for RuNutz Corp: Revenues = $125 million; Cost excluding depreciation = $17 million; Depreciation = $13 million; Interest Expense = $1.5 million; Tax rate=21%; Preferred Dividends = $4 million; Common Dividends = $5 million. The company has 7 million common stocks outstanding, and 1 million vested stock options, each with a strike of $4, and the current price of the stock is $12. The company increased its receivables by $10 million and its payables by $5 million this year. a. The EPS for the year is____, and the diluted EPS is______. b. The addition to cash-flow from oper
for RuNutz Corp: Revenues = $125 million; Cost excluding depreciation = $17 million; Depreciation = $13 million; Interest Expense = $1.5 million; Tax rate=21%; Preferred Dividends = $4 million; Common Dividends = $5 million. The company has 7 million common stocks outstanding, and 1 million vested stock options, each with a strike of $4, and the current price of the stock is $12. The company increased its receivables by $10 million and its payables by $5 million this year. a. The EPS for the year is____, and the diluted EPS is______. b. The addition to cash-flow from oper
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
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The following is the financial data for RuNutz Corp: Revenues = $125 million; Cost excluding
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