Given the following information, calculate the point in total funding where the firm will exhaust available retained earnings. bond yield: 7% tax rate: .38 available retained earnings: $4,500,000 cost of new common stock: 13.9% cost of retained earnings: 11.4% capital structure: 45% debt 7% preferred equity 48% common equity

Over the past year, three of the star salesmen at family resorts international's corporate office have been lured away to competitors. on top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. what do you think karina should do?