Mel and Helen own a beachfront home in Myrtle Beach, S. C. During the year, they rented the house for 5 weeks (35 days) at $800 per week and used the house for personal purposes 65 days. The costs of maintaining the house for the year were:

Plack Co. purchased 10,000 shares (2% ownership) of Ty Corp. on February 14, 2001. Plack received a stock dividend of 2,000 shares on April 30, 2001, when the market value per share was $35.

Bonita Industries had 809000 shares of common stock outstanding at December 31, 2021. In addition, it had 149000 stock options outstanding, which had been granted to certain executives, and which gave them the right to purchase shares of Bonita's

G two firms, firm x and firm y, are both considering investing in project z, which has an irr of 10.60%and a beta of 0.9. firm x has an asset beta of 0.7 and firm y's asset beta is 1.2.

Check My Work As a counselor at this summer camp, you are coming into contact with a lot of coworkers, campers, and parents from different states and countries, various religious backgrounds, and various economic situations.

A portfolio comprises two stocks, A and B, with equal amounts of money invested in each. If stock A's stock price increases and that of stock B decreases, the weight of stock A in the portfolio will increase. True False

On January 2, year 2, Air, Inc. agreed to pay its former president $300,000 under a deferred compensation arrangement. Air should have recorded this expense in year 1 but did not do so.

A home improvement firm has quoted a price of? $9,800 to fix up? eric's backyard. five years? ago, eric put? $7,500 into a home improvement account that has earned an average of? 5.25% per year.

A budget surplus a. exists when government spending is greater than tax revenues. b. causes government debt to increase. c. occurs when the government has debt equal to zero. d. reduces the government's debt.

Monique was looking for a venue for her wedding reception. When she visited one potential location, she noticed that the landscaping was not complete, and there was stained carpet in the lobby.

A monthly fixed rate mortgage payment--- A. could change. B. never changes. C. increases annually. D. decreases annually.