You have looked at the current financial statements for reigle homes, co. the company has an ebit of $2,930,000 this year. depreciation, the increase in net working capital, and capital spending are expected to be $229,000, $94,000, and $435,000, respectively. you expect that over the next five years, ebit will grow at 20 percent per year, depreciation and capital spending will grow at 25 percent per year, and nwc will grow at 15 percent per year. the company currently has $15.9 million in debt and 465,000 shares outstanding. after year 5, the adjusted cash flow from assets is expected to grow at 3 percent indefinitely. the company’s wacc is 8.3 percent and the tax rate is 25 percent. what is the price per share of the company's stock? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) share price $

Vulcan company is a monthly depositor whose tax liability for march 2019 is $2,510. 1. what is the due date for the deposit of these taxes? march 17 2. assume that no deposit was made until april 29. compute the following penalties. assume a 365-day year in your computations. round your answers to the nearest cent. a. penalty for failure to make timely deposits. $ b. penalty for failure to fully pay employment taxes $ c. interest on late payment (assume a 5% interest rate). $ d. total penalty imposed $

An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.

Afinancial institution, the thriftem bank, is in the process of formulating its loan policy for the next quarter. a total of $12 million is allocated for that purpose. being a full-service facility, the bank is obligated to grant loans to different clientele. the following table provides the types of loans, the interest rate charged by the bank, and the possibility of bad debt as estimated from past experience.type of loaninterest rateprobability of bad debtpersonal.140.10car.130.07home.120.03farm.125.05commercial.100.02 bad debts are assumed unrecoverable and hence produce no interest revenue either. competition with other financial institutions in the area requires that the bank allocate at least 40% of the total funds to farm and commercial loans. to assist the housing industry in the region, home loans must equal at least 50% of the personal, car, and home loans. the bank also has a stated policy specifying that the overall ratio for bad debts on all loans may not exceed .04. formulate this problem as a linear program. define your variables clearly and write all the constraints explaining the significance of each.