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Matrix Corp Inc. Is considering a 15 percent stock dividend. The capital accounts are as follows: Coran atask (0,000,000 heses) Retaines ananga 960,000,000 15,000,000 $239,000,000

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Matrix Corp Inc. Is considering a 15 percent stock dividend. The capital accounts are as follows: Coran atask (0,000,000 heses) Retaines ananga 960,000,000 15,000,000 $239,000,000 The company's stock is zelling for $32 per share. The company had total earnings of $19.200,000 with 6.000.000 shares outstanding and EPS were $3.20. The firm has a PE ratio of 10.00[roundedi. 2. Restate the equlty section at year end after the 15 percent stock dividend. Show the new capital sccounts. Cenon tok Ratasses esengs Set WE b. Restate the EPS and share price after the stock split Assume the PE ratio remains constant. (Do not round Intermediate calculations. Round the final answers to 2 decimal places.) Share peste c How many shares would an Investor have If he or she originally had 80 Number of shares shares d. What is the investor's total Investment worth before and after the stock dividend if the P. E rstio remains constant (There may be s sligint difference due to rounding.) (Do not round Intermediate calculations. Round the After stock dividend answer to 2 decimal places.) Jata Seatment 5 Bacon atoes and Actes atask divided e-1. Assume Mr. Neo, the president of Matrox Corp. wishes to benefit the shareholder by keeping the cash dividend at a previous level of $1.25 In spite of the fact that the shareholders now have 15 percent more shares. Because the cash didend is not reduced the share price is assumed to remain st $32. What is an Investor's total Investment worth after the stock dividend if he she had 80 shares before the stock dividend? Total Investment $ e-2 Under the scenario described in parte-1, 1s the Investor better of: O No f. What is the dividend yield on the shares under the scenario described in parte- (Round the final answer to 2 decimal places.) Dividend yield

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