Business, 15.07.2020 20:01 lareynademividp0a99r
The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of perpetual debt outstanding carrying a coupon rate of 6%. Its earnings before interest and taxes (EBIT) are $100,000, and it is a zero growth company. AJC's current cost of equity is 8.8%, and its tax rate is 40%. The firm has 10,000 shares of common stock outstanding selling at a price per share of $60.00. Refer to the data for the Anson Jackson Court Company (AJC). Now assume that AJC is considering changing from its original capital structure to a new capital structure with 50% debt and 50% equity. If it makes this change, its resulting market value would be $820,000. What would be its new stock price per share?
Answers: 3
Business, 22.06.2019 04:00, tmcdowell69
Don’t give me to many notifications because it will cause you to lose alot of points
Answers: 1
Business, 22.06.2019 09:50, winterblanco
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
Business, 22.06.2019 15:30, barstr9146
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
Answers: 1
The Anson Jackson Court Company (AJC) currently has $200,000 market value (and book value) of perpet...
History, 19.09.2019 05:40
Mathematics, 19.09.2019 05:40
Health, 19.09.2019 05:40
History, 19.09.2019 05:40