answer please

21. Assume that you and type of sandal. sales price, fixed and difference between the break-even points for Machines A and B? your brother plan to open a business that will make and sell a newly designed Two robotic machines are available to make the sandals, Machine A and Machine B. The variable costs associated with the two machines are shown below. What is the Price per pair (P) Fixed costs (F) Variable cost/unit (V) Machine A $20.00 $25,000 $7.00 Machine B $20.00 S100,000 $4.00 A. 3.154 B. 3,505 C. 3,894 D. 4,327 D.160 E. 4,760 22. You work for the CEO of a new company that plans to manufacture and sell a new product, a watch that has an embedded TV set and a magnifying glass crystal. The issue now is how to finance the company, with only equity or with a mix of debt and equity. Expected operating income is $400,000. Other data for the firm are shown below. How much higher or lower will the firm's expected ROE be if it uses some debt rather than all equity, i.e., what is ROEL-ROEU? Operating Income (EBIT) Required investment % Debt (weight of) s of Debt s of Common equity Interest rate Tax rate 0% Debt, U $400, 000 $2,500,000 0.0% $0.00 $2, 500, 000 NA 35% 608 Debt, L $400,000 $2,500,000 60.0% $1,500,000 $1,000,000 7.50% 35% A. 5.85% B. 6.14% C. 6.95% D. 7.77% E. 8.29% 23. With the same information from question 25, if the stock price is $125 per share, what would be the earnings per share under the leveraged capital structure? A. $13.00 B. $16.25 C. $19.50 D. $21.67 E. $23.36