Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Calculate the repurchase price and total payout for 2019 and 2018?
Dividend payout for 2019 is 25.57% and 23.07% for 2018
Transcribed Image Text:Shares of Common Stock
The following table shows the changes in shares of common stock for 2019, 2018 and 2017 (in thousands):
Common stock outstanding, beginning balances
Common stock repurchased
Common stock issued, net of shares withheld for employee taxes
Common stock outstanding, ending balances
2019
4,754,986
(345,205)
33,455
4,443,236
2018
5,126,201
(405,549)
34,334
4,754,986
Transcribed Image Text:Net income
Other comprehensive income/(loss):
Change in foreign currency translation, net of tax
Change in unrealized gains/losses on derivative instruments, net of tax:
Change in fair value of derivatives
Adjustment for net (gains)/losses realized and included in net income
Total change in unrealized gains/losses on derivative instruments
Change in unrealized gains/losses on marketable securities, net of tax:
Change in fair value of marketable securities
Adjustment for net (gains)/losses realized and included in net income
Total change in unrealized gains/losses on marketable securities
Total other comprehensive income/(loss)
Total comprehensive income
$
$
September 28,
2019
55,256
(408)
(661)
23
(638)
3,802
25
3,827
2,781
58,037
$
$
September 29,
2018
59,531
(525)
523
382
905
(3,407)
1
(3,406)
(3,026)
56,505
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