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Northwestern Lumber Products currently has 19,000 shares of stock outstanding. Patricia, the financial manager, is consi
Posted: Sun Jun 05, 2022 10:32 am
by answerhappygod
- Northwestern Lumber Products Currently Has 19 000 Shares Of Stock Outstanding Patricia The Financial Manager Is Consi 1 (59.82 KiB) Viewed 46 times
Northwestern Lumber Products currently has 19,000 shares of stock outstanding. Patricia, the financial manager, is considering issuing $144,000 of debt at an interest rate of 6.9 percent. Given this, how many shares of stock will be outstanding once the debt is issued if the break-even level of EBIT between these two capital structure options is $68,000? Ignore taxes. Multiple Choice 15,412.58 shares 16,223.76 shares 17,575.75 shares
17,575.75 shares. 13,906.08 shares 15,142.18 shares