On december 31, 2017, dow steel corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconvertible preferred stock issued and outstanding. dow issued a 5% common stock dividend on may 15 and paid cash dividends of $570,000 and $86,000 to common and preferred shareholders, respectively, on december 15, 2018. on february 28, 2018, dow sold 68,000 common shares. in keeping with its long-term share repurchase plan, 4,000 shares were retired on july 1. dow's net income for the year ended december 31, 2018, was $2,950,000. the income tax rate is 40%. required: compute dow's earnings per share for the year ended december 31, 2018.

Which of the following has the largest impact on opportunity cost

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.

An attorney came to work on a saturday. when he signed in, he was advised by the morning security guard employed by the building management that he must be out of the building by 5 p.m., when it closes. however, he stayed past 5 p.m. to complete a brief that had to be filed on monday morning. at 5: 15 p.m., the afternoon security guard set the locks on all the doors of the building and left. because she was in a hurry, she did not check the sign-in sheet to make sure that everyone had signed out, contrary to mandatory procedures. when the attorney tried to exit 15 minutes later, he discovered that the doors were all locked and could not be opened from the inside. he used his cell phone to call for , and a supervisor from the building arrived and let him out shortly thereafter. if the attorney sues the building management for false imprisonment, is he likely to win?