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awara: 0 out of 10.00 points Show my answer Air Spares is a wholesaler that stocks engine components and test equipment for the commercial aircraft
awara: 0 out of 10.00 points Show my answer Air Spares is a wholesaler that stocks engine components and test equipment for the commercial aircraft industry. A new customer has placed an order for eight high-bypass turbine engines, which increase fuel economy. The variable cost is $2.6 million per unit, and the credit price is $2.865 million each. Credit is extended for one period, and based on historical experience, payment for about 1 out of every 125 such orders is never collected. The required return is 3.2 percent per period. 9. Randall's has 34,000 shares of stock outstanding with a par value of $1 per share. The market value is $23 per share. The balance sheet shows $152,000 in the capital in excess of par account, $34,000 in the common stock account, and $67,500 in the retained earnings account. The firm just announced a 5 percent (small) stock dividend. What will be the balance in the three accounts after this dividend
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