A lien release signed by a supplier prevents the supplier from later pursing a mechanic's lien against real property

Blockbuster is a video rental and retail chain. Blockbuster is forecasting its financial statements for Year 3. Selected financial information for Years 1 and 2 is provided in the table

What is the interest expense for Blockbuster in Year 3? (Assume that Blockbuster's average cost of debt is 7.50%.) Selected Financial Information Blockbuster Inc ($ '000) Year 1 Year 2 Short Term Debt 31,890 162,430 Long Term Debt 1,137,256 798,300 Interest Expense 87,686 A) $70,341 B) $72,054 C) $80,667 D) $87,686 E) $135,166

The primary role of a financial system is to

A) make savvy investors rich. B) regulate the banking system. C) enable financial managers to evaluate investment projects with a system that always selects the correct opportunity for their firm. D) channel funds from savers to borrowers who need funds for investment projects. E) provide employees in financial institutions with a code of ethics.