Question: Chapter 11 Homework Chapter 11 Homework Help Save & Exit Submit Check my work Required information The folowing information applies to the questions displayed below
Chapter 11 Homework Chapter 11 Homework Help Save & Exit Submit Check my work Required information The folowing information applies to the questions displayed below Part 4 of 4 Nicole has been financing Nicole's Getaway Spa (NGS) using equity financing Currently NGS has authorized 100,000 no-par preferred shares and 200,000 $2 par common shares. Outstanding shares include 46,000 preferred shares and 36.000 common shares 2.5 poirnes Recently the following transactions have taken place a. NGS issues 800 preferred shares for $13 a share b. NGS repurchases 800 common shares for $12 a share c On November 12, the board of directors declares a so 50 cash dividend on each outstanding Print preferred share d The dividend is paid December 20 eence 4. How would each transaction affect the ROE ratio? (Use+ for increase- for decrease, and NE for no effect)
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