Describe the duties and functions of parliamentary correspondent.
Describe the duties and functions of parliamentary correspondent.
Do you think news sources make news? Discuss with examples the importance of news sources in making news.
Do you think news sources make news? Discuss with examples the importance of news
sources in making news.
What do you understand by news values? Do they play significant role in selecting news for the newspaper? Explain.
What do you understand by news values? Do they play significant role in selecting news
for the newspaper? Explain.
’Interest is an important element of news’’. Can this statement define news? Discuss with examples.
’Interest is an important element of news’’. Can this statement define news? Discuss
with examples.
Recently there has been a spurt in specialized reporting. Do you agree? What are the major areas of specialized reporting generally found in the newspaper?
Recently there has been a spurt in specialized reporting. Do you agree? What are the
major areas of specialized reporting generally found in the newspaper?
Gamut Satellite Inc. produces satellite earth stations that sell for $150,000 each. The firm’s fixed costs, F, are $1.5 million, 20 earth stations are produced and sold each year, profits total $400,000, and the firm’s assets (all equity financed) are $5 million. The firm estimates that it can change its production process, adding $10 million to assets and $500,000 to fixed operating costs. This change will reduce variable costs per unit by $5,000 and increase output by 30 units. However, the sales price on all units must be lowered to $140,000 to permit sales of the additional output. The firm has tax loss carryforwards that render its tax rate zero, its cost of equity is 18%, and it uses no debt.
- Determine the variable cost per unit
- Determine the new profit if the change is made
- What is the incremental profit?
Describe the series of steps that most firms take when setting dividend policy.
h. What are stock splits and stock dividends? What are the advantages and disadvantages of each?
i. What is a dividend reinvestment plan (DRIP), and how does it work?
Suppose IWT has decided to distribute $50 million, which it presently is holding in liquid short-term investments. IWT’s value of operations is estimated to be about $1,937.5 million; it has $387.5 million in debt and zero preferred stock. As mentioned previously, IWT has 100 million shares of stock outstanding.
(1) Assume that IWT has not yet made the distribution. What is IWT’s intrinsic value of equity? What is its intrinsic stock price per share?
2) Now suppose that IWT has just made the $50 million distribution in the form of dividends. What is IWT’s intrinsic value of equity? What is its intrinsic stock price per share?
(3) Suppose instead that IWT has just made the $50 million distribution in the form of a stock repurchase. Now what is IWT’s intrinsic value of equity? How many shares did IWT repurchase? How many shares remained outstanding after the repurchase? What is its intrinsic stock price per share after the repurchase?
Discuss the advantages and disadvantages of a firm repurchasing its own shares.
Discuss the advantages and disadvantages of a firm repurchasing its own shares.
What is a stock repurchase? Describe the procedures a company follows when it makes a distribution through a stock repurchase.
What is a stock repurchase? Describe the procedures a company follows when it makes a distribution through a stock repurchase.