Hotel cortez is an all-equity firm that has 9400 shares of stock outstanding at a market price of $30 per share. the firm's management has decided to issue $56,000 worth of debt and use the funds to repurchase shares of the outstanding stock. the interest rate on the debt will be 7 percent. what is the break-even ebit

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows: