Suppose your company needs $16 million to build a new assembly line. your target debt-equity ratio is .6. the flotation cost for new equity is 12 percent, but the flotation cost for debt is only 9 percent. your boss has decided to fund the project by borrowing money because the flotation costs are lower and the needed funds are relatively small. a. what is your company’s weighted average flotation cost, assuming all equity is raised externally? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) b. what is the true cost of building the new assembly line after taking flotation costs into account? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole dollar amount, e. g., 1,234,5667

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce 32 million pairs per month, and the country that produces corn will produce 32 million bushels per month.

Arecession is defined as a period in which

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)