subject
Business, 18.12.2019 01:31 donmak3833

Wolverine corporation plans to pay $3 dividend per share on each of its 300,000 shares next year. wolverine anticipates earnings of $6.25 per share over the years. if the company has a capital budgeting requiring an investment of 4 million over the year, and it desires to maintain its present debt to total assets (debt ratio) of 0.40, how much external equity must it raise? assume that wolverineā€™s capital structure includes only common equity and debt, and that debt and equity will be the only sources of funds to finance capital projects over the year. hint: (retained earnings + new equity) + (new debt) = 4,000,000 retained earnings = earnings ā€“ dividend = ? ? net debt / 4 = 0.4 net debt = ? ? retained earnings + net equity = 4 - new debt = ? ? new equity = ? ?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:50
1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls
Answers: 1
question
Business, 22.06.2019 11:00
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
question
Business, 22.06.2019 18:00
When peter metcalf describes black diamondā€™s manufacturing facility in china as a ā€œgreenfield project,ā€ he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?
Answers: 1
question
Business, 22.06.2019 21:00
After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years.your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.
Answers: 3
You know the right answer?
Wolverine corporation plans to pay $3 dividend per share on each of its 300,000 shares next year. wo...
Questions
question
Mathematics, 03.09.2019 00:10
Questions on the website: 13722361