Please HELP. WILL rate!!!

Excel Online Structured Activity: Dividends Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). Sales Opereting costs induding depreciation 7878 EBIT Interest EBT Taxes (40%) Net income $10100 $2222 297 $1925 770 1155 Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 510000 shares of stock outst Open the spreadsheet and perform the required analysis to answer the questions below. in and its common stock trades at 36 per share. Te data has been collected in the Microsoft Excel Online file below Open spreadsheet me company had a 30% d vidend payout ratio in 2015. Ir Brooks wants to maintain this payout ratio in 2016, t at will be its per share dividend in 2016? Round your anser to the nearest cent. a b. If the company aintains this 30% payout ratio, what wil be the current dividend yield on the company's stock? Round your answer to two decimal places. C. The company reported net income of $0.9 million in 2015. Assume that the number of shares outstanding has remained constant. What was the company's per-share dividend in 20157 Round your answer to the nearest cent. d. As an alternative to maintaining the same dividend payout ratio, Brooks is considering maintaining the same per-share dividend in 2016 that it paid in 2015. If it chooses this policy, what will be the company's dividend payout ratio in 2016? Round your answer to two decimal places e. Assume that the company is interested in dramatically expanding its operations and that this expansion wil require significant amounts of capital. The company would like to avoid transactions costs involved in issuing new cquity. Given this scenario, would it make more sense for the company to maintain a constant dividend payout rotilo or to maintain the same per-share dividend? I. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain the same per-share dividend II. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio. Check My Work 1 Dividends 3 4 5 6 7 8 Dollars in Thousands: Tax rate Operating cost % Common shares outstanding Common stock price Dividend payout ratio 40.00% 7800% 510,000 $36.00 30.00% 10 Sales 11 Operating costs 12 EBIT 13 Interest 14 EBT 15 Taxes 16 Net income 17 18 Calculation of current per share dividend 19 DPS, current year 20 $10,100 7,878 $2,222 297 $1,925 770 $1,155 Formulas #N/A 21 22 23 24 25 26 27 Current dividend yield calculation Current dividend yield Calculation of last year's per share dividend Last s net income DPS last year $900 Calculation of dividend payout ra last year's per share dividend: Dividend payout ratio on current net income tio based on 28 29 #N/A Excel Online Structured Activity: Dividends Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). Sales Opereting costs induding depreciation 7878 EBIT Interest EBT Taxes (40%) Net income $10100 $2222 297 $1925 770 1155 Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 510000 shares of stock outst Open the spreadsheet and perform the required analysis to answer the questions below. in and its common stock trades at 36 per share. Te data has been collected in the Microsoft Excel Online file below Open spreadsheet me company had a 30% d vidend payout ratio in 2015. Ir Brooks wants to maintain this payout ratio in 2016, t at will be its per share dividend in 2016? Round your anser to the nearest cent. a b. If the company aintains this 30% payout ratio, what wil be the current dividend yield on the company's stock? Round your answer to two decimal places. C. The company reported net income of $0.9 million in 2015. Assume that the number of shares outstanding has remained constant. What was the company's per-share dividend in 20157 Round your answer to the nearest cent. d. As an alternative to maintaining the same dividend payout ratio, Brooks is considering maintaining the same per-share dividend in 2016 that it paid in 2015. If it chooses this policy, what will be the company's dividend payout ratio in 2016? Round your answer to two decimal places e. Assume that the company is interested in dramatically expanding its operations and that this expansion wil require significant amounts of capital. The company would like to avoid transactions costs involved in issuing new cquity. Given this scenario, would it make more sense for the company to maintain a constant dividend payout rotilo or to maintain the same per-share dividend? I. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain the same per-share dividend II. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio. Check My Work 1 Dividends 3 4 5 6 7 8 Dollars in Thousands: Tax rate Operating cost % Common shares outstanding Common stock price Dividend payout ratio 40.00% 7800% 510,000 $36.00 30.00% 10 Sales 11 Operating costs 12 EBIT 13 Interest 14 EBT 15 Taxes 16 Net income 17 18 Calculation of current per share dividend 19 DPS, current year 20 $10,100 7,878 $2,222 297 $1,925 770 $1,155 Formulas #N/A 21 22 23 24 25 26 27 Current dividend yield calculation Current dividend yield Calculation of last year's per share dividend Last s net income DPS last year $900 Calculation of dividend payout ra last year's per share dividend: Dividend payout ratio on current net income tio based on 28 29 #N/A