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The following results were obtained in pre-transfusion testing. The most probable cause of these results is:   37°C IAT Screening cell I 0 3+ Screening cell II 0 3+ Autocontrol 0 3+

What is the yield to maturity for the following bond: current price is $904, coupon rate is 11 percent, $1,000 par value, interest paid annually, eight years to maturity?

A firm’s sales price per unit is $35, its variable cost per unit is $22.50, and its fixed costs are $525,000.  What is the firm’s operating breakeven point?

Table 3.4 Hennesaw Lumber, Inc. estimates that its sales in 2018 will be $4,500,000. Interest expense is to remain unchanged at $105,000 and the firm plans to pay cash dividends of $150,000 during 2018. Hennesaw Lumber, Inc.’s income statement for the year ended December 31, 2017 is shown below.  Income Statement Hennesaw Lumber, Inc. For the Year Ended December 31, 2017 Sales Revenue                         $4,200,000 Less: Cost of goods sold            3,570,000 Gross Profits                               $630,000 Less: Operating Expenses             210,000 Operating profits                          $420,000  Less: Interest expense                   105,000  Net profits before taxes               $315,000  Less: Taxes (40%)                        126,000  Net profits after taxes                 $189,000  Less: Cash dividends                    120,000  To: Retained earnings                   $69,000 The pro forma net profits after taxes for 2018 are (See Table 3.4) 

An increase in the beta of a corporation indicates ________, and, all else being the same, results in ________.

A firm with unlimited funds must evaluate five projects. Projects 1 and 2 are independent and Projects 3, 4, and 5 are mutually exclusive. The projects are listed with their returns. Project    Status                          Return(%) 1              Independent                    14 2              Independent                    12 3              Mutually exclusive         10 4              Mutually exclusive         15 5              Mutually exclusive         12 A ranking of the projects on the basis of their returns from the best to the worst according to their acceptability to the firm would be

According to capital structure theory, the value of the firm will be maximized when

A firm is evaluating a proposal which has an initial investment of $35,000 and has cash flows of $15,000 for 3 years.  The firm’s cost of capital is 10%. The internal rate of return of the project is

When evaluating a capital budgeting project, the change in net working capital must be considered as part of

A firm’s common stock is currently selling for $18 per share. The dividend expected to be paid at the end of the coming year is $1.74. Its dividend payments are expected to grow at a constant rate of 3% in the future. It is expected that a new common stock issue must be underpriced $1 per share. Additionally, the firm’s marginal tax rate is 40 percent.  The cost of new common stock is