Kasturi Safe & Lock generated net income of $911, depreciati…

Kasturi Safe & Lock generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $15, accounts receivables increased by $28, inventory decreased by $14, and net fixed assets decreased by $8. There was no interest expense. What was the net cash flow from operating activity?

Moody Properties is going to reduce its annual dividend by 1…

Moody Properties is going to reduce its annual dividend by 10 percent a year for the next two years. After that, it will maintain a constant dividend of $2 per share. Last year, the company paid an annual dividend of $3 per share. What is the market value of this stock if the required return is 13.7 percent?

Arcs and Triangles paid an annual dividend of $1.47 per shar…

Arcs and Triangles paid an annual dividend of $1.47 per share last month. The company is planning on paying $1.52, $1.58, and $1.60 per share over the next three years, respectively. After that, the dividend will be constant at $1.65 per share per year. What is the market price of this stock if the market rate of return is 12 percent?

Russell United has 28,500 shares of stock outstanding and ha…

Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting?

Ruff Games just paid its annual dividend of $3.00. The firm…

Ruff Games just paid its annual dividend of $3.00. The firm plans to increase its dividend by 13 percent for the next 3 years and then maintain a constant 5 percent rate of dividend growth. The required return is 8.75 percent. What is the current value per share of this stock?