19. Rachel, the chief financial officer of Sunrise Fruit Snacks, needed to determine the company’s projected cost of capital for next year. To do so, she needed to know the following information except   Group of answer choices a. The projected debt level for next year b. The projected cash balance for next year c. The projected interest rate on next year’s debt d. The projected equity level for next year

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Please answer 19, 20. Thank you!. 
 
19. Rachel, the chief financial officer of Sunrise Fruit Snacks, needed to determine the company’s projected cost of capital for next year. To do so, she needed to know the following information except
 
Group of answer choices
a. The projected debt level for next year
b. The projected cash balance for next year
c. The projected interest rate on next year’s debt
d. The projected equity level for next year
 
 

20. The next year revenue budget for Josiah’s department calls for an increase of 20%. After a great deal of research, he has determined that the price elasticity for his best-selling products is 1.25. In this situation, Josiah should take which following action in order to increase revenue from these products?

Group of answer choices
a. Keep the prices the same
b. Offer a buy one/get one sale
c. Decrease prices
d. Raise prices
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