Problem 15.01 – Altamonte Telecommunications
Fundamentals of Financial Management, Concise
Brigham and Houston
11th Edition
Given debt, equity, capital budget, and net income… determine the dividend payout ratio for the firm.
Given debt, equity, capital budget, and net income… determine the dividend payout ratio for the firm.
Given the stock split… determine the stock price.
Given the stock repurchase… determine the stock price.
Given the stock split… find last year’s dividend per share.
Given production capacity expansion, investment, debt, and net income dividend… find how much external equity needs to expand capacity as desired.
Given the information on the three independent projects… find the payout ratio.
Given the income statement… determine the per share dividend, dividend yield in both the newer year and older year, and then determine whether the company should maintain a constant dividend or constant dividend payout ratio.
Given the information on the clothing company… determine the long-run growth rate for the firm, the stock’s required return, the size of the stock dividend given the firm’s current market capitalization, and determine the number of shares needed to be issued to implement the stock dividend.
Given the company’s alternative dividend policies… calculate the total dividends assuming that it follows each of the following policies provided.