3 a. Following information is available in respect of a company named, as Beta Ltd Particulars...
3 a. Following information is available in respect of a company named, as Beta Ltd Particulars Amount Profit before taxes Rs 50 lakhs
Dividend declared per share Rs2
Price of the share prevalent on stock exchange Rs 200
Applicable tax rate 35%
Share capital of company 5 lakh shares of Rs 10 each
Calculate- Earnings per share
Dividend Pay-out Ratio
Price earnings ratio
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3 a. Following information is available in respect of a company
named, as Beta Ltd Particulars...
On January 1, 2018, Sweetwater Ltd., a private company, had the following shareholders' equity accounts: Preferred...
On January 1, 2018, Sweetwater Ltd., a private company, had the following shareholders' equity accounts: Preferred shares, $1 noncumulative, unlimited number authorized, none issued Common shares, unlimited number authorized, 2.06 million issued Retained earnings $2,860,000 3,470,000 The following selected transactions occurred during 2018: Jan. 2 Issued 210,000 preferred shares at $25 per share. Feb. 8 Issued 100,000 common shares in exchange for land. On this date, the current value of the land was $210,000. The common shares have not recently...
On January 1, 2018, Tarjee Ltd., a private company, had the following shareholders' equity accounts: Preferred...
On January 1, 2018, Tarjee Ltd., a private company, had the following shareholders' equity accounts: Preferred shares, $1 noncumulative, unlimited number authorized, none issued Common shares, unlimited number authorized, 2.70 million issued Retained earnings $2,700,000 3,940,000 The following selected transactions occurred during 2018: Jan. 2 Issued 180,000 preferred shares at $25 per share. Feb. 8 Issued 90,000 common shares in exchange for land. On this date, the current value of the land was $184,000. The common shares have not recently...
1. Calculate the cot of preferred stock of TC Ltd given the following information: - New...
1. Calculate the cot of preferred stock of TC Ltd given the following information: - New perpetual preferred stock with a par value of $30 per share can be sold at a price of $29.10 per share. It is estimated that the preferred dividend would be 10% - The firm can issue new common stock with a price of $48.13, and a dividend in year 0 of D0 = $2.75. The firm's growth rate is 5%. A. 10.00% B. 10.31%...
Q3. (15 Marks) A proforma cost shoct of a company provides the following particulars: Particulars Amount...
Q3. (15 Marks) A proforma cost shoct of a company provides the following particulars: Particulars Amount per unit Elements of cost:(Rs) Raw materials Direct labour Overhead 170 Total cost Profit Selling price The following further particulars are available: Raw materials in stock, on average, one month; Materials in process (completion stage, 50 per cent), on average, half a month: Finished goods in stock, on average, one month. Credit allowed by suppliers is one month; Credit allowed to debtors is two...
Question 5 (16 marks) Incarius Ltd has asked you to estimate the WACC for their company....
Question 5 (16 marks) Incarius Ltd has asked you to estimate the WACC for their company. You have collected the following information: The return on risk-free Australian Government Bonds is 2.5% p.a Incarius Ltd has 1,000,000 shares outstanding and its shares are currently trading at $5.50 per share. Beta of Incarius Ltd shares is 1.3, and the expected return on the market is 10.5% Incarius Ltd has 8 million preference shares outstanding at a current price of $11 per share....
Pharma Shop Ltd. is a mid-sized public company that had been in operation for many years....
Pharma Shop Ltd. is a mid-sized public company that had been in operation for many years. On December 31, 2019, it had an unlimited number of common shares authorized and 6,700,000 shares issued at an average value of $25 per share. As well, there were 6,500,000 preferred shares authorized, with 325,000 of them issued at $15 per share. The balance in retained earnings was $26,650,000. The balance in accumulated other comprehensive income was $520,000. The preferred shares pay an annual...
Before preparing financial statements for the current year, the chief accountant for Cullumber Ltd. provided the following information...
Before preparing financial statements for the current year, the chief accountant for Cullumber Ltd. provided the following information regarding the accounting for dividends and stock splits: 1. Cullumber has 20,400, $4 noncumulative preferred shares issued. It paid the preferred shareholders the quarterly dividend, and recorded it as a debit to Dividends Expense and a credit to Cash. 2. A 5% stock dividend (1,000 shares) was declared on the common shares when the fair value per share was $12. To record the declaration, Retained Earnings was debited and...
Major Communications Ltd., a publicly traded company that specializes in data capture, has been in operation...
Major Communications Ltd., a publicly traded company that specializes in data capture, has been in operation for several years. On October 1, 2019, it had 10 million common shares authorized and 1,490,000 shares issued at an average value of $28 per share. As well, there were 1 million preferred shares authorized, with 220,000 of them issued at $14 per share. During the fiscal year ended September 30, 2020, the company generated net income after taxes of $22,800,000 and other comprehensive...
Ultra Ltd is a chip manufacturer based in Taiwan. Its stock traded at $42 at the...
Ultra Ltd is a chip manufacturer based in Taiwan. Its stock traded at $42 at the beginning of 2018 with a beta estimate of 1. Its market risk premium is 6%. The risk free rate at the end of 2017 was 1.6%. The company is expected to pay dividends of $1.60 per share at the end of 2018 and 2019. (i) Using the Capital Asset Pricing Model (CAPM), calculate the required rate of return. (ii) What will be the Ultra...
Q1/ please answer the question as the tables The following selected information (in millions, except for...
Q1/ please answer the question as the tables The following selected information (in millions, except for per-share information) is available for National Bank of Canada for the year ended October 31: 2015 2014 Weighted average number of common shares 333.1 331.1 Income available to common shareholders (equals net income) $1,574 $1,498 Dividends declared and paid per common share 2.04 1.88 Dividends declared and paid on common shares 672 616 Average common shareholders’ equity 9,806 8,778 Market price per common share...
On January 1, 2018, Sweetwater Ltd., a private company, had the following shareholders' equity accounts: Preferred shares, $1 noncumulative, unlimited number authorized, none issued Common shares, unlimited number authorized, 2.06 million issued Retained earnings $2,860,000 3,470,000 The following selected transactions occurred during 2018: Jan. 2 Issued 210,000 preferred shares at $25 per share. Feb. 8 Issued 100,000 common shares in exchange for land. On this date, the current value of the land was $210,000. The common shares have not recently...
On January 1, 2018, Tarjee Ltd., a private company, had the following shareholders' equity accounts: Preferred shares, $1 noncumulative, unlimited number authorized, none issued Common shares, unlimited number authorized, 2.70 million issued Retained earnings $2,700,000 3,940,000 The following selected transactions occurred during 2018: Jan. 2 Issued 180,000 preferred shares at $25 per share. Feb. 8 Issued 90,000 common shares in exchange for land. On this date, the current value of the land was $184,000. The common shares have not recently...
Q3. (15 Marks) A proforma cost shoct of a company provides the following particulars: Particulars Amount per unit Elements of cost:(Rs) Raw materials Direct labour Overhead 170 Total cost Profit Selling price The following further particulars are available: Raw materials in stock, on average, one month; Materials in process (completion stage, 50 per cent), on average, half a month: Finished goods in stock, on average, one month. Credit allowed by suppliers is one month; Credit allowed to debtors is two...
Question 5 (16 marks) Incarius Ltd has asked you to estimate the WACC for their company. You have collected the following information: The return on risk-free Australian Government Bonds is 2.5% p.a Incarius Ltd has 1,000,000 shares outstanding and its shares are currently trading at $5.50 per share. Beta of Incarius Ltd shares is 1.3, and the expected return on the market is 10.5% Incarius Ltd has 8 million preference shares outstanding at a current price of $11 per share....
Pharma Shop Ltd. is a mid-sized public company that had been in operation for many years. On December 31, 2019, it had an unlimited number of common shares authorized and 6,700,000 shares issued at an average value of $25 per share. As well, there were 6,500,000 preferred shares authorized, with 325,000 of them issued at $15 per share. The balance in retained earnings was $26,650,000. The balance in accumulated other comprehensive income was $520,000. The preferred shares pay an annual...
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