BD_DC17 - Chapter 17 Payout Policy Solutions to Chapter 17...

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Chapter 17 Payout Policy Solutions to Chapter 17 Data Case Numerical solutions to this case are available in Excel spreadsheet form, available on the Instructor’s Resource Center: http://www.aw-bc.com, with the files for the Solutions Manual, and on the Instructor’s Resource Disk. The spreadsheet solution contains two worksheets with model solutions based on results using data as of July 17, 2006. The Solutions worksheet contains the answers to the questions in the case, while the Balance Sheet worksheet contains the balance sheet, the most recent year of which is 2005. As new data becomes available, new statements can be downloaded to update the solutions. Similarly, new current stock prices and shares outstanding can be input into the Solutions worksheet to update the solutions. 1. The current stock price using the closing price on July 14, 2006 is $32.92 and shares outstanding are reported as 417,865,000.
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BD_DC17 - Chapter 17 Payout Policy Solutions to Chapter 17...

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