Question

Consider the following information about Truly Good Coffee, Inc.
Total assets .................. $240 million
Total debt ................. $115 million
Preferred stock ............... $ 25 million
Common stockholders’ equity ......... $100 million
Net profits after taxes ............. $22.5 million
Number of preferred stock outstanding ...... 1 million shares
Number of common stock outstanding ....... 10 million shares
Preferred dividends paid ........... $2 per share
Common dividends paid ........... $0.75 per share
Market price of the preferred stock ....... $30.75 per share
Market price of the common stock ........ $25.00 per share
Use the information above to find the following.
a. The company’s book value
b. Its book value per share
c. The stock’s earnings per share (EPS)
d. The dividend payout ratio
e. The dividend yield on the common stock
f. The dividend yield on the preferred stock


$1.99
Sales0
Views122
Comments0
  • CreatedApril 28, 2015
  • Files Included
Post your question
5000