What would be the cost of new common stock equity for Tangshan Mining if the firm just paid a dividend of $4.25, the stock price is $55.00, dividends are expected to grow at 8.5 percent indefinitely, and flotation costs are $6.25 per share?

The law of _____ addresses the issue of private wrongs committed by one person against another person or his/her property.

A. unjust enrichment B. torts C. contracts D. evidence

Johnson Company purchased land for $30,000. The president of Johnson Company believes that the land is actually worth $35,000. The land can be recorded at $35,000

Indicate whether the statement is true or false