1. Which of the following decisions is most likely to affect a firm’s capital structure and is therefore a financing decision? A) acquiring another company using cash B) spend $7.6 billion on research and development C) issue new corporate bonds
2. Marvine Gate bought some fencing from a wholesaler for $6,000. The wholesaler offered a trade discount of 35%. What was the original price? (Round to the nearest cent.)
3. Compute the value in 23 years of a $1,000 deposit earning 10 percent per year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)