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28 Sep 2019
A firm has net income of $2.0 million and it has 1.0 million shares of common stock outstanding. The shares currently trade for $32 a share. The firm is planning to repurchase 15% of the shares. Assuming that the repurchase will have no effect on either net income or the firm?s P/E ratio, what will be its share price following the repurchase? Select one: A. $40.00 B. $37.65 C. $35.85 D. $32.65
A firm has 10 million common shares outstanding, currently trading at $150 per share for a total market value of $1.5 billion. If they split their stock 3 for 1, what should the share price be and how many share will be outstanding? Select one: A. $15 and 1 million shares B. $50 and 333,000 shares C. $50 and 30 million shares D. $450 and 30 million shares E. $450 and million shares
A company has a target capital structure that is 60% debt and 40% equity. The capital budget for next year will be $3.0 million. If they report net income for next year of $2.0 million and follow a residual dividend policy, what will its dividend payout percentage be?
A firm has net income of $2.0 million and it has 1.0 million shares of common stock outstanding. The shares currently trade for $32 a share. The firm is planning to repurchase 15% of the shares. Assuming that the repurchase will have no effect on either net income or the firm?s P/E ratio, what will be its share price following the repurchase?
Select one:
A. $40.00
B. $37.65
C. $35.85
D. $32.65
A company has a target capital structure that is 60% debt and 40% equity. The capital budget for next year will be $3.0 million. If they report net income for next year of $2.0 million and follow a residual dividend policy, what will its dividend payout percentage be?
A firm has 10 million common shares outstanding, currently trading at $150 per share for a total market value of $1.5 billion. If they split their stock 3 for 1, what should the share price be and how many share will be outstanding?
Select one:
A. $15 and 1 million shares
B. $50 and 333,000 shares
C. $50 and 30 million shares
D. $450 and 30 million shares
E. $450 and million shares
A company has a target capital structure that is 60% debt and 40% equity. The capital budget for next year will be $3.0 million. If they report net income for next year of $2.0 million and follow a residual dividend policy, what will its dividend payout percentage be?
Jamar FerryLv2
28 Sep 2019
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