Southern Wind is an all-equity firm with 24,100 shares of stock outstanding and a total market value of $370,000. Based on its current capital structure, the firm is expected to have earnings before interest and taxes of $35,000 if the economy is normal, $21,200 if the economy is in a recession, and $48,800 if the economy booms. Ignore taxes. Management is considering issuing $93,400 of debt with an interest rate of 8 percent. If the firm issues the debt, the proceeds will be used to repurchase stock. What will the earnings per share be if the debt is issued and the economy booms

there is no following so id just amuse false

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

agriculture and oil. natural resources, industry.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.