please help me answer and solution for Financial Management

y Mode]- Word stephanie he Subtitle Subtle Em... Emphasis Intense E... Strong Quote Intense Q Subtle Ref... IntenseRe.Book Styles 9) Clark Farms Inc. has the following data and it follows the residual dividend model. Currently, it finances with 15% debt. Some Clark family members would like for the dividends to be increased If Clark increased its debt ratio, which the firm's treasurer thinks is feasible, by how much could the dividend be increased, holding other things constant? Capital budget Net income (NI) % Debt now %Debt after change $4,500,000 1 5% 68% a $2,957,400 b. $2,718,900 c $1,860,300 d $2,385,000 c. $1955,700 10) Ross-Jordan Financial has suffered losses in recent years, and its stock currently sells for only $0.60 per share. Management wants to use a reverse split to get the price up to a more reasonable" level, which it thinks is $12 per share How many of the old shares must be given up for one new share to achieve the $12 price, assuming this transaction has no effect on total market value? a 18.00 b. 20.80 c. 16.20 d 20.00 e. 15.60