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Use the table for the question(s) below.
Consider the following income statement for Kroger Inc. (all figures in $ Millions):
-Calculate the interest tax shield,the total amount available to payout to all the investors,and the income that would be available to equity holders if Kroger was not levered all for the year 2004.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
Annual Dividend
The total amount of dividend payments declared by a company in one year, distributed to shareholders from its earnings.
Stock Price
The cost of purchasing a share of a company on the stock market.
Red Herring
A preliminary prospectus filed by a company with details about its operations and financials, intended to gauge investor interest before a final prospectus is issued.
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