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notka56 [123]
3 years ago
5

Medallion Cooling Systems, Inc., has total assets of $10,000,000, EBIT of $2,000,000, and preferred dividends of $200,000 and is

taxed at a rate of 40%. In an effort to determine the optimal capital structure, the firm has assembled data on the cost of debt, the number of shares of common stock for various levels of indebtedness, and the overall required return on investment:,
a. Calculate earnings per share for each level of indebtedness.,

b. Use Equation 13.12 and the earnings per share calculated in part a to calculate a price per share for each level of indebtedness.,

c. Choose the optimal capital structure. Justify your choice

Business
1 answer:
liraira [26]3 years ago
4 0

Answer:

Explanation:

The two attached pictures shows the explanation for this problem. I hope it help you. Thank you

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7. How does AJ look tyrannical or monarchical with both the tariff/nullification crisis and Indian removal
lapo4ka [179]

Answer:              

Andrew Jackson (AJ for short) was a statesman. He reached the height of this career when he became the 7th President of the United States (POTUS, having served as a soldier and a general in the United States Army). His administration spanned two terms of 4 years each (1829 to 1837)

In direct reference to the question, it can be said that due to his action, he was rather tyrannical than monarchial.

Explanation

On the overall, AJ is regarded by may historians favorably due to his many big wins. Some of those wins which he achieved as POTUS are:

  1. The payment of a long standing national debt
  2. the conclusion of the "most favored nation" treaty with the United Kingdom, which settled claims of damages against France from the Napoleonic Wars,
  3. Prevention of the renewal of the charter of the Second Bank of the United States which was deemed as corrupt established created to enrich the wealthy at the expense of the plebian class and
  4. the recognition Texas as a Republic. It may be worthy of note that he was the first POTUS to have survived an assassination attempt as a sitting president.

Irrespective of the above, his career was marred by two major dents:

  • The endorsement of the of the 1830 Indian Removal Act which forced many Native American tribes in the South to a space that became known as the Indian Territory. The forceful relocation was deemed necessary by the Blue Bloods (White Population) and resulted in mass suffering, mass death by many who where diseased during the forced relocation.
  • The Nullification Crises: For some reason, the congress approved a bill which by itself was designed to fail or be disapproved. It placed a huge tariff (as much as 45%, a historic high) on the Southern Cotton Farmers. The bill became known as the "Tariff of Abominations". He later conceded to several downward revisions of the tariff, first to 27% and further downwards later but not after it had caused a lot of rift between the state of South Carolina and the Federal Government where in the South Carolina had declared the bill unconstitutional. This call out against the Federal Government became known as the Nullification Crises.

Cheers

6 0
2 years ago
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they
Tems11 [23]

Answer:

i don't thing i understand the question.

Explanation:

3 0
3 years ago
Which of the following is considered risk?
xxTIMURxx [149]
Im guessing the 3rd or the first Idunno

6 0
3 years ago
By the end of jane eyre, to what extent is jane now equal with rochester? what changes in each of their conditions account for t
Ostrovityanka [42]
It is possible to question Jane Eyre’s proto-feminism on the grounds that Jane only becomes Rochester’s full equal (as she claims to be in the novel’s epilogue-like last chapter) when he is physically infirm and dependent on her to guide him and read to him—in other words, when he is physically incapable of mastering her. However, it is also possible that Jane now finds herself Rochester’s equal not because of the decline Rochester has suffered but because of the autonomy that she has achieved by coming to know herself more fully.<span />
7 0
3 years ago
Speedy has net income of $30,955, and assets at the beginning of the year of $212,000. Assets at the end of the year total $258,
Talja [164]

Answer:

13.17%

Explanation:

Given that;

Net income = $30,955

Asset at the beginning of the year = $212,000

Asset at the end of the year = $258,000

Return on assets = Net income / Average total assets

But,

Average total assets = (Assets at the beginning of the year + Assets at the end of the year ) / 2

Average total assets = ($212,000 + $258,000) / 2

Average total assets = $235,000

Therefore,

Return on assets = ($30,955 / $235,000) × 100

Return on assets = 13.17%

4 0
3 years ago
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