Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Brook Group had cash dividends of $350,000, a dividend payout ratio of 50% and shares outstanding of 250,000 shares. What is the company's earnings per

image text in transcribed
Brook Group had cash dividends of $350,000, a dividend payout ratio of 50% and shares outstanding of 250,000 shares. What is the company's earnings per share? Question 9 Sealed Inc. currently has a required return on its assets/unlevered WACC of 16.0%. It plans to borrow $6,000,000 at an interest rate of 8.0%. It has EBIT of $4,800,000 and a tax rate of 25.0%. Using the MM Proposition with taxes what is the value of the company (enterprise value not equity value) after it borrows the $6,000,000 ? $30,000,000$22,500,000$24,000,000$31500.000 Brook Group had cash dividends of $350,000, a dividend payout ratio of 50% and shares outstanding of 250,000 shares. What is the company's earnings per share? Question 9 Sealed Inc. currently has a required return on its assets/unlevered WACC of 16.0%. It plans to borrow $6,000,000 at an interest rate of 8.0%. It has EBIT of $4,800,000 and a tax rate of 25.0%. Using the MM Proposition with taxes what is the value of the company (enterprise value not equity value) after it borrows the $6,000,000 ? $30,000,000$22,500,000$24,000,000$31500.000

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

Investments

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

9th Edition

73530700, 978-0073530703

More Books

Students also viewed these Finance questions

Question

Explain the alkaline nature of aqueous solution of making soda.

Answered: 1 week ago

Question

Comment on the pH value of lattice solutions of salts.

Answered: 1 week ago