?? Financial accounting On December 31, 2023, Evergreen Corporation's commonstock sold for $45 per share, and dividends per share were0.90.Compute Evergreen's dividend yield during 2023.A. 2.0%B. 3.5%C. 1.5%D. 2.8%

Step 1: Definition of Dividend YieldDividend yield is a financial ratio that shows how much a…

Answered: On December 31, 2023, Evergreen…

Cornerstones of Financial Accounting

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Chapter10: Stockholder's Equity

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Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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General accounting
General Accounting
a. Sales for 2018 were $455,150,000, and EBITDA was 15% of sales. Furthermore, depreciationand amortization were 11% of net fixed assets, interest was $8,575,000, thecorporate tax rate was 40%, and Laiho pays 40% of its net income as dividends. Giventhis information, construct the firm’s 2018 income statement.b. Construct the statement of stockholders’ equity for the year ending December 31, 2018,and the 2018 statement of cash flows.c. Calculate 2017 and 2018 net operating working capital (NOWC) and 2018 free cashflow (FCF). Assume the firm has no excess cash.d. If Laiho increased its dividend payout ratio, what effect would this have on corporatetaxes paid? What effect would this have on taxes paid by the company’s shareholders?e. Assume that the firm’s after-tax cost of capital is 10.5%. What is the firm’s 2018 EVA?f. Assume that the firm’s stock price is $22 per share and that at year-end 2018 the firmhas 10 million shares outstanding. What is the firm’s MVA at year-end 2018?
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On December 31, 2023, Evergreen Corporation's common stock sold for $45 per share, and dividends per share were 0.90. Compute Evergreen's dividend yield during 2023. A. 2.0% B. 3.5% C. 1.5% D. 2.8%