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Question 13 1 pts The optimal capital structure is determined by several factors including all of the following except O agency costs. corporate capital gains.

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Question 13 1 pts The optimal capital structure is determined by several factors including all of the following except O agency costs. corporate capital gains. business risk. O potential bankruptcy costs. O debt tax shields. Question 14 1 pts The increased variability in earnings per share due to the firm's use of debt financing is measured by: degree of operating leverage. standard deviation. degree of combined leverage. beta, O degree of financial leverage. Question 15 1 pts Which of the following dividend policies will cause dividends per share to fluctuate the most? stable dollar dividend policy. constant dividend payout ratio policy. small, regular dividend plus year-end extra policy. constant growth policy. O None of the above should cause dividends to fluctuate. Question 16 1 pts Tom's Trashbins Inc. has fixed costs of $226,248. The firm's sales are expected to be $426,010 this year if the firm sells 9.404 units. Variable costs amount to 42 percent of sales. What is the breakeven point in units for Tom's Trashbins? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 8297.6901, ROUND TO 8298 Question 17 1 pts XYZ has 406,771 shares of common stock outstanding, a P/E ratio of 8. and $507,978 in net income. The board of directors has just voted in favor of a 4-for-1 stock split. You owned 285 shares before the stock split. What will be the total value of your investment after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 1700.5567. ENTER IT AS 1701. Question 18 1 pts XYZ has 486,834 shares of common stock outstanding, a P/E ratio of 8, and $547,363 in net income. The board of directors has just voted in favor of a 3-for-2 stock split. You owned 255 shares before the stock split. How many shares will you own after the split? SET YOUR CALCULATOR TO 4 DECIMAL PLACES. ROUND TO THE NEAREST WHOLE NUMBER AT THE END. FOR EXAMPLE, IF YOUR ANSWER IS 433.5000, ENTER IT AS 434

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