Corporate finance
Questions 1. Protos, Inc., has no debt outstanding and a total market value of $300,000. Earnings before interestand taxes, EBIT, are projected to be $25,000 if economic conditions are normal. If there is strongexpansion in the economy, then EBIT will be 25 percent higher. If there is a recession, then EBIT willbe 50 percent lower. … Read more