Question: please post answer clearly. the table needs to be complete. B. Consider the following capital restructure plan: use $209 million of cash from its balance

please post answer clearly. the table needs to be complete.
please post answer clearly. the table needs to be complete. B. Consider
the following capital restructure plan: use $209 million of cash from its

B. Consider the following capital restructure plan: use $209 million of cash from its balance sheet and $50 million in new debt-bearing interest at the rate of 6.75% to repurchase 14 million shares at a price of $18.50 per share. Construct the pro-forma balance sheet. (complete Exhibit 1 in "to_be_completed.xls"). Does the resultant capital structure look reasonable to you? Why? TN Exhbit 1 Effects of the Proposed Repurchase on Blaine's 2006 Balance Sheet (s in Thousands) Shares Repurchased 14,000 Purchase Price $18.50 Before Repo Post-Repo 2006 2006 &B M899 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Cash & Marketable Securities NWC (Net Working Capital) NFA (Net Fixed Assets) Other, not Total (Cash NWC NFA Othernet Total 0 0 0 Debt Equity Total Debt Equity Total DYE- D/Capital 0 0 B. Consider the following capital restructure plan: use $209 million of cash from its balance sheet and $50 million in new debt-bearing interest at the rate of 6.75% to repurchase 14 million shares at a price of $18.50 per share. Construct the pro-forma balance sheet. (complete Exhibit 1 in "to_be_completed.xls"). Does the resultant capital structure look reasonable to you? Why? TN Exhbit 1 Effects of the Proposed Repurchase on Blaine's 2006 Balance Sheet (s in Thousands) Shares Repurchased 14,000 Purchase Price $18.50 Before Repo Post-Repo 2006 2006 &B M899 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Cash & Marketable Securities NWC (Net Working Capital) NFA (Net Fixed Assets) Other, not Total (Cash NWC NFA Othernet Total 0 0 0 Debt Equity Total Debt Equity Total DYE- D/Capital 0 0

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