M&M Pizza
I would like to answer the question as a report
and make an excel
1. How do the financial statements for M&M Pizza vary with the proposed repurchase plan? Do the alternative policies improve the expected dividends per share?
2. What impact does the repurchase plan have on M&M’s weightedaverage cost of capital?
3. What are the debt and equity claims worth under the alternative scenarios?
4. Which proposal is best for investors? What do you recommend that Miller do?
5. How would your analysis in questions 2 and 3 and recommendation in question 4 change if the new tax law is implemented?