Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

16 8. 1.9.1. 10 11 12 14 15 At this time, the company had Rp. 500 billion of cash available to be distributed to shareholders

image text in transcribed
16 8. 1.9.1. 10 11 12 14 15 At this time, the company had Rp. 500 billion of cash available to be distributed to shareholders and Rp. 9,500 billion in other assets. The company's equity capital is IDR 10,000 billion. It is assumed that the company's book value is equal to its market value. The company has 250 million shares in circulation and a net profit of IDR 1,400 billion. What is the price of the company's shares after using the available cash to be distributed in the form of cash dividends Display Settings D Focus ENG

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Theory And Practice

Authors: Prasanna Chandra

11th Edition

9355322208, 978-9355322203

More Books

Students also viewed these Finance questions

Question

What is the formula to calculate the mth Fibonacci number?

Answered: 1 week ago

Question

Carry out an interview and review its success.

Answered: 1 week ago