2011 Dividends = (1.10)(2010 Dividends) = (1.10)($3,600,000) = $3,960,000 2. 2010 Payout = $3,600,000/$10,800,000 = 0.33 = 33% 2011 Dividends = (0.33)(2009 Net income) = (0.33)($14,400,000) = $4,800,000 (Note: If the payout ratio is rounded off to 33%, 2011 dividends are then calculated as $4,752,000.) 3. Equity financing = $8,400,000(0.60) = $5,040,000 2011 Dividends = Net
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cumulative voting, you vote on each director individually and without a majority of the shares, you cannot ensure that your representative will win any of the elections (you could lose 80% to 20% in each of the 10 individual elections). 3. To make this easier, assume there are 100 shares of class A and 100 shares of class B. You then own 10 class A shares (10%) and 20 class B shares (20%). Because class B shares have 10 times the voting rights of class A, there are a total of 100 + 100(10) = 1100 votes
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the Interest Income) Add: Dividend Received Net Cash from / (used in) Investing Activities (CFI) Cash Flow from Financing Activity: Cash proceeds from issuing shares (or common or preference stock) Add: Cash proceeds from issuing debentures, loans, notes payable, borrowings bonds & mortgages payable and other short-term or long-term debt Less: Cash payments for shares repurchase Less: Repayment of borrowings Less: Interest Paid (not the Interest Expense) Less: Dividend Paid ( on preferred or common
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* | | | Shares eligible for dividends are:Answer | | | | | Correct Answer: | the number of shares outstanding. | | | | | * Question 2 10 out of 10 points | | | A company declares a 4% share dividend when there are 4.0 million ordinary shares when the current market price is $1 per share. Which of the following will be the effect of the share dividend?Answer | | | | | Correct Answer: | Retained earnings will decrease by $.16 million and contributed capital
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of 2% of total assets. Further, Cisco commits to return a minimum of 50 percent of its free cash flow to shareholders in the forms of both dividends and share repurchases. Cisco generates a healthy amount of cash of about $10 billion to $12 billion annually in operating cash flow, it will have room to deliver both dividend increases and continue repurchase shares at a significant rate. * Strong Market Position: Cisco has offered six kinds of products and services. Cisco generates 80 percent
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Executive Summary Macy’s, Inc. is one of the Nation’s Premier Retailers, with Fiscal 2010 sales of $25.0 billion. Macy’s, Inc. operates the Macy’s and also Bloomingdale’s brands. The company has approximately 850 department stores in 45 states, DC, Guam and Puerto Rico, and also the macys.com and Bloomingdales.com websites. Macy’s, Inc. also operates four Bloomingdale’a outlet stores. Macy’s, Inc. has been a strong company and has maintained stable earnings in the midst of an economic recession
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Chief Financial Officer, Susan Collyns, was about to announce near-record profits of over $6 million for the end of the second quarter of 2007. However, despite these strong results the share price had declined 10% during the month of June as a result of industry pressures and the Company was considering a share repurchase program that would require the company to change its financial structure through the use of debt financing. This would represent a marked change for the company, which has avoided putting
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Abstract Comcast Corp (NASDAQ:CMCSA) is a global media and technology company. The Company's business segments are: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks. The Cable Communications segment offers video, high-speed Internet, and voice services to residential and business customers under the XFINITY brand name. This segment also provides business services, such as cellular backhaul services to mobile network operators; Ethernet network services;
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Name____Morenike Onibon___________________________ Individual Learning 55 Question Form General Information ORACLE CORPORATION’S 2014 FINANCIAL STATEMENT WAS UNAVAILABLE AT THE TIME I WORKED ON THIS PROJECT: I THUS USED THE 2013-2012 FINANCIAL STATEMENT. 1. What is the name of your corporation? The name of my corporation is Oracle Corporation. 2. Where are the corporate headquarters? The headquarters of Oracle is in Redwood City California. 3. What is the corporation’s fiscal
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models to real firms. In the process, participants will get a chance to: evaluate the risk profile of a firm and examine the sources of risk; analyze its capital structure and decide whether the firm is under- or over-leveraged; examine its dividend policy and decide whether the firm is under- or over-leveraged; and value the firm. How is the project structured? This is a project requiring by individual analysis and group synthesis. Each group should have at least 5 members but not to exceed
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