If a firm has no Preference share capital, Financial Break even level is defined as equal to -

Related MCQs

• Lei-Feng, Inc.'s $100 par value preferred stock just paid its $10 per share annual dividend. The preferred stock has a current market price of $96 a share. The firm's marginal tax rate (combined federal and state) is 40 percent, and the firm plans to maintain its current capital structure relationship into the future. The component cost of preferred stock to Lei-Feng, Inc. would be closest to .
• Cost of irredeemable preferences share capital is equal to kp=preference dividend divided by
• Financial Break-even level of EBIT is one at which:
• Financial break-even level of EBIT is:
• Financial break-even point is that level of EBIT at which ………….
• Use of Preference Share Capital in Capital structure
• Cost of Redeemable Preference Share Capital is:
• The use of long term fixed interest bearing debt and preference share capital along with equity shares is called
• When preference shareholders have a right to convert their preference shares in to equity shares after a pre-decided dare such shares are called -------- shares.
• A firm is said to be financially unlevered firm if the firm has ……….