What was M’s total after-tax expense in 2009 due to its share-based compensation plans? Stock options compensation expense: $13.0 Associated income tax benefits: ($4.4) Restricted stock compensation expense: $31.7 Associated income tax benefits: ($9.5)Estimated forfeiture rate on unvested stock options?expected fortre rate= (unvested stovk options-options expected to vest/unvested stock options. Unvested=outstanding (outstanding grants)-vested (options exercisable). Expected to vest=vested and expected
Words: 5072 - Pages: 21
|P 52,000 |P 56,000 |P 88,000 | 196,000 | | |Total contribution |P142,000 |P176,000 |P198,000 |P516,000 | | |Stock distribution |14,200 sh
Words: 2470 - Pages: 10
a dividend yield of 3.64% R = D1/Po + g R = 2/54.99 + .05 R = .0364+.05 R = .0864 The rate of return for Raytheon is 8.64% 2. Po = 1.5 x (1+.01) / (.0864 – .01) Po = 1.515 / .854 Po = $1.77 3. The preferred stock would usually have a higher price because the dividends are paid out before
Words: 551 - Pages: 3
some knowledge of financial aspects, I have not discussed market forms with regard to market efficiency. Also, for the same reason, I don’t talk about the internal finance sources or bank loans including short loans. However, I focus on bonds and stocks. With regard to cost capital, I briefly discuss the weighted cost of capital. The word total is 3204. If we exclude the front page, the abstract, contents page and the references, the total is 2988 words. Contents Introduction | 3 | Financial
Words: 5473 - Pages: 22
Module 3 1.In going through the plan it is my observation that the plan lacks in testing some areas, specifically the sales revenue and accounts receivable. Via info from the previous module we know there is no pre numbering for bills of lading and no other method to which these are accounted for. There are several things that could result from this weakness. We can conclude that there may be discrepancies in items shipped and items billed to customers. As well because of a lack of numerical reference
Words: 5151 - Pages: 21
loan is: a. Convertible b. Secured c. Amortizable d. Callable 4. Par value of a stock refers to the: a. Issue price of the stock b. Value assigned to a share of stock by the corporate charter c. Market value of the stock on the date of the financial statements d. Maximum selling price of the stock e. Dividend value of the stock 5. Total assets on a balance sheet prepared on any date must agree with which of the following?
Words: 1166 - Pages: 5
The economy is what makes the world go round. Without currency, there is no exchange of services or goods and therefore there is no need for competitive marketing, accounting, strategic budget planning, or many other business related jobs. We are to select one company and analyze the financial standing of that company. We will go over many different financial ratios and explain what they mean to the company we are discussing. Before moving forward, let me discuss the company I chose, why, and the
Words: 1555 - Pages: 7
after-tax WACC 2. WACC = blend of rates of return expected by investors 3. Interest is tax-deductible: bank loan 8*(1-,35)=5,2% 4. Rate of return preferred share 6% 5. Target Rate of Return 16% 6. WACC = 8*(1-,35)*,2+7,75*(1-,35)*,133+6*,167+16*,5=10,7% Bernice: 1. Book = market value 2. Preferred stock book value = 100, market = 70 3. Common stock = 40, Earnings 10% = 4, Div =2, PBR=0,5 4. Growth rate = R on equity * PBR = 4/30 * ,5 = 6,7% 5. CAPM = rf + B (rm – rf) = 7+,5*7 = 10,5% Questions:
Words: 368 - Pages: 2
Introduction The purpose of this report is to present different sources of finances to a business and the different implications of various finances in a business. It is divided into 6 parts. The first part will identify the sources of finance currently available to a business. The second part will assess the implications of the different source. The third part will evaluate appropriate sources of finance and analyze the costs of different sources of finance for the new solar power business project
Words: 2802 - Pages: 12
Fannie Mae and Freddie Mac are two major mortgage lending companies in the United States. Both these large scale companies have lent out about $5.3 trillion dollars in mortgages. The companies lend other banks and financial institutions money so that the other banks can make new loans to businesses, potential homeowners, and other people looking to borrow money. By lending out all of this new money to other financial institutions the companies are potentially helping increase the economy.
Words: 671 - Pages: 3