Fletcher Corporation is debating whether to convert its all-equity capital structure to one that is 2% debt. Currently, there are 1,933 shares outstanding selling at $69 per share. EBIT is expected to remain at $14,204 per year forever. The interest rate on new debt is 6%, and there are no taxes. You currently hold 100 shares of Fletcher. What is your annual cash flow under the current (i. e., all-equity) capital structure? Assume that Fletcher has a 100% dividend payout ratio.

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.

Which of the following is true of website content? it should be refreshed periodically to keep customers coming back. once the content has been written and proofread it shouldn't be changed. grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar. it should be limited to text and shouldn't include multimedia.