Business, 12.12.2019 03:31 gehdmoe2

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? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)b. what is the price per share of equity under plan ii? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:50, audreymarie2940

2. a box contains 50 slips of paper. forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and the last one is marked $500. find the expected net winnings of a person who pays $10 to randomly select one slip of paper. interpret.

Answers: 1

continue

Business, 22.06.2019 13:50, veronica25681

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Answers: 2

continue

Business, 22.06.2019 19:20, kingo7

After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model

Answers: 1

continue

Business, 22.06.2019 22:50, esid906

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

Answers: 2

continue

You know the right answer?

Honeycutt co. is comparing two different capital structures. plan i would result in 12,700 shares of...