VanMannen Foundations, Inc ​
-Refer to the Data for VanMannen Foundations, Inc

question 82

Multiple Choice

VanMannen Foundations, Inc.(VF)
VanMannen Foundations, Inc.(VF) is a zero-growth company that currently has zero debt, and it has the data shown below.
$\begin{array}{lr}\text { EBIT }= & \$ 80,000 \\\text { Growth }= & 0 \% \\\text { Orig cost of equity, } \mathrm{r}_{\mathrm{s}}= & 10.0 \% \\\text { No. of shares }= & 10,000 \\\text { Price per share } & \$ 60.00 \\\text { Tax rate }= & 25 \%\end{array}$ ​
-Refer to the data for VanMannen Foundations, Inc.(VF) .What would the stock price be if VF issued the new debt and immediately used the proceeds to repurchase stock?

• A) $65.04
• B) $66.71
• C) $68.42
• D) $70.18
• E) $73.68

---

Definitions:

Critical Incidents

In the context of HR and organizational behavior, these are significant actions or events that contribute decisively to an organization's success or failure.

Task-Analysis Inventory

A detailed analysis or listing of all the tasks performed in a particular job, used for training or job design purposes.

Narrative Job Analysis

A qualitative method of job analysis where a job is described through storytelling to capture detailed information about job duties and requirements.

Functional Job Analysis

A method for analyzing jobs by identifying the tasks performed, the skills required, and the relationship of the job to other jobs.