In which transaction cycle would customer sales transaction information be most likely to pass between internal and external accounting information systems?

You were recently hired by Garrett Design, Inc to estimate its cost of common equity. You obtained the following data: D1 = $1.75; P0 = $42.50; gL = 7.00% (constant); and F = 5.00%. What is the cost of equity raised by selling new common stock?

a. 10.77% b. 11.33% c. 11.90% d. 12.50% e. 13.12%

Just going about the business of living provides you with many ______ from which to draw raw material for a speech.

Fill in the blank(s) with the appropriate word(s).