How much of the total dividend paid by the company

Assignment Help Financial Management
Reference no: EM131911762

Barry Modin bought 670 of Gingridge LLC at a price of $41.15 about 5 years ago that sell for $66.75 per share today. Barry pays capital gains tax at the rate of 15%, and pays tax on dividends at the rate of 25%.  

Suppose the Gingridge pays a dividend per share of $2.75. How much of the total dividend paid by the company to Barry will he get to keep?

Place your answer in dollars and cents without a comma or dollar sign.

Reference no: EM131911762

Questions Cloud

What is arbitrage profit per dollar used : What is the cross-rate in terms of yen per pound? What is the arbitrage profit per dollar used?
Indifferent between accepting the project and not accepting : At what level of pretax cost savings would you be indifferent between accepting the project and not accepting it?
Explain the purpose of standstill agreement : Explain the purpose of a standstill agreement and the basics of how it works. Find a recent example in the USA and use it in your discussion.
What is the company total market value of debt : What is the company’s total market value of debt? What is your best estimate of the aftertax cost of debt?
How much of the total dividend paid by the company : Suppose the Gingridge pays a dividend per share of $2.75. How much of the total dividend paid by the company to Barry will he get to keep?
What is the error on each day : Prepare three-period moving-average forecasts for the data. What is the error on each day? Prepare three-period weighted-moving-average forecasts.
Quantity of cartons per year need to supply to break even : Assuming that the price per carton is $17.20, find the quantity of cartons per year you need to supply to break even.
Bank standard terms for commercial mortgages : Assume that a seller is asking $30,000,000 for an office building. The following are the bank’s standard terms for commercial mortgages:
Which value of a gives the best forecast : Calculate the forecast using a = .2 and a = .3. Which value of a gives the best forecast, assuming actual demand is 95,000 gallons?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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