Northeast Lobster currently has 18,500 shares of stock outstanding. It is considering issuing $100,000 of debt at an interest rate of 6.3 percent. The break-even level of EBIT between these two capital structure options is $77,000. For this to be true, what is the current stock price

current Stock price of a single share of Northeast Lobster is $3.82 and the current total value of shares is $70,670

Explanation:

Earnings before interest and Tax                  $77,000

(Less)

Interest on debt ( $100,000×6.3÷100)

                       $6300

                                                                      ---------------------

           Earning After tax is                                $70,700

current Stock price of share is   $70,700÷18500 =  $3.82

Total current value of shares is = 18500 × $3.82 = $70,670

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.