问题已解决
31.某公司資本總額為10000萬元,其中長期借款400萬元,年利豐為8%:普通股0萬元,每股市價為10元,上年發(fā)放現(xiàn)金股利為1元/股,年股利增長率為4%.公司計劃再發(fā)行債券籌資200萬元,年利率為10%,每年付息一次。公司所得稅稅率為25%,不考慮籌資費用。 要求: (1)計算普通股資本成本和籌資前的加權平均資本成本; (2)計算債券資本成本和籌資后的加權平均資本成本: (3)比較籌資前后加權平均資本成本的變化。
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1.長期借款的資本成本是
8%*(1-25%)=6%
2020 10/17 09:55
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暖暖老師 
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2020 10/17 09:56
普通股的資本成本是
1/10*+4%=14%
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暖暖老師 
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2020 10/17 09:57
加權平均資本成本是
(6%*400+600*14%)/1000*100%=10.8%
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暖暖老師 
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2020 10/17 09:57
2.債券籌資資本成本是
10%*(1-25%)*100%=7.5%
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暖暖老師 
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2020 10/17 09:59
籌資后的加權平均資本成本:
(6%*400+600*14%+200*7.5%)/1200*100%=10.25%
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暖暖老師 
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2020 10/17 09:59
3.籌資后平均資本成本降低
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2020 10/17 10:01
某公司只生產一種產品,產銷平衡,銷售單價為100元,單位變動成本為80元,固定成本總額為420 000元。2019年正常的銷售量為35 000 件。
要求: (1) 計算盈虧臨界點的銷售量;
(2)計算安全邊際和安全邊際率;
(3)計算銷售利潤。
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暖暖老師 
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2020 10/17 10:01
不好意思,這個問題不熟悉
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2020 10/17 10:04
某公司年末流動資產余額為270萬元、流動比率為3、速動比率為1.5.如果公司流動資產由速動資產和存貨構成,年初存貨為145萬元。
要求: (1)計算流動負債年末余額;
(2)計算速動資產年末余額;
(3)計算存貨年末余額和年平均余額。
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暖暖老師 
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2020 10/17 10:09
新問題請從新提問
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