Question
A firms Earnings Before Interest and tanxes(EBIT) is $239,667. The company's taxe rate is 35%. Its long term debt amounts $500,000 and carries a rate
A firms Earnings Before Interest and tanxes(EBIT) is $239,667. The company's taxe rate is 35%. Its long term debt amounts $500,000 and carries a rate of 6%. It has 200,000 shares of common, par $5 outstanding amounting to It has common shares,$5 par 200,000 What is the company's eps? If its payout ratio is 40%, what is its dividend per share (DPS)?
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Financial Management Principles And Practice
Authors: Timothy Gallagher
7th Edition
0996095462, 978-0996095464
