Southwest sands currently has 22,000 shares of stock outstanding. it is considering issuing $128,000 of debt at an interest rate of 7.5 percent. the break-even level of ebit between these two capital structure options is $74,000. how many shares of stock will be repurchased if the company undergoes the recapitalization? ignore taxes.

a. 2,446.33 shares
b. 2,242.47 shares
c. 3.091.89 shares
d. 2,854.05 shares
e. 2,711.35 shares

Clara client has just been presented with a standard representation agreement by the law firm of yatz & berger. clara's first language is german. although she speaks and reads everyday english quite well, the legal terms in the contract confuse her. yatz & berger should question 90 options: have someone in the firm, if possible, or a translator from outside of the firm, explain the terms of the contract thoroughly until clara has a full and complete understanding of its terms. advise clara to take the contract home and study it before signing it. have a paralegal explain the most important clauses in the contract to clara in smaller, plain english words. advise clara to sign the contract and take her copy home for study.