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all answers please! Consider a firm with an EBIT of $850,000. The firm finances its assets with $2,500,000 debt (costing 7.5 percent) and 400,000 shares

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Consider a firm with an EBIT of $850,000. The firm finances its assets with $2,500,000 debt (costing 7.5 percent) and 400,000 shares of stock selling at $5.00 per share. To reduce the firm's risk associated with this financial leverage, the firm is considering reducing its debt by $1,000,000 by selling an additional 200,000 shares of stock. The firm is in the 40 percent tax bracket. The change in capital structure will have no effect on the operations of the firm. Thus, EBIT will remain at $850,000. Calculate the change in the firm's EPS from this change in capital structure. (Round your answers to 2 decimal places. EPS before EPS alter Difference Ramakrishnan, Inc. reported 2018 net income of $15 million and depreciation of $2,650,000. The top part of Ramakrishnan, Inc.'s 2018 and 2017 balance sheets is listed below (in millions of dollars). 2018 2017 2018 2017 $ 19 $ 18 Current assets: Cash and marketable securities Accounts receivable Inventory Total Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total 51 $ 20 $ 15 84 75 121110 $225 $200 45 $115 $123 Calculate the 2018 net cash flow from operating activities for Ramakrishnan, Inc. (Enter your answer in dollars not in millions.) Net cash flow In 2018, Usher Sports Shop had cash flows from investing activities of $4,364,000 and cash flows from financing activities of -$5,880,000. The balance in the firm's cash account was $1,615,000 at the beginning of 2018 and $1.742,000 at the end of the year Calculate Usher Sports Shop's cash flow from operations for 2018 Cash flow from operations You are considering an investment in Fields and Struthers, Inc. and want to evaluate the firm's free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $62 million, had a tax rate of 30 percent, and its depreciation expense was $5 million. Fields and Struthers' gross fixed assets increased by $32 million from 2017 to 2018. The firm's current assets increased by $20 million and spontaneous current liabilities increased by $12 million. Calculate Fields and Struthers' operating cash flow for 2018. (Enter your answer in millions of dollars rounded to 1 decimal place.) Operating cash flow million Calculate Fields and Struthers' investment in operating capital for 2018. (Enter your answer in millions of dollars.) Investment in operating capital million Calculate Fields and Struthers' free cash flow for 2018. (Enter your answer in millions of dollars rounded to 1 decimal place.) Free cash flow Free cash flow million milion Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $221 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million Mr. Husker's Tuxedos Corp. began the year 2018 with $256 million in retained earnings. The firm earned net income of $33 million in 2018 and paid dividends of $5 million to its preferred stockholders and $10 million to its common stockholders. What is the year-end 2018 balance in retained earnings for Mr. Husker's Tuxedos? (Enter your answer in millions of dollars.) Retained earnings million

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