Bruno's is considering changing from its current all-equity capital structure to 30 percent debt. there are currently 7,500 shares outstanding at a price per share of $39. ebit is expected to remain constant at $23,000. the interest rate on new debt is 7.5 percent and there are no taxes. tracie owns $12,675 worth of stock in the company. the firm has a 100 percent payout. what would tracie's cash flow be under the new capital structure assuming that she keeps all of her shares?
a. $998
b. $1,109
c. $1,115
d. $1,037
e. $1,016

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.