Consider a firm with an EBIT of $1,001,000. The firm finances its assets with $4,520,000 debt (costing 8.1 percent) and 201,000 shares of stock selling at $15.00 per share. To reduce risk associated with this financial leverage, the firm is considering reducing its debt by $2,520,000 by selling additional shares of stock. The firm is in the 40 percent tax bracket. The change in capital structure will have no effect on the operations of the firm. Thus, EBIT will remain at $1,001,000.
Calculate the EPS before and after the change in capital structure and indicate changes in EPS. (Negative answer should be indicated by a minus sign. Round your answers to 2 decimal places.)
EPS BEFORE
EPS AFTER
DIFFERENCE
In: Accounting
In: Finance
Currently, Warren Industries can sell 20 dash year, $1000-par-value bonds paying annual interest at a 13% coupon rate. Because current market rates for similar bonds are just under 13%, Warren can sell its bonds for $960 each; Warren will incur flotation costs of $35 per bond. The firm is in the 22% tax bracket.
a. Find the net proceeds from the sale of the bond, Upper N Subscript d.
b. Calculate the bond's yield to maturity (YTM) to estimate the before-tax and after-tax costs of debt.
c. Use the approximation formula to estimate the before-tax and after-tax costs of debt.
In: Finance
1.) Generate an array of 10 random numbers between 1 - 100 2.) Copy the array to a temp array 3.) Call each of the methods to sort (bubble, selection, insertion, quick, merge), passing it the array 4.) In-between the calls, you are going to refresh the array to the original numbers. 5.) Inside of each sorting method, you are going to obtain the nanoseconds time, before and after the method Subtract the before time from the after time to obtain total time in nanoseconds 6.) Display the amount of time that the sort took 7.) Tell me which sort was fastest.
help please this is java please use simple code
In: Computer Science
Currently, Warren Industries can sell 15-year, $1000-par-value bonds paying annual interest at a 11% coupon rate. Because current market rates for similar bonds are just under 11%, Warren can sell its bonds for $960each; Warren will incur flotation costs of $30per bond. The firm is in the 29% tax bracket.
a. Find the net proceeds from the sale of the bond,Upper N Subscript d.
b. Calculate the bond's yield to maturity (YTM) to estimate the before-tax and after-tax costs of debt.
c. Use the approximation formula to estimate the before-tax and after-tax costs of debt.
In: Finance
Currently, Warren Industries can sell 10 dash year , $1,000 -par-value bonds paying annual interest at a 14% coupon rate. Because current market rates for similar bonds are just under 14%, Warren can sell its bonds for $980 each; Warren will incur flotation costs of $20 per bond. The firm is in the 25 % tax bracket.
a. Find the net proceeds from the sale of the bond, Nd .
b. Calculate the bond's yield to maturity (YTM) to estimate the before-tax and after-tax costs of debt.
c. Use the approximation formula to estimate the before-tax and after-tax costs of debt.
In: Finance
4. Two carts collide and stick together in a lab experiment. Cart 1 has a mass of 550 g and a speed before the collision of 2.5 m/s. Cart 2 has a mass of 320 g and a speed of -4.1 m/s. Consider the 2 carts to be the system.
A. What is the total momentum of the system before the collision?
B. What is the velocity of the 2 carts after the collision?
C. If the collision takes 0.15s, what is the average force and acceleration experienced by each cart? Explain any differences between the answers for the 2 carts.
D. What speed would cart 2 need to have for the carts to be stationary after the collision?
In: Physics
Currently, Warren Industries can sell 20 dash year, $1, 000-par-value bonds paying annual interest at a 11% coupon rate. Because current market rates for similar bonds are just under 11%, Warren can sell its bonds for $1 ,050 each; Warren will incur flotation costs of $30 per bond. The firm is in the 29% tax bracket.
a. Find the net proceeds from the sale of the bond.
b. Calculate the bond's yield to maturity (YTM) to estimate the before-tax and after-tax costs of debt.
c. Use the approximation formula to estimate the before-tax and after-tax costs of debt.
In: Finance
Q1) Create a program that do the following:
1. Asks the user to enter n marks for n students, read the marks and the names and store them in a double linked list.
2. Write a method to find the largest mark and print the name of the student having that mark
3. Write a method to print the content of the list (name, mark)
4. Write a method to search the list for a given mark and prints the result
6. Insert 2 new students to the list (print the list before and after the insertion)
7. Delete any students with the first letter "D" in his name, (print the list before and after the deletion)
Submit .java files only.
In: Computer Science
Suppose the law is changed so that innovation activities by firms are taxed at a much lower rate than other company expenses.
a. What happens to the long-run aggregate supply curve? Explain.
b. What happens to the value of the dollar? Explain.
c. What happens to the quantity of net exports demanded? Explain.
d. What happens to aggregate demand? Explain.
In: Economics