You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. What is the highest price investors would be willing to pay for this security

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)