years to maturity and a quoted price of 104. these bonds pay interest semiannually. common stock: 225,000 shares of common stock selling for $64.50 per share. the stock has a beta of 0.85 and will pay a dividend of $2.70 next year. the dividend is expected to grow by 5 percent per year indefinitely. preferred stock: 8,000 shares of 4.5 percent preferred stock selling at $94 per share. market: a 12 percent expected return, a 5 percent risk-free rate, and a 35 percent tax rate.
required:
calculate the wacc for parrothead enterprises

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?