Calculate the dividend per share (DPA) that would be paid in the next year (year 1) on ABC stock, based on the following information:
For the next year, sales will be equal to $180,000,000 and will be the result of costs of sales of $90,000,000 as well as other costs of $30,000,000.
The company's fixed assets will involve amortization and depreciation totaling $20,000,000.
The company is subject to a 30% tax rate.
The business will be required to pay a total of $7,500,000 in installments on past loans and will not apply for new loans.
The company will buy new fixed assets and will have new working capital needs (current assets), which will imply a total cost of $25,000,000.
The company's share capital is made up of 10,000,000 ordinary shares.
