Question
Company X has 6000 shares of common stock booked as stock booked value of $24,000 and paid in capital of 420,0004.In addition the firm has
Company X has 6000 shares of common stock booked as stock booked value of $24,000 and paid in capital of 420,0004.In addition the firm has 1800 shares of preferred stock cumulative with a par value of 75$ and a6% annual dividend .Company X carries long term debt of $421.000at %5.Company X had earnings this year of $150.000 and is taxed at %21
1-How much will the preferred shareholders be paid this year if the board had passed the preferred dividend for the prior three years? show your calculation
2-What is the par value of the common stock in dollars show your calculation?
3-How much did the common stock initially sell for? show yourcalculation
4-How much in total financing does company x have and in what percentage in each component of financing? show your calculation
5-What is Company X 'S ROE? show yourcalculation
6-What is Company X 'EPS? show yourcalculation
7-Complete the following table with values for each?
EBIT ----------------------------------
Interest -------------------------------
EBT-----------------------------------------
Tax----------------------------------------
Eat---------------------------------------------
Preferred divident --------------------
EAC --------------------------------------------
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