Answer:
The answer is $750 millions
Explanation:
After recapitalization, the Weight of Debts of Nichols Corporation is 25%. Hence, its Weight of Equity Capital is: 100% - 25% = 75%.
The formula of Value of Operations as follows:
Value of Operations = Weight of Debts x Value of Debts + Weight of Equity Capital x Value of Equity Capital
Because Nichols Corporation's value of operations is equal to $600 million after recapitalization, we have the following equation with S as the value of equity after the recap:
600 = 25% x 150 + 75% x S
=> S = (600 - 25% x 150) / 75% = 750
Answer:
no
Explanation:
Grant writers are not essential to the success of a human services organization.
The company’s earnings per share would still be based on the
common shares outstanding of 9,500. This is because the 4,500 selling
transaction is not yet accounted for that last accounting period. Therefore,
Earnings per share = $33,250 / 9,500 shares
Earnings per share = $3.5 per share
Answer:
700
Explanation:
Calculation for the annual dividend on the preferred stock
Annual dividend on the preferred stock=1000 shares of 7%, $10 par value
Annual dividend on the preferred stock=(1000*$10*.07)
Annual dividend on the preferred stock=$700
Therefore the annual dividend on the preferred stock will be $700