Kevin’s bacon company inc. has earnings of $5 million with 2,500,000 shares outstanding before a public distribution. four hundred thousand shares will be included in the sale, of which 200,000 are new corporate shares, and 200,000 are shares currently owned by ann fry, the founder and ceo. the 200,000 shares that ann is selling are referred to as a secondary offering and all proceeds will go to her. the net price from the offering will be $19.50 and the corporate proceeds are expected to produce $1.1 million in corporate earnings. a. what were the corporation’s earnings per share before the offering? (do not round intermediate calculations and round your answer to 2 decimal places.)
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Business, 21.06.2019 22:00
The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?
Answers: 1
Business, 22.06.2019 19:10
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
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Business, 23.06.2019 00:50
Hubert manages a grocery store in a country experiencing a high rate of inflation. to keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. his employees regularly deal with customer annoyance over the frequent price changes. this is an example of the of inflation.
Answers: 2
Business, 23.06.2019 02:50
Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)
Answers: 2
Kevin’s bacon company inc. has earnings of $5 million with 2,500,000 shares outstanding before a pub...
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