Smith corporation has 150000 shares of stock outstanding


1) Calculate the plowback ratio when dividends per share are $.90 (90 cents), earnings per share are $6.00, and payout ratio is 15%.

2) Smith Corporation has 150,000 shares of stock outstanding, total shareholders equity of $10 million, and stock price of $45. What is the company's market capitalization?

3) The furure value of a $1000 investment today at 8 percent annual interest compounded annually for 5 years is?

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Financial Management: Smith corporation has 150000 shares of stock outstanding
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