Question: Some corporations like one British company that offers its large
Some corporations, like one British company that offers its large shareholders free crematorium use, pay dividends in kind (that is, offer their services to shareholders at below-market cost). Should mutual funds invest in stocks that pay these dividends in kind? (The fundholders do not receive these services.)
Answer to relevant QuestionsFor initial public offerings of common stock, 2010 was a relatively slow year, with about $30.7 billion raised by the process. Relatively few of the 94 firms involved paid cash dividends. Why do you think that most chose not ...In the previous problem, suppose Chevelle has announced it is going to repurchase $12,600 worth of stock. What effect will this transaction have on the equity of the firm? How many shares will be outstanding? What will the ...Saunders Corp. has a book net worth of $13,205. Longterm debt is $8,200. Net working capital, other than cash, is $4,205. Fixed assets are $17,380. How much cash does the company have? If current liabilities are $1,630, what ...Below are the most recent balance sheets for Country Kettles, Inc. Excluding accumulated depreciation, determine whether each item is a source or a use of cash and theamount:Your firm has an average receipt size of $125. A bank has approached you concerning a lockbox service that will decrease your total collection time by two days. You typically receive 6,400 checks per day. The daily interest ...
Post your question