Billy's is currently an all equity firm that has 105000 shares of stock outstanding at a market price of $37.13 a share. the firm has decided to leverage its operations by issuing $13 of debt at an interest rate of 4.2 percent. this new debt will be used to repurchase shares of the outstanding stock. the restructuring is expected to increase the earnings per share. what is the minimum level of earnings before interest and taxes that must be achieved in order for this to occur (that is, what is the breakeven ebit? ) ignore taxes.

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Each row in a database is a set of unique information called a(n) table. record. object. field.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions