What is the dividend you expect Yum! Brand can pay in FY T+1? Multiple Choice $1,295,139 $1,375,236 $1,395,339 $1,165,451

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter2: Financial Statements, Cash Flow,and Taxes
Section: Chapter Questions
Problem 1Q: Define each of the following terms: Annual report; balance sheet; income statement Common...
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Hello Bartleby Experts. Need help figuring out this question. See screenshot attached. Thanks so much for your kind assistance :-) The question is: What is the Dividend you expect Yum! Brand can pay in FY T+1? The balance sheet and income statement is attached. 

What is the dividend you expect Yum! Brand can pay in FY T+1?
Multiple Choice
O
$1,295,139
$1,375,236
$1,395,339
$1,165,451
Transcribed Image Text:What is the dividend you expect Yum! Brand can pay in FY T+1? Multiple Choice O $1,295,139 $1,375,236 $1,395,339 $1,165,451
Given are the historical and projected Income Statement and Managerial Balance Sheet.
Income Statement ($K)
Period Ending
Total Revenue
Cost of Revenue
Gross Profit
SG&A
Non Recurring
EBIT
EBT
Interest Expense
Income Tax Expense
Net Income
Balance Sheet ($K)
Period Ending
Assets
Cash
Net Receivables
Inventory
(Accounts Payable)
Other Current Assets
Working Capital Requirement
Long Term Investments
PPE (net)
Goodwill & Intangible Assets
Total Fixed Assets
Total Invested Capital
FY T-2
11,279,000
8,465,000
2,814,000 2,902,000 3,223,000 3,590,060
1,427,000 1,247,000 1,364,000 1,436,024
38,000 77,000 110,000
FY T-2
216,000
1,310,000
143,000
-1,085,000
282,000
650,000
287,000
5,067,000
1,349,000 1,578,000 1,749,000 2,154,036
253,000 229,630 208,925 208,925
1,096,000 1,348,370 1,540,075 1,945,111
316,000 313,000
416,000 525,180
780,000 1,035,370
1,124,075
1,419,931
940,000
6,294,000
7,160,000
FY T-1
FY T
10,836,000 11,343,000 11,966,865
7,934,000 8,120,000 8,376,806
Financial Liabilities & Shareholder Equity
Current Long Term Debt
Long Term Debt
Total Financial Liabilities
Common Stock
Retained Earnings
Total Shareholder Equity
Total Capital Employed
FY T-1
Estimated T
+1
353,000
1,320,000
122,000
FY T
1,426,000
1,317,000
189,000
0
Estimated T
+1
1,504,430
1,436,024
263,828
-1,224,000 -1,811,000
-1,713,482
413,000 381,000 381,000
631,000
76,000
367,370
287,000
287,000
287,000
4,937,000 5,003,000 5,003,000
940,000 940,000 940,000
6,164,000 6,230,000 6,230,000
7,148,000 7,732,000 8,101,800
637,000
637,000
637,000 637,000
4,913,000
4,292,000 4,537,008
4,470,000
5,107,000 4,929,000 5,174,008
5,550,000
7,000
86,000
45,000
86,000
1,603,000
1,996,000 2,717,000 2,841,792
1,610,000 2,041,000 2,803,000 2,927,792
7,160,000
7,148,000 7,732,000 8,101,800
Assumption
T + 1
5.5%
70%
Calculate
12%
Given
Calculate
same as T
Calculate
27%
Calculate
Assumption
T + 1
6%
12.00%
11.50
74
same as T
Calculate
same as T
same as T
same as T
Calculate
Calculate
same as T
56%
Calculate
same as T
PLUG
Calculate
Calculate
Transcribed Image Text:Given are the historical and projected Income Statement and Managerial Balance Sheet. Income Statement ($K) Period Ending Total Revenue Cost of Revenue Gross Profit SG&A Non Recurring EBIT EBT Interest Expense Income Tax Expense Net Income Balance Sheet ($K) Period Ending Assets Cash Net Receivables Inventory (Accounts Payable) Other Current Assets Working Capital Requirement Long Term Investments PPE (net) Goodwill & Intangible Assets Total Fixed Assets Total Invested Capital FY T-2 11,279,000 8,465,000 2,814,000 2,902,000 3,223,000 3,590,060 1,427,000 1,247,000 1,364,000 1,436,024 38,000 77,000 110,000 FY T-2 216,000 1,310,000 143,000 -1,085,000 282,000 650,000 287,000 5,067,000 1,349,000 1,578,000 1,749,000 2,154,036 253,000 229,630 208,925 208,925 1,096,000 1,348,370 1,540,075 1,945,111 316,000 313,000 416,000 525,180 780,000 1,035,370 1,124,075 1,419,931 940,000 6,294,000 7,160,000 FY T-1 FY T 10,836,000 11,343,000 11,966,865 7,934,000 8,120,000 8,376,806 Financial Liabilities & Shareholder Equity Current Long Term Debt Long Term Debt Total Financial Liabilities Common Stock Retained Earnings Total Shareholder Equity Total Capital Employed FY T-1 Estimated T +1 353,000 1,320,000 122,000 FY T 1,426,000 1,317,000 189,000 0 Estimated T +1 1,504,430 1,436,024 263,828 -1,224,000 -1,811,000 -1,713,482 413,000 381,000 381,000 631,000 76,000 367,370 287,000 287,000 287,000 4,937,000 5,003,000 5,003,000 940,000 940,000 940,000 6,164,000 6,230,000 6,230,000 7,148,000 7,732,000 8,101,800 637,000 637,000 637,000 637,000 4,913,000 4,292,000 4,537,008 4,470,000 5,107,000 4,929,000 5,174,008 5,550,000 7,000 86,000 45,000 86,000 1,603,000 1,996,000 2,717,000 2,841,792 1,610,000 2,041,000 2,803,000 2,927,792 7,160,000 7,148,000 7,732,000 8,101,800 Assumption T + 1 5.5% 70% Calculate 12% Given Calculate same as T Calculate 27% Calculate Assumption T + 1 6% 12.00% 11.50 74 same as T Calculate same as T same as T same as T Calculate Calculate same as T 56% Calculate same as T PLUG Calculate Calculate
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