Wilbert’s, inc. paid $90,000, in cash, for a piece of equipment three years ago. last year, the company spent $10,000 to update the equipment with the latest technology. the company no longer uses this equipment in its current operations and has received an offer of $50,000 from a firm who would like to purchase it. wilbert’s is debating whether to sell the equipment or to expand its operations such that the equipment can be used. when evaluating the expansion option, what value, if any, should wilbert’s assign to this equipment as an initial cost of the project? a.$40,000b.$50,000c.$60,000d.$80,00 0e.$90,000

Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?

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 %

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?