An employee has gross earnings of $1,200 and withholdings of $91.80 for social security and medicare taxes and $120 for income taxes. the employer pays $91.80 for social security and medicare taxes, $9.60 for futa, and $64.80 for suta. the total cost of this employee to the employer is

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?