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Presidential candidate Willard "Mitt" Romney wants to order 10,000 red flip flops to hand out at campaign stops. The left one will read "I'm for it" while the right one will read "I'm against it." He contacts Politically Expedient Footwear to make this custom order. Politically Expedient Footwear currently expects to make 1,090,000 flip flips next month with total monthly fixed costs of $8,675,309. Each pair of flip flops involves $1.50 of materials, $0.57 of labor. However, in order to make them red, the company will need to send out the flip flops to a vendor. The vendor charges a flat fee of $50,000 plus $0.06 per unit. If Politically Expedient Footwear prices the order with a 34% markup, what price should it charge per pair of flip flops?
A) $20.22B) $20.12C) $13.58D) $13.48
Therefore, the company attempted to move the suit from the federal court to a state court, arguing that the federal court had absolutely no jurisdiction over the case. Which court has jurisdiction? Support your answer.
Construct a cash budget for a typical month and calculate the average cash gain or loss during the month.
All cash flows occur at the end of the year. What is the equivalent annual cost (EAC) of this equipment?
Determine g by Rearranging the Conventional DDM Formula. Johnson Corporation's stock is currently selling at $45.83 per share. The last dividend paid was D0 = $2.50.
Companies that are smart and conservative about their buybacks are not just creating value by maximizing float reduction, but they are also signaling to investors that they are likely well managed in other ways
If the tax rate is 40 percent, what is the annual OCF for the project?
The Stafford coal seam contains 25,000 tons of coal. It costs $100 per ton to extract the coal and deliver it to the market.
What is included in other comprehensive income? Why are items included in other comprehensive income, but not included in net income? Should these items be included in net income, or not included at all?
Describe EBIT and discuss why optimal level of leverage from a tax-saving perspective is the level at which interest equals EBIT.
What must the six-month forward rate be to prevent arbitrage?
What is the break-even point and What is the margin of safety ratio and what are the fixed costs?
A preferred stock is currently valued at $49 a share and pays an annual dividend of $4. The par value is $100 per share. What is the rate of return on this security?
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