Yuhu manufactures cell phones and is developing a new model with a feature (aptly named don't drink and dial) that prevents the phone from dialing an owner-defined list of phone numbers between the hours of midnight and 6: 00 a. m. the new phone model has a target price of $330. management requires a 10% profit on new product revenues. required: if required, round to the nearest dollar. 1. calculate the amount of desired profit. $ 2. calculate the target cost. $

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease