Question: How much of a decrease would you expect this to be ? Stock price $ 6 0 . 0 0 Shares outstanding 1 2 ,

How much of a decrease would you expect this to be?
Stock price
$60.00
Shares outstanding
12,036,000
Market cap
$722,160,000
Excess Cash
$110,360,000
Dividend per share
$9.17

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

how much of a decrease would you expect this will be ? Stock price $ 5 6 . 0 0 Shares outstanding 1 1 , 6 1 6 , 0 0 0 Market cap $ 6 5 0 , 4 9 6 , 0 0 0 Excess Cash $ 1 0 6 , 1 6 0 , 0 0 0 Dividend...

Q:

QUESTIONS: a. Assuming the company does not invest in the new product line, prepare forecasted income statements and Balance sheets at year-end 2010, 2011, and 2012. Based on these forecasts,...

Q:

Ravenscroft, Inc. Suggested Analysis Questions: 1. Assuming the company does not invest in the new product line, prepare forecasted income statements and balance sheets at year-end 2010, 2011, and...

Q:

Q1b. Find the sources of the numbers entered in B15, B16, and B17 and list them. HINT: Case Exhibit 4 lists, among other information, betas for three peers of Flash Memory. B15 is assumed, but...

Q:

Michelle Raymar, VP of Finance at Carem Industries, was about to head to a meeting with her junior colleagues to discuss Carem's long-term capital requirements. She was feeling good because revenues...

Q:

1) Show the Free Cash Flows (FCFS) for D'Leon Inc. 1 If DLeon starts depreciating fixed assets over 7 years rather than 10 years, would that affect (1) the physical stock of assets, (2) the balance...

Q:

Michelle Raymar, VP of Finance at Carem Industries, was about to head to a meeting with her junior colleagues to discuss Carem's long-term capital requirements. She was feeling good because revenues...

Q:

3-20 FINANCIAL STATEMENTS AND TAXES Donna Jamison, a 2014 graduate of the University of Florida, with 4 years of banking experience, was recently brought in as assistant to the chairperson of the...

Q:

Michelle Raymar, VP of Finance at Carem Industries, was about to head to a meeting with her junior colleagues to discuss Carems long-term capital requirements. She was feeling good because revenues...

Q:

m The Board of Grant Metal Inc has asked you to review its capital structure and determine ways to reduce the weighted average cost of capital Select data from the most recent tacial statements are...

Q:

A company purch ased ten thousand pairs of men's slacks for $19.56per pair and mark them up $21.93what w as the selling price of each pair of slacks.

Q:

Identify the critical path and determine the expected project duration (Eep). Compute the variance of critical path duration (ocp). What is the probability that the project will take at least 21 days...

Q:

Which one is not correct practice under the US GAAP? Generally cash equivalents include the investments purchased within 3 months of their maturity value.

Q:

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...