What proportion of a firm is equity financed if the WACC is 14%, the after-tax cost of debt is 7.0%, the tax rate is 35%, and the required return on equity is 18%?

The maximum commission a broker may charge for the sale of residential property is:

A: Set forth in the Real Estate Law; B: Determined by the broker's contract with his principal; C: Six percent of the total sales price of a residence; D: Determined by local custom.

Use Scenario 11.2 to answer this question. How many additional units of E are needed to produce ten end items?

A) 620 B) 103 C) 236 D) 350