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URGENT!! Definitely will upvote Kenyang Berhad bought RM4,000,000 building in 2015, which is 85% allocated to building and 15% to the land. The company took

URGENT!! Definitely will upvote

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Kenyang Berhad bought RM4,000,000 building in 2015, which is 85% allocated to building and 15% to the land. The company took a loan of 80% with an 8% Interest Rate. The annual interest of the loan is RM40,000 from the original price of the building. The company pay the loan instalment to the bank for 2% of the original price monthly. The Net Operating Income is RM1,050,000. The building then was sold at RM5,500,000, where the mortgage loan balance is 60% from its original price. The taxable income is 28%. Ignore cents during computation for the question below. Compute: a) Equity dividend b) Debt coverage ratio c) Before-tax cash flow from the property sale. d) After-tax cash flow (5 marks) (4 marks) (4 marks) (12 marks) Kenyang Berhad bought RM4,000,000 building in 2015, which is 85% allocated to building and 15% to the land. The company took a loan of 80% with an 8% Interest Rate. The annual interest of the loan is RM40,000 from the original price of the building. The company pay the loan instalment to the bank for 2% of the original price monthly. The Net Operating Income is RM1,050,000. The building then was sold at RM5,500,000, where the mortgage loan balance is 60% from its original price. The taxable income is 28%. Ignore cents during computation for the question below. Compute: a) Equity dividend b) Debt coverage ratio c) Before-tax cash flow from the property sale. d) After-tax cash flow (5 marks) (4 marks) (4 marks) (12 marks)

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