Good Coffee Inc. stock price is $52 now and every share will pay a $2 cash dividend Bob owns 100 shares and prefers $5 cash dividend. Bob decides to create a "homemade" dividend strategy. How many shares does Bob need to sell to receive his preferred cash dividend amount? 2 10 6 4 A company has 50,000 shares outstanding that sell for $45 per share. The company plans a 5 -for-2 stock split. Assuming no market imperfections or tax effects, what will the stock price be after the split? $30 $9 $15 $18 You own 100 shares of stock in Moon Light, Inc., that currently sells for $30.50 per share. The company has announced a dividend of $1.20 per share with an exdividend date of February 4 . Assuming that the current share price is fair and there are no taxes, what is the value of the stock on February 3 ? $30.50 $32.00 $29.30 $31.70 Great Year Inc., is currently operating at only 85 percent of fixed asset capacity. Current sales are $650,000. What is the maximum sales growth rate before any new fixed assets are needed? 21.05%12.45%15.00%17.65% Consider the following simplified financial statements for the Maverick Corporation (assuming no income taxes): Income Statement - Sales: $85,000; Costs: $64,150; Net Income: $20,850. Balance Sheet-Assets: $437,000; Debt: $109,250; Equity: $327,750. The company has predicted a sales increase of 10 percent. Assume the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. What is the external financing needed next year? $32,233$25.070$12,375$41,433