FCF 9th edition Chapter 17

# FCF 9th edition Chapter 17 - Chapter 17 Problems 1-16 Input...

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Chapter 17 Problems 1-16 Input boxes in tan Output boxes in yellow Given data in blue Calculations in red Answers in green NOTE: Some functions used in these spreadsheets may require that the "Analysis ToolPak" or "Solver Add-in" be installed in Excel. To install these, click on "Tools|Add-Ins" and select "Analysis ToolPak" and "Solver Add-In."

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Chapter 17 Question 1 Input Area: Dividend per share \$4.60 Tax rate 15% Price \$80.37 Output Area: After-tax Dividend \$3.91 Ex-dividend price \$76.46
Chapter 17 Question 2 Input Area: Common stock \$30,000 Par value \$1 Capital surplus \$285,000 Retained earnings \$649,180 Total owners' equity \$964,180 a. Stock price \$30 Stock dividend 10% b. Stock dividend 25% Output Area: a. New shares outstanding 33,000 New shares issued 3,000 Capital surplus on new shares \$87,000 Common stock \$33,000 Capital surplus \$372,000 Retained earnings \$559,180 \$964,180 b. New shares outstanding 37,500 New shares issued 7,500 Capital surplus on new shares \$217,500 Common stock \$37,500 Capital surplus \$502,500 Retained earnings \$424,180 \$964,180

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Chapter 17 Question 3 Input Area: Common stock \$30,000 Par value \$1 Capital surplus \$285,000 Retained earnings \$649,180 Total owners'Equity \$964,180 Stock price \$30 a. Stock split 4 for 1 b. Stock split 1 for 5 Output Area: a. New shares outstanding 120,000 The accounts are unchanged except that par value is now \$0.25 b. New shares outstanding 6,000 The accounts are unchanged except that par value is now \$5.00
Chapter 17 Question 4 Input Area: Shares outstanding 350,000 Stock price \$90.00 a. Stock split 5 for 3 b. Stock divdend percent 15.00% c. Stock divdend percent 42.50% d. Stock split (shares) 4 for 7 Output Area: a. Stock split \$54.00 b. Stock dividend \$78.26 c. Stock dividend \$63.16 d. Stock split \$157.50 e. a. New shares outstanding 583,333 b. New shares outstanding 402,500 c. New shares outstanding 498,750 d. New shares outstanding 200,000

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## This note was uploaded on 02/09/2012 for the course BMGT 340 taught by Professor None during the Spring '11 term at Shoreline.

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FCF 9th edition Chapter 17 - Chapter 17 Problems 1-16 Input...

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