You are in a clothing store and like a pair of pants and a t-shirt. You only have enough money for one item of clothing. You decide to buy the pants. What is the opportunity cost?

Steeler Manufacturers reported the following information from its income statement and balance sheet: Income Statement: Net Sales = $2,500,000 Gross Profit = $1,200,000 Net Income = $750,000 Balance Sheet: Total Assets, beginning =

The bonds of Topstone Industries are currently selling for 103.3 percent of their face value. These bonds mature in 14 years and pay an annual coupon of 7 percent of face value. What is Topstone's pre-tax cost of debt? A) 6.63 percentB) 7.

A company purchased new furniture at a cost of $16,000 on January 1. The furniture is estimated to have a useful life of 6 years and a $1,000 salvage value. The company uses the straight-line method of depreciation.

In the current yearMr. D sold a parcel of land (acquired and held for investment), which had an adjusted basis to him of $25,000 for $37,500 cash and artwork with a fair market value of $12,500. The buyer also assumed $10,000 mortgage on the land.

The balance sheet of Cattleman's Steakhouse shows assets of $86,700 and liabilities of $14,500. The fair value of the assets is $90,500 and the fair value of its liabilities is $14,500.

Economies of scale are ways that a company can lower the cost per unit by selling more units overall A. True B. False

Suppose warren buffet withdraws $1 million from his checking account at chase manhattan bank. if the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

The market system's answer to the fundamental question "how will the goods and services be produced?" is essentially

You're trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.1 million, which will be depreciated straight-line to zero over its four-year life.

What is the difference is between saving and investing?