Question: Assuming all of the same debt and equity values for Yehti Manufacturing in problem 9, with the sole exception that both A-shares and B-shares have

Assuming all of the same debt and equity values for Yehti Manufacturing in problem 9, with the sole exception that both A-shares and B-shares have the same voting rights, one vote per share:

a. What proportion of the total long-term capital has been raised by A-shares?
b. What proportion of voting rights is represented by A-shares?
c. What proportion of the dividends should the A-shares receive?

Local Currency Yehti Manufacturinglions 200 300 100 400 1,000 Votes per share Total Votes Long-term debt Retained eamings Paid-in common stock 1 million A-share:s Paid-in common stock: 4 million B-shares 1.00 1.00 100 400 500 Total long-term capital

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