subject
Business, 20.11.2019 22:31 DragonLovely

Edna recording studios, inc., reported earnings available to common stock of $4,200,000 last year. from those earnings, the com­pany paid a dividend of $1.26 on each of its 1,000,000 common shares outstanding. the capital structure of the company includes 40% debt, 10% preferred stock, and 50% common stock. it is taxed at a rate of 40%. if the market price of the common stock is $40 and divendends are expected to grow at a rate of 6% per year for the forseeable future, what is the company's cost of retained earnings financing?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:40
The economic advisor of a large tire store proposes the demand function d(p)equalsstartfraction 1900 over p minus 40 endfraction , where d(p) is the number of tires of one brand and size that can be sold in one day at price p. answer parts (a) through (e) below. a. recalling that the demand must be positive, what is the domain of this function? the domain consists of all possible values of â–¼ for which â–¼ p d(p) â–¼ does not exist. is positive. is zero. is negative. exists.
Answers: 3
question
Business, 22.06.2019 06:00
Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase
Answers: 1
question
Business, 22.06.2019 15:00
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
question
Business, 23.06.2019 01:00
While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?
Answers: 3
You know the right answer?
Edna recording studios, inc., reported earnings available to common stock of $4,200,000 last year. f...
Questions
question
Mathematics, 02.02.2020 15:55
Questions on the website: 13722361