UNIT
5 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)
|
#
of shares of stock outstanding
|
270,000
|
|
|
Stock
Price
|
$73
|
|
|
A.
|
#NAME?
|
5
|
|
3
|
||
|
B.
|
#NAME?
|
1
|
|
1.15
|
||
|
C.
|
#NAME?
|
1
|
|
1.425
|
||
|
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
|
|
Total
|
$743,000
|
|
Debt
|
$127,000
|
|
Equity
|
$616,000
|
|
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?
|
File name: UNIT 5 TEXTBOOK
PROBLEMS.xlsx File type: . xlsx PRICE:$10
