Lucas corp. has a debt-equity ratio of .8. the company is considering a new plant that will cost $109 million to build. when the company issues new equity, it incurs a flotation cost of 7.9 percent.
the flotation cost on new debt is 3.4 percent. a. what is the initial cost of the plant if the company raises all equity externally? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar amount, e. g., 1,234,567.)b. what is the initial cost of the plant if the company typically uses 55 percent retained earnings? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar amount, e. g., 1,234,567.)
c. what is the initial cost of the plant if the company typically uses 100 percent retained earnings?

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Gary lives in an area that receives high rainfall and thunderstorms throughout the year. which device would be useful to him to maintain his computer?

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right