King Sailor Inc. just issued $1,538,421 of perpetual 6.75% debt and used the proceeds to repurchase stock. The company expects to generate $871,540 of earnings before interest and taxes in perpetuity. The company distributes all its earnings at the end of each year. The firm's unlevered cost of capital is 11.83% and the corporate tax rate is 21%. What is the value of the firm's equity after the debt has been issued and the stocks repurchased?

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory