Answer:
<em>15,101.15 shares</em>
Explanation:
<em>Northwestern Lumber products has =17,500 shares of stock</em>
<em>The Manager Patricia considers issuing $135,000 of debt, at an interest rate of 6.6%</em>
<em>Let us find how many shares of stock will be outstanding once the debt is issued,</em>
<em>Given that </em>
<em>$65,000/17,500 = ($65,000 − 135,000(.066))/X
</em>
<em>Then X = 15,101.15 shares</em>
Answer:
31%
Explanation:
The current price is $3,863.99
The precious price is $5,599.99
The actual difference in price is $5,599.99 - $3,863.99
=$ 1, 736.00
Percentage decrease will be actual decrease/ original price X 100
= $ 1736.00/ $5,599.99 x 100
=0.31 x 100
=31%
I don’t even know to be honest only commenting to get some points ....:
