Explore BrainMass

Explore BrainMass

    Finance Questions

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Finance Questions - Retained Earnings, K, Warrants. See attached file for full problem description.

    © BrainMass Inc. brainmass.com June 3, 2020, 8:07 pm ad1c9bdddf
    https://brainmass.com/business/finance/finance-questions-124639

    Attachments

    Solution Preview

    a. Chapter 18: 4, 10, and 17
    b. Chapter 19: 12 and 13

    18/4).

    a. By how much did the company's retained earnings increase?

    The retained earnings will increase by net income - dividend. The increase in retained earnings is 820-820X20%=$656 million.

    b. With 100 million shares outstanding and a stock price of $50, what was the dividend yield? (Hint: First compute dividends per share.)

    The dividend amount is 820X20%=$164 million
    Number of shares outstanding is 100 million.
    Dividend per share is 164/100=$1.64
    Stock price is $50
    Dividend yield is 1.64/50=3.28%

    18/10).

    P/E = Price/Earnings per Share ...

    Solution Summary

    The solution has various finance questions - springsteen music, dyer drilling, laser electronics, warrants and stock valuation

    $2.19

    ADVERTISEMENT