please can explanation be included and do no round up so i can understand better

1) (Break-even point and selling price) Simple MetalWorks, Inc. will manufacture and sell 250,000 units next year. Fixed costs will total $ 270,000, and variable costs will be 55 percent of sales.

a. The firm wants to achieve a level of earnings before interest and taxes of $300,000. What selling price per unit is necessary to achieve thisresult? (Round to three decimalplaces.)

b. Set up an analytical income statement to verify your solution to part (a).

2)(Break-even point and operating leverage) Footwear Inc. manufactures a complete line ofmen's andwomen's dress shoes for independent merchants. The average selling price of its finished product is $85 per pair. The variable cost for this same pair of shoes is $65. Footwear Inc. incurs fixed costs of $190,000 per year.

a. What is thebreak-even point in pairs of shoes sold for thecompany?

b. What is the dollar sales volume the firm must achieve to reach thebreak-even point?

c. What would be thefirm's profit or loss at the following units of productionsold: 4,000 pairs ofshoes? 10,000 pairs ofshoes? 16,000 pairs ofshoes?

3) (Operating leverage) The Quarles Distributing Company manufactures an assortment of cold air intake systems forhigh-performance engines. The average selling price for the various units is $700. The associated variable cost is $350 per unit. Fixed costs for the firm average $160,000 annually.

a. What is thebreak-even point in units for thecompany?

b. What is the dollar sales volume the firm must achieve to reach thebreak-even point?

c. What is the degree of operating leverage for a production and sales level of 3,000 units for thefirm? (Calculate to three decimalplaces.)

d. What will be the projected effect on earnings before interest and taxes if thefirm's sales level should increase by 25 percent from the volume noted in part (c)?

4)(Residual dividend policy) FarmCo, Inc. follows a policy of paying out cash dividends equal to the residual amount that remains after funding 30 percent of its planned capital expenditures. The firm tries to maintain a 30 percent debt and 70 percent equity capital structure and does not plan on issuing more stock in the coming year.FarmCo's CFO has estimated that the firm will earn $ 18 million in the current year.

a. If the firm maintains its target financing mix and does not issue any equity nextyear, what is the most it could spend on capital expenditures next year given its earningsestimate?

b. IfFarmCo's capital budget for next year is $ 16 million, how much will the firm pay in dividends and what is the resulting dividend payoutpercentage?

5)(Constant dollar dividend payout policy) Parker Prints is in negotiation with two of its largest customers to increase thefirm's sales dramatically. The increase will require that Parker expand its production facilities at a cost of $ 30 million. Parker expects to pay out $ 6 million in dividends to its shareholders next year. Parker maintains a 20 percent debt ratio in its capital structure.

a. If Parker earns $ 18 million nextyear, how much common stock will the firm need to sell in order to maintain its target capitalstructure?

b. If Parker wants to avoid selling any newstock, how much can the firm spend on new capitalexpenditures?

6)(Stock dividends) In the spring of2016, the CFO of HTPL Distributing Company decided to distribute a stock dividend to its shareholders.Specifically, the CFO proposed that the company pay 0.04 shares of stock to the holders of each share of common stock such that the holder of1,000 shares of stock would receive an additional 40 shares of common stock.

a. If the firm had total net income for the year of $12,000,000 and had 24,000,000 shares of common stock outstanding before the stockdividend, what was thefirm's earnings pershare?

b. After paying the stockdividend, what was thefirm's earnings pershare?

c. If you owned1,000 shares of stock before the stockdividend, how many dollars of earnings did the firm earn from your1,000-share investment? After the stock dividend waspaid, how many dollars of earnings did the firm earn on your larger shareholdings? What effect would you expect from the payment of the stock dividend on your total investment in thefirm?

7)(Repurchase of stock) The Dunn Corporation is planning to pay dividends of $460,000. There are 230,000 sharesoutstanding, and earnings per share are $5. The stock should sell for $52 after theex-dividend date.If, instead of paying adividend, the firm decides to repurchasestock,

a. What should be the repurchaseprice?

b. How many shares should berepurchased?

c. What if the repurchase price is set below or above your suggested price in part (a)?

d. If you own 100shares, would you prefer that the company pay the dividend or repurchasestock?