Monroe inc. is an all-equity firm with 500,000 shares outstanding. it has $2,000,000 of ebit, and ebit is expected to remain constant in the future. the company pays out all of its earnings, so earnings per share (eps) equal dividends per share (dps), and its tax rate is 40%. the company is considering issuing $4,500,000 of 9.00% bonds and using the proceeds to repurchase stock. the risk-free rate is 4.5%, the market risk premium is 5.0%, and the firm's beta is currently 0.90. however, the cfo believes the beta would rise to 1.10 if the recapitalization occurs. assuming the shares could be repurchased at the price that existed prior to the recapitalization, what would the price per share be following the recapitalization? (hint: p0 = eps/rs because eps = dps.)

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: