Business, 07.08.2019 01:30 kateykob01
Erna corp. has 7 million shares of common stock outstanding. the current share price is $73, and the book value per share is $8. erna corp. also has two bond issues outstanding. the first bond issue has a face value of $75 million, has a coupon of 8 percent, and sells for 98 percent of par. the second issue has a face value of $55 million, has a coupon of 9 percent, and sells for 107 percent of par. the first issue matures in 23 years, the second in 7 years. a. what are erna’s capital structure weights on a book value basis? (round your answer to 4 decimal places. (e. g., 32.1616)) equity/value debt/value b. what are erna’s capital structure weights on a market value basis
Answers: 3
Business, 21.06.2019 21:40
Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:
Answers: 2
Business, 21.06.2019 22:30
For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to
Answers: 1
Business, 22.06.2019 21:30
What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)
Answers: 1
Business, 22.06.2019 23:40
John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?
Answers: 1
Erna corp. has 7 million shares of common stock outstanding. the current share price is $73, and the...
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