UNIT 5 TEXTBOOK PROBLEMS
UNIT 6 TEXTBOOK PROBLEMS
CHAPTER 16: PROBLEM 1
|
Dividend
|
$6.30
|
|
Dividend Tax
|
25%
|
|
Stock Price
|
$83
|
|
Step 1: Calculate the After-Tax Dividend
|
#NAME?
|
|
Step 2: Ex-Dividend Price =
|
#NAME?
|
CHAPTER 16: PROBLEM 4 (a thru d)
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# of shares of stock outstanding
|
270,000
|
|
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Stock Price
|
$73
|
|
|
A.
|
#NAME?
|
5
|
|
3
|
||
|
B.
|
#NAME?
|
1
|
|
1.15
|
||
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C.
|
#NAME?
|
1
|
|
1.425
|
||
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D.
|
#NAME?
|
4
|
|
7
|
CHAPTER 16: PROBLEM 7
|
Stock Dividend
|
25%
|
|
# of shares of stock outstanding
|
25,000
|
|
Market Value Balance Sheet:
|
|
|
Cash
|
$145,000
|
|
Fixed Assets
|
$598,000
|
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Total
|
$743,000
|
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Debt
|
$127,000
|
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Equity
|
$616,000
|
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Total
|
$743,000
|
|
Find the market price of stock by using the
equity and # of shares outstanding
|
#NAME?
|
|
New shares outstanding =
|
#NAME?
|
|
New Stock price =
|
#NAME?
|
CHAPTER 16: PROBLEM 16a
|
Dividend
|
$2.05
|
|
Payout Ratio
|
40%
|
|
Earnings Per Share
|
$6.20
|
|
Adjustment Rate
|
0.3
|
|
Dividend 1 year from now =
|
#NAME?
|
UNIT
6: TEXTBOOK PROBLEMS
CHAPTER
18: PROBLEM 2
|
Net
Worth
|
$13,205
|
|
Long-term
Debt
|
$8,200
|
|
Net
Working Capital (Excluding Cash)
|
$3,205
|
|
Fixed
Assets
|
$17,380
|
|
Current
Liabilities
|
$1,630
|
|
Cash
=
|
#NAME?
|
|
Net
Working Capital (Including Cash) =
|
#NAME?
|
|
Current
Assets =
|
#NAME?
|
CHAPTER
19: PROBLEM 1 (a thru d)
|
#
of shares outstanding
|
490,000
|
||
|
Current
Stock Price
|
$75
|
||
|
#
of new shares outstanding in the future (rights offering)
|
80,000
|
||
|
Price
of New Stock (or rights)
|
$71
|
||
|
A.
New Market Value of the Company =
|
#NAME?
|
||
|
B.
# of Rights Needed =
|
#NAME?
|
rights
per new share
|
|
|
C.
Ex-Rights Price =
|
#NAME?
|
||
|
D.
Value of the Right =
|
#NAME?
|
||
CHAPTER
20: PROBLEM 4a
|
Spot
exchange rate for the Canadian Dollar
|
$1.04
|
||
|
6
month forward rate
|
$1.06
|
||
|
U.S.
Dollar
|
$1.00
|
||
|
One
Canadian Dollar is worth
|
#NAME?
|
(If
amount is below 1, then the U.S. Dollar is worth more and vice versa)
|
|
CHAPTER
20: PROBLEM 5a
|
Japanese
Yen Exchange Rate=
|
89
|
=
|
$1
|
|
British
Pound Exchange Rate=
|
1
|
=
|
$1.62
|
|
Cross
Rate in terms of Yen per Pound =
|
#NAME?
|
File name: Unit 5 and Unit 6
answers.xlsx File type: . xlsx PRICE:$18
