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Assume that $2 mil of Financial Services are related to billing and managerial reporting and $1 mil are related to payroll and personnel management activities.
a. Devise and implement a cost allocation scheme that recognizes that Financial Services has two widely different functions?
b. Is there any additional information that would be helpful in completing part a?
c. What are the costs and benefits to St Mary's of creating two cost pools for Financial Services?
Blue Water Designs is making a bond offering with a 7% coupon rate and a face value of $1,000. The bonds will be repaid in five years. The company plans to issue the bonds at par value and pay interest semiannually.
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Establish a Section 401(k) plan
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