question archive Financial Leverage and Capital Structure Policy - (CPMK 2 dan CPMK 3) - 25 poin Mrs
Subject:FinancePrice:2.87 Bought7
Financial Leverage and Capital Structure Policy - (CPMK 2 dan CPMK 3) - 25 poin Mrs. Vunsan is a shareholder of 2 companies, namely the Black company and the White company. The two companies have the same capital, which is IDR 900,000,000. The following is the information provided by the two companies: 1. Black company has Total Equity of Rp 900,000,000 which has a share price of Rp 1,000 2. White's company has a Total Equity share price of Rp 1,000 with a total of 400,000 shares outstanding 3. Both companies pay 30% tax and the current interest is 9% 4. The two companies also have a dividend distribution policy of 30% Financial Manager Ny. Vunsan calculated that the two companies could generate EBIT of IDR 225,000,000 each.
You are asked to calculate the companies that are most profitable for Mrs. Vunsan based on:
a. EBIT Break Even
b. MM theory proposition I and II