1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
14

Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.

Plan II would result in 9,800 shares of stock and $247,000 in debt. The interest rate on the debt is 10 percent. The all-equity plan would result in 15,000 shares of stock outstanding. Ignore taxes for this problem. a. What is the price per share of equity under Plan I
Business
1 answer:
velikii [3]3 years ago
4 0

Answer: $47.50

Explanation:

The price pr share given debt and the number of shares if the company had both an all equity structure and a mixed structure can be expressed as;

Price per Share = Debt Value / (Number of Shares under All-equity plan - Number of shares under mixed plan)

Price per share = 109,250 / (15,000 - 12,700)

= 109,250 / 2,300

= $47.50

You might be interested in
Suppose you are a leader responsible for an organization’s vision/mission statements. How often do you think they should be chan
Roman55 [17]

Explanation:

Vision and mission statements are extremely important for a company to convey its core values ​​to its employees, suppliers and customers. They help communicate the company's identity and provide direction and set goals that are fundamental to organizational success. They are considered the basis of an organization, <u>so it is not recommended that changes in vision and mission are frequent</u>, the reasons that justify the change <u>would be the change of the organizational focus and the evolution of the organizational objectives and expansion of the target audience.</u>

8 0
3 years ago
_____ is the process for reviewing key roles and determining the readiness levels of potential internal and external candidates
lapo4ka [179]
I thinks it’s B but dont take my word
8 0
3 years ago
Who do you think has the least<br> influence? Why?
tatuchka [14]

Answer:

good stuff

Explanation:

people these days (including me sometimes) put more energy into bad things and negative things .and its partly social media's fault.

3 0
2 years ago
How does the FDIC monitor banks?
Lynna [10]

FDIC monitor banks by analyzing Call Report data and examination findings relative to the emerging trends.

The FDIC monitor banks to ensure that they are operating within the bounds of the law and are not engaging in any illegal or unsafe practices. They also work to ensure that banks are providing customers with the best possible service and are protecting their deposits

If the FDIC finds that a bank is not meeting these standards, they will take action to correct the situation. As a result, the FDIC has a better understanding of the risks that banks face and is better equipped to protect consumers from financial fraud.

To know more about banks, click here.

brainly.com/question/14042269

#SPJ4

7 0
1 year ago
Which tab would help you toggle between views?
dmitriy555 [2]

Answer:

Design

Explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Based on the information provided by this map, which body of water was most likely the center of roman trade
    8·1 answer
  • Masters Golf​ Products, Inc., spent 4 years and $ 1 comma 200 comma 000 to develop its new line of club heads to replace a line
    9·1 answer
  • Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers real
    7·2 answers
  • Carlisle State College had the following account balances for the year ended and as of June 30, 2018. Debits are not distinguish
    12·1 answer
  • f Italy can produce 100,000 more pounds of chocolate every year by forgoing the production of 200,000 pounds of pasta, what is t
    6·1 answer
  • Kaitlin works with her clients to increase visibility and use of their websites using
    9·1 answer
  • Which one of the following measures the average amount of time that it takes to repair a system, application, or component?
    11·1 answer
  • What is the median of this<br> data?<br> 3, 4, 7, 6, 1
    9·2 answers
  • The divisions of a corporation, working together, accomplished an ROI that is greater than they did when each division worked in
    11·1 answer
  • what is an example of an activity that would be considered a management function for an sec audit client?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!