Steele Corporation has the following information for January, February, and March: January February March
Units produced 10,000 10,000 10,000
Units Sold 7,000 8,500 10,500
Production costs per unit (based on 10,000 units) are as follows:

Direct materials per unit

$12
Direct labor per unit 8
Variable overhead per unit 6
Fixed overhead per unit 4
Variable selling cost per unit 10
Fixed selling & administrative costs per unit 4
There were no beginning inventories for January, and all units were sold for $50. Costs are stable over the three months. Absorption costing income for March was than variable costing income.

What happens when a bank is required to hold more money in reserve?

Amanda works as an industrial designer

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity.calculate the cost of new stock using the dividend growth approach.what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics.each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings.equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g