Armstrong Corporation manufactures bicycle parts. The company currently has a $20,400 inventory of parts that have become obsolete due to changes in design specifications. The parts could be sold for $7,900, or modified for $10,900 and sold for $22,100. Required: 1. Identify the relevance of the data given in the exercise to the decision about what to do with the obsolete parts.

Abc company currently pays a dividend of $2.15 per share, d0=2.15. it is estimated that the company’s dividend will grow at a rate of 30 percent per year for the next 3 years, then the dividend will grow at a constant rate of 7 percent thereafter. the market rate of return is 9 percent. what would you estimate is the stock’s current price?

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.