UNIT 5 and UNIT 6 TEXTBOOK PROBLEMS
accounting teacherUNIT 5 TEXTBOOK PROBLEMS
UNIT 6 TEXTBOOK PROBLEMS
CHAPTER 16: PROBLEM 1
Dividend | $6.30 |
Dividend Tax | 25% |
Stock Price | $83 |
Step 1: Calculate the After-Tax Dividend | #NAME? |
Step 2: Ex-Dividend Price = | #NAME? |
CHAPTER 16: PROBLEM 4 (a thru d)
# of shares of stock outstanding | 270,000 | |
Stock Price | $73 | |
A. | #NAME? | 5 |
3 | ||
B. | #NAME? | 1 |
1.15 | ||
C. | #NAME? | 1 |
1.425 | ||
D. | #NAME? | 4 |
7 |
CHAPTER 16: PROBLEM 7
Stock Dividend | 25% |
# of shares of stock outstanding | 25,000 |
Market Value Balance Sheet: | |
Cash | $145,000 |
Fixed Assets | $598,000 |
Total | $743,000 |
Debt | $127,000 |
Equity | $616,000 |
Total | $743,000 |
Find the market price of stock by using the equity and # of shares outstanding | #NAME? |
New shares outstanding = | #NAME? |
New Stock price = | #NAME? |
CHAPTER 16: PROBLEM 16a
Dividend | $2.05 |
Payout Ratio | 40% |
Earnings Per Share | $6.20 |
Adjustment Rate | 0.3 |
Dividend 1 year from now = | #NAME? |
UNIT 6: TEXTBOOK PROBLEMS
CHAPTER 18: PROBLEM 2
Net Worth | $13,205 |
Long-term Debt | $8,200 |
Net Working Capital (Excluding Cash) | $3,205 |
Fixed Assets | $17,380 |
Current Liabilities | $1,630 |
Cash = | #NAME? |
Net Working Capital (Including Cash) = | #NAME? |
Current Assets = | #NAME? |
CHAPTER 19: PROBLEM 1 (a thru d)
# of shares outstanding | 490,000 | ||
Current Stock Price | $75 | ||
# of new shares outstanding in the future (rights offering) | 80,000 | ||
Price of New Stock (or rights) | $71 | ||
A. New Market Value of the Company = | #NAME? | ||
B. # of Rights Needed = | #NAME? | rights per new share | |
C. Ex-Rights Price = | #NAME? | ||
D. Value of the Right = | #NAME? | ||
CHAPTER 20: PROBLEM 4a
Spot exchange rate for the Canadian Dollar | $1.04 | ||
6 month forward rate | $1.06 | ||
U.S. Dollar | $1.00 | ||
One Canadian Dollar is worth | #NAME? | (If amount is below 1, then the U.S. Dollar is worth more and vice versa) | |
CHAPTER 20: PROBLEM 5a
Japanese Yen Exchange Rate= | 89 | = | $1 |
British Pound Exchange Rate= | 1 | = | $1.62 |
Cross Rate in terms of Yen per Pound = | #NAME? |
10 years ago
Purchase the answer to view it
unit_5_and_unit_6_answers.xlsx
