Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets? * Choose Dividend = 80,000 ; Average Assets = 400,000 %3D Dividend = 60,000 ; Average Assets = 334,000 %3D Dividend = 13,200 ; Average Assets = 440,000 %3D %3D Dividend = 13,000 ; Average Assets = 340,00... %3D %3D

Boe Company has owners' equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets? * Choose Dividend = 80,000 ; Average Assets = 400,000 %3D Dividend = 60,000 ; Average Assets = 334,000 %3D Dividend = 13,200 ; Average Assets = 440,000 %3D %3D Dividend = 13,000 ; Average Assets = 340,00... %3D %3D

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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1. Flubber Products has current assets of $60,000 and total assets of $340,000. The firm’s sales are $700,000. Flubber’s interest expense is $25,000. All assets are classified as being either current assets or fixed assets. Flubber’s fixed asset turnover is 2. Milton Data Service just paid a dividend of $4.00 per share on its common stock. The dividend is expected to grow at 4% per year forever. Milton has net working capital of $500 million. Currently, the risk-free rate is 5%, the required market return is 10%, and Milton has a beta of 1.4. a. What should be the current market price per share (i.e., the intrinsic value) of Milton stock? b. If the actual market price per share is $56, is Milton undervalued or overvalued? How much is the stock mispriced? 3. I’m Eating Restaurants is expected to pay a dividend of $5.00 per share on its common stock in one year. The dividend is expected to grow at 4% per year forever. Investors require a 12% rate of return on stocks with I’m Eating’s…
A firm has net income of $21,350, depreciation of $2,780, interest of $640, and taxes of $10,990. The EBITDA multiple is 10.2. What is the value of the firm?
Griffins Goat Farm, Inc., has sales of $670,000, costs of $332,000, depreciation expense of $76,000, interest expense of $48,000, a tax rate of 23 percent, and paid out $45,000 in cash dividends. The firm has 27,800 shares of common stock outstanding. a. What are the earnings per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share b. Dividends per share
If a company has $610 million in assets and $440 million in liabilities w/ stockholders equity of $170 million, how to find the following: Resources the company has available to work with? How much money does the company owe creditors? How much of the companies assets do the stockholders actually own?
3. JFINEX Corporation has a retained earnings of 2,100,000. The company reported an EBIT of 540,000 and net income of 300,000. The company declared a total dividend of 30,000. What is the dividend payout ratio? A) 10% B) 1.40% C) 5.60% D) 50%
Colorado Company has equity of $4,000,000 and a net income of $150,000. It has a payout ratio of 25% and a return on assets of 12%. How much did Colorado pay in cash dividends, and what were its average assets?
Boe Company has owners’ equity of P400,000 and net income of P66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its average assets?
Bunny Hip and Hop Brewery has $1,710,000 in assets and $661,000 of debt. It reports net income of $102,000 a. What is its ROA? (Do not round intermediate calculations, Round the final answer to 2 decimal places.) Return on assets b. What is the return on shareholders' equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Return on equity c. If the firm has an asset turnover ratio of 18 times, what is the profit margin? (Round the final answer to 2 decimal places) Profit margin
Ivanhoe, Inc., has net income of $14,964,000 on net sales of $348,000,000. The company has total assets of $120,000,000 and stockholders' equity of $60,000,000. Use the extended DuPont identity to find the return on assets and return on equity for the firm. (Round answers to 2 decimal places, e.g. 12.25 or 12.25%.) Profit margin Total assets turnover Return on assets Return on equity % times % %
Zam Corp has a book value of equity of $17,010. Long-term debt is $8,400. Net working capital, other than cash is $2,150. Fixed assets are $22,430 and current liabilities are $2,260. How much cash does the company have? What are current assets?
ABC Companys Capital at the beginning is OMR 80,000; retained earnings is OMR 4,000; Net profit is OMR 10,000; Dividend is OMR 6,000 and drawings is OMR 3,000, how much will be the total Owners Equity? O a. OMR 77,000 O b. OMR 61,000 O C. OMR 59,000 O d. OMR 85,000

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