Crimson Technologies had $3,200,000 in sales for the 2023 year. The company earned 7% on each dollar of sales. The company turned over its assets 3.5 times in 2023. The firm had a debt ratio of 40% during the year. What was the return on stockholders' equity for 2023?
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Crimson Technologies had $3,200,000 in sales for the 2023 year. The company earned 7% on each dollar of sales. The company turned over its assets 3.5 times in 2023. The firm had a debt ratio of 40% during the year. What was the return on stockholders' equity for 2023?
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- What is the expected dividend next year of this financial accounting question?genaralaccountingThe Bouchard Company's EPS was $5.40 in 2021, up from $3.26 in 2016. The company pays out 50% of its earnings as dividends, and its common stock sells for $33.00. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.) Round your answer to two decimal places. % The last dividend was D0 = 0.50($5.40) = $2.70. Calculate the next expected dividend, D1, assuming that the past growth rate continues. Do not round intermediate calculations. Round your answer to the nearest cent. $ What is Bouchard's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. % Kahn Inc. has a target capital structure of 55% common equity and 45% debt to fund its $10 billion in operating assets. Furthermore, Kahn Inc. has a WACC of 12%, a before-tax cost of debt of 12%, and a tax rate of 25%. The company's retained earnings are adequate to provide the common equity portion of its capital budget.…
- Financial AccountingA firm has the following accounts and financial data for 2020: Sales = 30000 Cost of goods sold = 3000 Accounts payable = 500 Accounts receivables = 100 Number of shares of Common stocks = 1000 Preferred stock dividends = 95 operating expenses = 700 Interest expense=200 Tax rate = 25% Current liability = 1000 PRICE IS 7 What is the firm's earnings available to common shareholders for 2020? WHAT IS THE P/E RATIO? WHAT IS THE EPSThe Bouchard Company’s EPS was $6.50 in 2018, up from$4.42 in 2013. The company pays out 40% of its earnings as dividends, and its commonstock sells for $36.00.a. Calculate the past growth rate in earnings. (Hint: This is a 5-year growth period.)b. The last dividend was D0 = 0.4($6.50) = $2.60. Calculate the next expected dividend,D1, assuming that the past growth rate continues.c. What is Bouchard’s cost of retained earnings, rs?
