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Stone Meat Data Exhibit I Sales Stock In Millions Price Year Of Dollars EPS DPS Range 2002 60 0.560 0.30 6-10 2003 63 0.500 0.30
Stone Meat Data | ||||
Exhibit I | ||||
Sales | Stock | |||
In Millions | Price | |||
Year | Of Dollars | EPS | DPS | Range |
2002 | 60 | 0.560 | 0.30 | 6-10 |
2003 | 63 | 0.500 | 0.30 | 5-9 |
2004 | 68 | 0.710 | 0.35 | 5-10 |
2005 | 85 | 0.880 | 0.40 | 8-12 |
2006 | 97 | 0.820 | 0.45 | 9-14 |
2007 | 119 | 0.940 | 0.45 | 12-20 |
2008 | 130 | 1.110 | 0.45 | 11-18 |
2009 | 145 | 1.350 | 0.45 | 15-24 |
2010 | 164 | 1.300 | 0.50 | 17-27 |
2011 | 173 | 1.600 | 0.50 | 20-30 |
2012 | 180 | 1.750 | 0.60 | 24-32 |
Growth |
Exhibit II | |
Balance Sheet As of 12/31/2012 (figures in millions) | |
Cash | 20 |
Accounts Receivable | 10 |
Inventories | 30 |
Plant and Equipment, net | 60 |
Total Assets | 120 |
Accounts Payable | 20 |
Misc Accruals | 10 |
Preferred Stock (5%) | 10 |
Long term Debt | 24 |
Common Stock (2.5 million shares) | 12 |
Capital Surplus | 4 |
Retained Earnings | 40 |
Total Liabilities and Equity | 120 |
The firm's bonds carried a 6% coupon, | |
a 12/31/2022 maturity and were selling for | |
$960 as of 6/30/2012. | |
My question is this:
A. The weighted cost of debt is: (Decimal answer to the fourth decimal place)
B. What is the weighted cost of equity? (Decimal answer to the fourth decimal place)
C. What is the weighted average cost of capital? (Decimal answer to the fourth decimal place)
Please label the answer A. B. and C. so i know what information goes to each question
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