Question
Question 6 PC Corp has $250 million in earnings, pays $25 million in dividends, has cash flow from operations of $200 million, and had capital
Question 6
PC Corp has $250 million in earnings, pays $25 million in dividends, has cash flow from operations of $200 million, and had capital expenditures of $20 million. The company spent $10 million for share repurchases. What is their dividend coverage ratio?
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Public Finance
Authors: Harvey Rosen, Ted Gayer
8th Edition
0073511285, 9780073511283
