Question
The capital structure for Cain Supplies is: Cain Supplies Debt @ 10% $ 170,000 Common stock, $10 par 340,000 Total $ 510,000 Common shares 34,000
The capital structure for Cain Supplies is: Cain Supplies Debt @ 10% $ 170,000 Common stock, $10 par 340,000 Total $ 510,000 Common shares 34,000 Compute the stock price for Cain if it sells at 20 times earnings per share and EBIT is $64,000. The tax rate is 30 percent.
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Uniform Administrative Requirements Cost Principles And Audit Requirements For Federal Awards A Handbook For Institutions Of Higher Education And State And Local Governments
Authors: Andrew Shepard-Smith
1st Edition
1505298482, 978-1505298482
