Zoning ordinances a. may limit what type of business can be located on the property. b. will prevent commercial signs. c. typically will allow parking of customers but not employees. d. All of the above statements are true about zoning ordinances.

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?