subject
Business, 13.04.2021 02:30 wshemekia3oyliv4

Pardon Me, Inc., recently issued new securities to finance a new TV show. The project cost $13.2 million, and the company paid $645,000 in flotation costs. In addition, the equity issued had a flotation cost of 6.2 percent of the amount raised, whereas the debt issued had a flotation cost of 2.2 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 final answer to 4 decimal places, e. g., 32.1616.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
Astock is selling today for $50 per share. at the end of the year, it pays a dividend of $3 per share and sells for $58. a. what is the total rate of return on the stock? (enter your answer as a whole percent.) b. what are the dividend yield and percentage capital gain? (enter your answers as a whole percent.) c. now suppose the year-end stock price after the dividend is paid is $42. what are the dividend yield and percentage capital gain in this case? (negative amounts should be indicated by a minus sign. enter your answers as a whole percent.)
Answers: 1
question
Business, 22.06.2019 03:30
Acrosswalk_when there are no pavement markings.
Answers: 1
question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
You know the right answer?
Pardon Me, Inc., recently issued new securities to finance a new TV show. The project cost $13.2 mil...
Questions
question
History, 03.06.2021 02:10
question
Mathematics, 03.06.2021 02:10
question
Mathematics, 03.06.2021 02:10
Questions on the website: 13722359