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This Question: 1 pt 5 of 5 (1 complete) Yehti Manufacturing (A). Lual classes of common stock are common in a number of countnes. Assume
This Question: 1 pt 5 of 5 (1 complete) Yehti Manufacturing (A). Lual classes of common stock are common in a number of countnes. Assume that Yent Manufacturing has the following capital structure at book value. The A-shares have ten votes per share and the B-shares have one vole per share. Click on the icon to 304 180 Local Currency Yehti Manufacturing (millions) Long-term debt Retained earnings Paid-in common stock: 1.6 million A-shares Paid-in common stock: 4.4 million B-shares 440 Total long-term capital 1.100 a. What proportion of the total long-term capital has been raised by A-shares? b. What proportion of voting rights is represented by A-shares? c. What proportion of the dividends should the A-shares receive? b. What proportion of voting rights is represented by A shares? The proportion of voting rights represented by A-shares is %. (Round to two decimal places) c. What proportion of the dividends should the A-shares receive? The proportion of the dividends that A-shares should receive is 1%. (Round to two decimal places.) Enter your answer in each of the answer boxes
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