Sunny day manufacturing company has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of next year. the company's earnings' and dividends' growth rate are expected to grow at the constant rate of 8.70% into the foreseeable future. if sunny day expects to incur flotation costs of 5.00% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be alpha moose transporters co.'s addition to earnings for this year is expected to be $745,000. its target capital structure consists of 50% debt, 5% preferred, and 45% equity. determine alpha moose transporters's retained earnings breakpoint

a. $1,903,889
b. $1,655,556
c. $1,738,334
d. $1,986,667

Alpha Moose Transporters's retained earnings breakpoint is B. $1,655,556

Explanation:

Addition to retained earnings = $745,000

Weight of equity = 45%

Retained earnings breakeven = $745,000 / 45%

= $1,655,556.

Retained earnings breakeven is $1,655,556.

Based on the data provided as 50% is the debt,but 5% is preferred and 45% is the equity,and the foreseeable future rate is 8.7% so the  retained earnings will be $1,738,334,option C is correct.

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.