Galt industries has 50 million shares outstanding and a market capitalization of $1.25 billion. it also has $750 million in debt outstanding. galt industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt. assume perfect capital markets. suppose you are a shareholder in galt industries holding 600 shares, and you disagree with this decision to delever the firm. you can undo the effect of this decision by: a) borrow $6,000 and buy 240 shares of stockb) sell 240 shares of stock and lend $6,000c) borrow $9,000 and buy 360 shares of stockd) sell 360 shares of stock and lend $9,000

4. project memo your supervisor has asked you to create a final copy of a memo announcing a special project. open the microsoft® word file ch01 memo from the data files. edit the memo to correct errors in keyboarding, punctuation, spelling, and word usage. submit the edited document to your instructor along with this assignment. to: department supervisorsfrom: tomas perezdate: january 3, 20--subject: playground projectas you now, are offices are close each year on observance of martin luther king, jr. day. this year, the company is organizing a service project for that day. we will be clean up the grove street playground and panting bushes, blubs, and flowers. the company is donating now playground equiptment and park benches. cleanup gear and tools will be provided, and a cook out will conclude the days’ activities. farther information will be provided as the date draws nearer. encourage the employee in you department too participate in this worthwhile effort.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.