Utilize the data in the table below and Stock Valuation Method #3 to calculate the "Total Value of Equity" and the "Value Per Share" for Financenomics Inc. Repurchases Dividends Financenomics Incorporated 2010 2011 2012 2009 2013 $1,450,000 $3,575,000 $4,178,000 $3,125,000 $2,875,000 $3,444,000 $3,873,000 $4,190,000 $4,535,000 $5,225,000 Cost of equity, r 22.5% Number of shares 4,500,000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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A 123.

Subject:- finance 

Utilize the data in the table below
and Stock Valuation Method #3 to
calculate the "Total Value of
Equity" and the "Value Per Share"
for Financenomics Inc.
Repurchases
Dividends
Financenomics Incorporated
2010
Number of
shares
2011
2012
2009
2013
$1,450,000 $3,575,000 $4,178,000 $3,125,000 $2,875,000
$3,444,000 $3,873,000 $4,190,000 $4,535,000 $5,225,000
Cost of equity, r 22.5%
4,500,000
Transcribed Image Text:Utilize the data in the table below and Stock Valuation Method #3 to calculate the "Total Value of Equity" and the "Value Per Share" for Financenomics Inc. Repurchases Dividends Financenomics Incorporated 2010 Number of shares 2011 2012 2009 2013 $1,450,000 $3,575,000 $4,178,000 $3,125,000 $2,875,000 $3,444,000 $3,873,000 $4,190,000 $4,535,000 $5,225,000 Cost of equity, r 22.5% 4,500,000
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