An RC petition is filed with the NLRB to request clarification of the composition of a bargaining unit currently certified

The Gearing Company has an after-tax cost of debt capital of 4 percent, a cost of preferred stock of 8 percent, a cost of equity capital of 10 percent, and a weighted average cost of capital of 7 percent. Gearing intends to maintain its current capital structure as it raises additional capital. In making its capital-budgeting decisions for the average-risk project, the relevant cost of capital is:

a. 4 percent. b. 7 percent. c. 8 percent.

Hopeful patrons line up to spin the giant slot machine at the entrance to Ace Rothstein's Tangiers casino

They pour in the door at the rate of 300 per hour and it takes exactly ten seconds every time for the wheels to spin and inform the unlucky patron that they have lost a dollar rather than win a new Corvette. How long do customers spend waiting in line and finding out the unhappy news on average? A) 35 seconds B) 30 seconds C) 25 seconds D) 20 seconds