New Schools is an all-equity company with an expected EBIT of $94,000 every year forever. The company can borrow at 7.4% while its cost of equity is 13.9%. What will be the value of the company if it converts to 50% debt given its total tax rate of 24% A) 477.407.B) 500,916.C) 575,632.D) 480,690.E) 532,408.

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no