Answer:
The earnings per share for the year ended 31st December 2021 is $0.52
Explanation:
million
Net income $426,000,000
preferred dividends(2million*8%) ($160,000)
Net income attributable to common shares $425,840,000
Earnings per share =earnings attributable to common stock/common stock
common stock 820,000,000
Earnings per share=$425,840,000/820,000,000
Earnings per share=$0.52
The earnings attributable to each common stock is $0.52 per share
The earnings per share is the dividend potential of Noble corporation, which implies the amount from which dividends can be paid and also from investment projects can also be funded as retained earnings is the cheapest form of finance from availability and affordability points of views.
Answer:
$2.08
Explanation:
First calculate the price of the bond
Price of the bond = [ ( 1000 x 8% x 6/12 ) x ( ( 1 - ( 1 + (7.5%x6/12) )^-(5x2) )/(7.5%x6/12) ] + { 1000 / (7.5%x6/12) ]
Price of the bond = $1,020.53
Now calculate the premium
Premium on the bond = Price of the bond - Face value of the bond = $1,020.53 - $1,000 = $20.53
Now prepare the amortization schedule to calculate the premium amortization in 6th payment.
The amortization schedule is attached with this answer please find that.
Hence, In the sixth payment the premium amortization is $2.08
Answer:
The cost of newly issued common stock will be 5.8% after incorporating the effect of flotation cost.
Explanation:
WACC is the cost of capital of all the sources of finance. This cost of capital should consider all the sources of finance. Jana should include long term debts and equity financing costs to identify the Weighted average cost of capital. Preferred stocks are also added in the calculations.
Answer:
The more electricity, communications, and transportation used in a nation's economy, it will give them a more developed country and a greater potential for increased industrialization.
Explanation:
Read the fine print, if it says “after signing, this contract is final.” Then Otto is screwed, because he must pay the $50,000
Or, Otto could hire a lawyer to fight it in court
Hope this helped ♥︎