Yehti Manufacturing (A). Dual classes of common stock are common in a number of countries...
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Yehti Manufacturing (A). Dual classes of common stock are common in a number of countries Assume that Yehti Manufacturing has the following capital structure at book value. The A-shares have ten votes per share and the B-shares have one vote per share. (Click on the icon to import the table into a spreadsheet) Yehti Manufacturing Long-term debt Retained earnings Paid-in common stock 16 million A-shares Paid-in common stock 4.1 million B-shares Total long-term capital Local Currency (millions) 205 304 160 410 1,079 a. What proportion of the total long-term capital has been raised by A-shares? b. What proportion of voting rights is represented by A-shares? c. What proportion of the dividends should the A-shares receive? a. What proportion of the total long-term capital has been raised by A-shares? The proportion of the total long-term capital that has been raised by A-shares is %. (Round to two decimal places.) b. What proportion of voting rights is represented by A-shares? The proportion of voting rights represented by A-shares is %. (Round to two decimal places.) c. What proportion of the dividends should the A-shares receive? The proportion of the dividends that A-shares should receive is %. (Round to two decimal places.)
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