Regarding to Capital Structure, calculate the following measures for three years of FLIGHT CENTRE AUSTRALIA

1. Capital structure (i.e., the percentage of debt and percentage of equity)

2. Cost of common equity and (if any) preferred equity

3. Sources of debt (i.e., bank loans and/or bonds)

4. Before-tax and after-tax cost of debt

5. Weighted average cost of capital.

Regardind to Flight Centre Australia dividend policy provide answers to the following:

1. Report the dividend payments over the last three years

2. Calculate the dividend payout and dividend yield

3. Identify a dividend payout policy that the company follows

4. Comment whether the dividend payment of the company is providing a signal to themarket

5. Evaluate the dividend policy of this company in terms of the industry practice