User Account

All Pages

What are the annual dividends per share

Assignment Help Finance Basics
Reference no: EM132538925

a. Sunnyside Tavern earns $6.89 per share and has a stable dividend payout ratio of 40%. If Sunnyside Tavern has a capital budget of $300,000 and 75,000 shares outstanding, what are the annual dividends per share?

Round to the second decimal place.

b. Igloo Ice Cream earns $5.89 per share, has 61,629 shares outstanding, and a capital budget of $137,302. If Igloo Ice Cream raises all its funds internally and follows the passive residual policy, what are the annual dividends per share?
Round to the second decimal place.

c. Solo Ships has 101,165 shares outstanding and plans to pay $4.03 per share in dividends next year. Solo has a capital budget of $529,871 for next year and plans to maintain its present debt ratio of 0.30. If earnings are expected to be $6.35 per share, how much external equity must Solo raise?

Reference no: EM132538925

Questions Cloud

Issuance government decreased the yield : United Bank issued a 3 years 7% fixed rate loan to a borrower. After 1 year of the issuance government decreased the yield on T-bond by 50 basis point
Which characteristic not for stock split nor stock dividend : Which is a characteristic of neither a stock split nor a stock dividend?There is no change in the authorized share capital of the company
Determining the maximum profit : The put strike price is $60. The maximum profit (including the premium as the cost) is $55. Is the above statement true or false? Give explanations.
How does the item impacted net income : How does that item impacted net income (or net loss) and why there is an adjustment necessary to determine cash from operations.
What are the annual dividends per share : Sunnyside Tavern earns $6.89 per share and has a stable dividend payout ratio of 40%. If Sunnyside Tavern has a capital budget of $300,000
Dollar gross and net gain or loss : Calculate your dollar gross and net gain or loss on this position, taking into account both the margin interest and the transaction cost to sell.
Identify the effect the declaration of a stock dividend : Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity. Total Share Capital
Why are adjustments needed to the accounting records : Why are adjustments needed to the accounting records? To control for an inflow of revenues at the end of an accounting period
Discuss temperance as one of the cardinal christian virtues : Discuss temperance as one of the cardinal christian virtues and how temperance reflects the main principles of christian ethics

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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