MCI Case

MCI Case - MCI Case 401 Ben Alexander Terra Collette...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
MCI Case 401 Ben Alexander Terra Collette Natalia Martinez Eric Schneck Submitted: 10/18/10
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Sources and Uses Statement Sources Uses Sources Uses Sources Uses Sources Uses Sources Uses (6) Operating Earnings $380 $390 $590 $890 $1,125 (7) Interest Paid ($100) ($100) ($100) ($100) ($100) (8) Other Income $13 $3 $4 $4 $5 (9) Provision for Taxes ($83) ($58) ($123) ($206) ($299) (11)Deferred Taxes $65 $88 $106 $120 $140 (13) Cap Ex (new) ($890) ($1,467) ($1,881) ($2,710) ($1,357) (14) Cap Ex (replacement) $0 $0 ($50) ($50) ($100) (16) Depreciation $173 $272 $412 $601 $749 Total $631 ($1,073) $753 ($1,625) $1,112 ($2,154) $1,615 ($3,066) $2,019 ($1,856) Need for External Financing $442 $872 $1,042 $1,451 ($163) MCI FY1984 MCI FY1985 MCI FY1986 MCI FY1987 MCI FY1988 Security Type Total Issue Net Proceeds Cost Cost/Proceeds Common Stock $39,600,000 $35,235,000 $4,365,000 14.20% Preferred Stock $145,000,000 $135,610,000 $9,390,000 7.19% Subordinated Debentures $372,450,000 $362,522,500 $9,927,500 3.20% Convertible Bonds $750,000,000 $737,800,000 $12,200,000 1.70% Total $1,307,050,000 $1,271,167,500 $35,882,500 5.88% 1. What is the likely level of MCI’s needs for external financing over the next five years
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/23/2011 for the course BUS M 401 taught by Professor Toddmitton during the Fall '10 term at BYU.

Page1 / 3

MCI Case - MCI Case 401 Ben Alexander Terra Collette...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online