Donat corp. is a small company looking at two possible capital structures. currently, the firm is an allminusequity firm with $600,000 in assets and 100,000 shares outstanding. the market value of each share is $6.00. the ceo of donat is thinking of leveraging the firm by selling $300,000 of debt financing and retiring 50,000 shares, leaving 50,000 shares outstanding. the cost of debt is 5% annually, and the current corporate tax rate for donat is 30%. the ceo believes that donat will earn $50,000 per year before interest and taxes. which of the statements below is true? a. 50/50 debtminustominusequity eps is $0.49. b. allminusequity eps is $0.35. c. shareholders will be better off by $0.14 per share under a firm with $300,000 in debt financing versus a firm that is allminusequity. d. statements a, b, and c are all true.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?