highland industries has a target capital structure of 60% common equity, 10% preferred stock, and 30% debt. the cost of retained earnings is 15%, and the cost of a new stock issue is 17%. the firm anticipates having $24 million in retained earnings available over the coming year. preferred stock can be sold at a cost of 11%. the firm has a $15 million line of credit with a major bank, which has an after-tax cost of 6%. beyond this amount, debt would have to be raised through a bond issue, and would have an after-tax cost of 9%. highland industries has a marginal tax rate of 35%. what will be the firm's cost of capital using bonds, preferred stock, and external equity

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)