Advantages of residual theory, Finance Basics

Assignment Help:

Advantages of Residual Theory

1. Saving on floatation costs

No require to raise debt or equity capital as there is high retention of earnings that necessitates no floatation costs.

2. Avoidance of dilution of ownership

New equity question would dilute ownership and control.  This will be avoided whether retention is high. A high retention policy might be enable financing of firms along with rapid and high rate of growth.

3. Tax position of shareholders

High-income shareholders prefer low dividends to decrease their tax burden on dividends income. They prefer high retention of earnings such are reinvested, rises share value and they can gain capital gains such are not taxable in US.


Related Discussions:- Advantages of residual theory

Pre-tax cost of debt capital, Current cost of a bond: You know that the aft...

Current cost of a bond: You know that the after-tax cost of debt capital for Bubbles Champagne is 7 percent. If the firm has only one issue of five-year maturity bonds outstanding,

Comparison between debt finance and ordinary share capital, Comparison betw...

Comparison between Debt Finance and Ordinary Share Capital Differences between Debt Finance and Ordinary Share Capital as Equity Finance as   Ordina

Example of market model, Example of Market Model Illustration: For ...

Example of Market Model Illustration: For the past five (5) years, the MPS and DPS for XYZ Ltd were follows as:   1998 Shs. 1999 Shs.

Methods of analyzing investment, Methods of Analyzing Investment Capit...

Methods of Analyzing Investment Capital Budgeting Methods There are two process of analyzing the viability of such investment as: a) Traditional process Pay

estimate the price of the bond, Stardusts has 1 debt issue outstanding.  T...

Stardusts has 1 debt issue outstanding.  The debt matures on August 15, 2017, and has a 6.25% coupon.  Coupons are paid semiannually.  The bond is priced to yield 1.61% compound se

Component ratings under the camel rating system, Question: (a) Describe...

Question: (a) Describe the process for assigning composite and component ratings under the CAMEL rating system. (b) The IMF has developed some indicators to identify early

Prepare financial analysis of a company, Using the data provided in Appendi...

Using the data provided in Appendix 1 prepare an analysis for the attention of the directors of Meridian Ltd. The analysis should highlight the strategic differences between the co

Find the policy value after the policy is issued, Question 1: Consider ...

Question 1: Consider a 5-year $10,000 endowment assurance issued to a select life aged 30 under the following bonus schemes:- (a) Simple reversionary bonuses of 5% p.a., 6%i

Net present value method - example, Net Present Value Method - Example ...

Net Present Value Method - Example Jeremy limited wishes to expand its output by purchasing a new machine worth 170,000 and installation costs are estimated at 40,000/=.  In t

Goods and service tax-business activity statement, Asset: - An asset stand...

Asset: - An asset stands for an item of value owned and controlled by an organization which can generate revenue for the organization or can help in generating the organization re

Write Your Message!

Captcha
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