Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Metal Fiber Industries, a fiber optic company is considering to optimize its capital structure. Its targeted capital structure consists of 20% debt, 30% preferred stocks, and 50% common stocks.
Metal Fiber Industries has been paying dividend 30% of its net income regularly. Current stock price is Rs. 54, and a constant growth rate is 9%. Metal fiber Industries expecting next year earning to be Rs. 44, 000,000. Last year dividend paid Rs. 3.60 by the company. Corporate tax rate is 40%.
Metal Fiber Industries considering to raise further debt at the interest rate of 12%. They are also considering to issue new preferred stock at 11% fixed dividend rate, which could be sold in the market at Rs. 110.
Required:
Question a. What is the cost of each of the capital components of Metal Fiber Industries?
Question b. What is Metal Fiber Industries' WACC?
Analysis of the receivables indicates doubtful accounts of $20,000 - in March of the following fiscal year, the $550 owed by Flake Co. on account is written off as uncollectible.
Comment upon the results with the 2 different transfer prices and on the motivational impact on the two divisional managers
Present the worksheet elimination journal entries necessary to prepare consolidated financial statements for 2003. Present the worksheet elimination journal entries necessary to prepare consolidated financial statements for 2004.
prepare a classified balance sheet for simon company at december 31 2006.from the following data prepare a classified
Evaluate the liquidity and profitability of Blue Water Yachts using selected financial ratios. Assess the company's overall profitability, liquidity, and desirability as an investment.
question 1list and describe the four standards in the imas statement of ethical practice. as part of your answer be
Compute the cost of capital for the firm for the? following: Currently bonds with a similar credit rating and maturity as the? firm's outstanding debt are selling to yield 7.64 percent while the borrowing? firm's corporate tax rate is 34 percent.
Give an example of a transaction that is handled differently for GAAP than it is for income taxes. Is it a permanent or a temporary difference and why?
What is an audit, how often can a business be audited by the tax office and what records must a business keep for auditing purposes In Australia?
Prepare Multi-Step income statement, Earnings Per Share. Gross margin percentage. Operating margin percentage. Working Capital dollars. Working Capital Ratio
Champagne of the? South, Inc., a manufacturer of bottled sweet? tea, had the following beginning and ending inventories for the year ended December? 31, 2013: During the? year, direct labor costs of? $30,000 were? incurred, manufacturing overhead tot..
Prepare appropriate journal entries related to the investment for 2018, 2019, and 2020, assuming Blevins accounts for this investment.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd