A managing underwriter has been negotiating with ACME Corporation to underwrite a new issue of ACME common stock. The company wants to raise $100,000,000 and the underwriter intends to offer 1,000,000 shares. The underwriter has negotiated that the issuer will received proceeds of $96,000,000. The selling concession is set at $2 per share and the management fee is $1 per share. The spread per share is: A $4.00 B $3.00 C $2.00 D $1.00

Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)

Of the roles commonly found in the development, maintenance, and compliance efforts related to a policy and standards library, which of the following has the responsibilities of directing policies and procedures designed to protect information resources, identifying vulnerabilities, and developing a security awareness program?

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?