es. . . . . . . . . . . . . . . . . . . . . . . . . . . .  800,000  Variable costs. . . . . . . . . . . . . . . . . . . . .  . 362,500  Fixed Operating costs. . . . .. . . . . . . . . .  . 187,500  Income tax rate . . . . . . . . . . . . . . .      30%  Dividend growth rate . . . . . . . . . . . . . . . .       2%    Required:  Compute the following:  Net Income available to Common  DOL  DFL  DTL

The following figures have been extracted from the financial statements of KND Ltd: Book Value of Current Assets $45 million and Current Liabilities $34.75 million 11% Debentures:  $27 million debentures issued at $1,000.  Long-term Loan: $7.18 million Preference Share Capital: 8.8 million shares issued at $2 per share  Retained Earnings: $28.30 million  Ordinary Share Capital: 39 million shares issued at $1 per share General Reserves $9.20 million The following additional information has been provided by the manager of the company: Government bonds are currently yielding 6.3% per annum. The current market return on equity is estimated to be 13.5% per annum. Debenture coupons are paid annually, with 16 years to maturity. The company tax rate is 34%. The loan requires a 9% p.a. interest payment, compounded monthly. A merchant banker suggests that KND Ltd would have to offer a rate of 13.9% p.a. on any new issue of 16-year debentures. 12% Preference shares of KND Ltd are currently…

The following account balances are available for Pincus, Inc. as of 12/31/19:    Common Stock ………………………………………………… $500,000 Additional Paid-In Capital ……………………………… 40,000 Retained Earnings ……………………………………………… 190,000 Treasury Stock …………………………………………………. 20,000   What is the total stockholders’ equity?  $____________________

Telex Inc. Balance Sheet December 31, 20Y7 Stockholders' Equity Paid-in capital: Preferred 10% stock, $50 par (2,000 shares authorized and issued).... Excess of issue price over par.... Paid-in capital, preferred stock.... Common stock, $20 par (50,000 shares authorized, 45,000 shares issued)..... Excess of issue price over par.... Paid-in capital, common stock $100,000 10,000 $ 110,000 $900,000 190,000 1,090,000 .... 2,000 From sale of treasury stock..... Total paid-in capital... Retained earnings. $1,202,000 350,000 $1,552,000 Total Treasury stock (600 shares at cost).... Total stockholders' equity... (27,000) $1,525,000