The first company to capitalize on the term "official" with regard to a professional sport product was

A. Rawlings.
B. Spalding.
C. Wilson.
D. Diamond.

Answer: B. Spalding.

Business

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In some small claims court, there is no jury and a judge tries the case.

a. true b. false

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Suppose Blank Company has only one project, as forecast above, and an unlevered cost of equity of 8%. If the company borrows $10,000 at 5% to make the investment, what is the return to equity holders if demand is strong?

A) 8.0% B) 8.95% C) 28.6% D) 38.0%

Business