Calculate how much dividend stores paid to shareholders

Assignment Help Financial Management
Reference no: EM132068890

PK stores reported net income of $50 million. The company has no outstanding debt, and the company did not repurchase common shares. Using the following information from the company balance sheets (in millions), calculate how much dividend PK Stores paid to shareholders, and the change of contributed capital of PK Stores in 2017.

Reference no: EM132068890

Questions Cloud

Leveraged buyouts and employee buyouts finance acquisition : How do leveraged buyouts and employee buyouts finance an acquisition?
Describe the four major categories of buyers : What are four reasons mergers and acquisitions occur? Describe the four major categories of buyers.
Suggestions for a research and development analysis : Identify why this (these) result(s) occurred. What problem or occurrence caused this result? Why is this decision critical (i.e. what is the basis for it)?
Calculate the sustainable growth rate : The company paid $20,500 in dividends. What is the retention ratio? Calculate the sustainable growth rate.
Calculate how much dividend stores paid to shareholders : Calculate how much dividend PK Stores paid to shareholders, and the change of contributed capital of PK Stores in 2017.
Likelihood of becoming the dominant design : What are some of the ways a firm can try to increase the overall value of its technology and its likelihood of becoming the dominant design?
Company has violated and the potential penalties : Explain what (if any) laws or norms George Sr. and/or the Bluth Company has violated and the potential penalties.
Buyer of futures contract and buyer of option contract : One distinguishing difference between the buyer of a futures contract and the buyer of an option contract is that the futures buyer:
Price and cash flow ratio : A company has EPS of $8.00, cash flow per share of $2.00, and a price/cash flow ratio of 16.0x. What is the P/E ratio?

Reviews

Write a Review

Financial Management Questions & Answers

  Higher interest rate than bond not backed by collateral

If the risk of repayment on a bond suddenly increases what will happen to the price of the bond today? How would a decrease of inflation expectations affect the price of a bond today? If a bond is backed by collateral (a "secured" bond) would you exp..

  How much would one dollar equal in foreign currency

Suppose one dollar equals 8,700 units of a foreign currency. If the foreign currency appreciated by 5 percent, how much would one dollar equal in the foreign currency?

  What is its after tax cost of debt

Lcorp has a $11.9 million debt issue outstanding, with a 5.9% coupon rate. The debt has semi annual coupons, the next coupon is due in six months, and the debt matures in five years. It is currently priced at 94% of par value. If Lcorp faces a 40% ta..

  The cost of common equity and after-tax cost of debt

What is Crypton's cost of capital where the firm's tax rate is 30 percent? The after-tax cost of debt is. The cost of common equity is.

  Two destinations-save for the differential risk of death

You are trying to decide where to go on vacation. In country A, your risk of death is 1 in 20,000, and you’d pay $5,000 to go on that vacation. In country B, your risk of death is 1 in 30,000, and you’d pay $5,600 to go on that vacation. Supposing th..

  What will the new weighted average cost of capital be

Land Rover Corp. is currently an all equity firm worth $100M. Land Rover's cost of equity is currently 14% and its tax rate is 30%.

  Compute npv-irr and dpb for both projects

Calculate the cross over rate. Compute NPV, IRR, and DPB for both projects.

  How much can its short-term debt

How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0? Round your answer to the nearest cent.

  Which expansion plan is financial decision for bluestone

Bluestone’s cost of capital is 10%. Which expansion plan is the best financial decision for Bluestone since they can choose only one, and why?

  What is the bond yield to call

One year later, interest rates have fallen from 9% to 4% causing the value of the bond to rise to $1,528.16. What is the bond's yield to call?

  Company uses straight-line depreciation method

Consider the following project which costs $1,000,000 with a salvage value of $50,000 in 5 years. The project will produce a new type of running shoes which will be sold for $235 and have variable costs of $95 per pair. The company has fixed costs of..

  The rate of return they expect to earn from this purchase

Determine the rate of return they expect to earn from this purchase.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd