Being human, inc., recently issued new securities to finance a new tv show. the project cost $14.1 million, and the company paid $735,000 in flotation costs. in addition, the equity issued had a flotation cost of 7.1 percent of the amount raised, whereas the debt issued had a flotation cost of 3.1 percent of the amount raised. if the company issued new securities in the same proportion as its target capital structure, what is the company’s target debt-equity ratio? (do not round intermediate calculations and round your answer to 4 decimal places, e. g., .1616.)

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

From what part of income should someone take savings?