Elven Enterprises just paid a dividend of $2.10 per share. The company has a dividend payout ratio of 70%. If the P/E ratio is 18.2 times, what is the stock price?
Q: get correct answer accounting
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is calculated…
Q: ????
A: Step 1: Given value for Calculation Assets = $700,000 Equity = e = Assets = $700,000 (since project…
Q: Thompson Company has a standard of 3.1 pounds of materials per unit, at $15.10 per pound. In…
A: Approach to solving the question: Step 1: We need to get the actual and standard cost for the unit…
Q: General Accounting
A: Step 1: Calculation of total preferred dividendTotal preferred dividend = Number of shares of…
Q: Don't use ai
A: Step 1: Product cost Under absorption costing, the Unit product cost is computed as follows:Unit…
Q: The primary purpose for carrying on cost Accounting activities is: A. To set asset values. B. To…
A: The correct answer is:C. To plan operation. Explanation:The primary purpose of cost accounting is…
Q: What is the stock price on these financial accounting question?
A: To find the stock price, we can use the following formula: Stock Price = P/E Ratio × Earnings per…
Q: What is the return on equity on these financial accounting question?
A: Step 1: Define Return on Equity (ROE)Return on Equity (ROE) measures a company's profitability in…
Q: How much was the firm's net income after taxes?
A: To determine the firm's net income after taxes, we'll calculate step by step:**1. Calculate…
Q: Please given correct answer general accounting
A: Step 1: Definition of Variable CostingVariable Costing is a costing method in managerial accounting…
Q: The firm's current ration and acid- test ratio??
A: Step 1: Current ratio Current ratio = Current assets/Current liabilitiesCurrent ratio = (Cash on…
Q: Opening and closing inventories
A: Step 1: Analysis of information givenDirect labor cost = $233,000Manufacturing overhead cost =…
Q: Want. general account solution.
A: Correct Answer: a. management. Explanation:While different departments contribute to the development…
Q: Cost Account
A: Correct Answer: D. A product cost Explanation:A cost incurred as part of the production process is…
Q: Financial Account
A: To calculate the total production costs, include the costs directly associated with producing the…
Q: Need answer the general accounting
A: Step 1: Define Overhead ApplicationOverhead application is the process of allocating overhead costs…
Q: Financial Accounting Problem: The manufacturing costs of Carrefour Enterprises for three months of…
A: The high-low method uses the highest and lowest levels of activity to estimate the variable cost per…
Q: Financial Accounting
A: Step 1: Define Accrual Errors and Net Income ImpactAccrual errors occur when expenses or liabilities…
Q: The Price Co. can make widgets for $5 and sell them for $8. If fixed costs are $100,000, then how…
A: To calculate the number of widgets that must be sold to achieve an **EBIT (Earnings Before Interest…
Q: Lark would estimate fixed costs as .....? General accounting
A: Step 1: Definition of High-Low MethodThe High-Low Method is used to separate fixed and variable…
Q: Provide answer please
A: Step 1: Calculate Return on Assets (ROA)ROA is calculated as Profit Margin * Total Asset Turnover.…
Q: Financial accounting MCQ
A: To calculate the cash flow cycle (or cash conversion cycle), you can use the following formula:Cash…
Q: This term is synonymous with the phrase "what a product should cost"? A. Standard cost B. Variable…
A: Option A is correct. The standard cost is how much a product should cost to manufacture. It is the…
Q: Financial Accounting Question
A: Step 1: Define Profitability Index (PI)The Profitability Index (PI) is a financial metric used to…
Q: During FY 2016 Bravo Manufacturing had total manufacturing costs are $520,000. Their cost of goods…
A: To determine the beginning Work-in-Process Inventory for FY 2016, we use the following formula for…
Q: Need help with this accounting question
A: Step 1: Formula DOL = % Change in operating income/% Change in Sales% Change in operating income =…
Q: What is the setup cost per unit of pdodut A under costing system?
A: The problem stated that an ABC system would trace costs by spreading the costs per batch over the…
Q: Financial Accounting
A: Step 1: Define Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) measures the…
Q: Financial Accounting
A: Step 1: Determine the original cost of the equipmentStep 2: Subtract the accumulated…
Q: I want to this question answer general Accounting
A: Step 1: Define Dividend PayoutThe dividend payout ratio shows how much of the profit is distributed…
Q: None
A: The question requires the determination of the profit per share and the payout ratio. Profit per…
Q: During the month of March, Neji Company used $32,800 of direct materials and incurred $46,100 of…
A: Explanation of Beginning Work in Process (WIP):Beginning Work in Process (WIP) refers to the value…
Q: Compute the following requirements on these general accounting question
A: 1. Net SalesTo calculate net sales, we need to start with gross sales and subtract sales returns,…
Q: Please solve this question
A: Calculation of Underfunded Project Benefit Obligation at the end of 2010Underfunded Project Benefit…
Q: Answer please
A: Step 1:a. The total manufacturing cost assigned to Job 313 is calculated as follows: Total…
Q: Eagle Company had a $26,000 beginning inventory and a $29, 000 ending inventory. Net sales were…
A:
Q: Describe the general duties of Zambian tax offices
A: The primary duty of the Zambian tax offices, under the Zambia Revenue Authority (ZRA), is to collect…
Q: Ans please
A: Step 1: Definition of Gross Profit and Gross Profit RatioGross Profit is the difference between net…
Q: Plug Products owns 80 percent of the stock of Spark Filter Company, which it acquired at underlying…
A: Step 1: Calculate Spark Filter's Net IncomeFrom the trial balance:Spark Filter's sales =…
Q: Platz Company makes chairs and planned to sell 3, 200 chairs in its master budget for the coming…
A: To calculate the volume variance for sales revenue, we use the formula: Volume Variance (Sales…
Q: Provide correct answer general Accounting question
A: Step 1: Define BondA bond is a financial instrument that offers fixed returns to investors. There…
Q: Solve all of the following problems: The Smith company has $2,392,500 in current assets and…
A: Problem 1: Current Ratio for Smith CompanyThe current ratio is defined as:Current Ratio =Current…
Q: What is the book value of equipment?
A: Explanation of Original Cost: This represents the initial purchase price or acquisition cost of the…
Q: Ans please
A: Step 1: Definition of LiabilitiesLiabilities are the obligations a company owes to others, typically…
Q: None
A: The delivery cycle time, also called lead time, is the total time that elapses from placing the…
Q: What is hanks realized gain or loss on the sale ?
A: To calculate Hank's realized gain or loss on the sale, follow these steps: Determine the adjusted…
Q: Calculate cost of goods sold?
A: Explanation of Direct Materials Used: Direct materials used represents the actual raw materials that…
Q: General Accounting Question Financial Accounting Solutions
A: Question: Cash Balance Calculation• Step 1: Identify cash generated from operating activities• Step…
Q: [26] Quality costs exclude? (A) Marketing costs (B) Appraisal costs (C) Prevention costs (D) Failure…
A: Concept of Quality CostsQuality costs refer to the total cost associated with preventing, detecting,…
Q: Abc
A: To calculate Jorge's gain or loss on the machine:1. Determine the adjusted basis of the…
Financial Accounting
Step by step
Solved in 2 steps
- The Evanec Company's next expected dividend, D1, is $2.69; its growth rate is 7%; and its common stock now sells for $35.00. New stock (external equity) can be sold to net $31.50 per share. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs = % What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re = %Kindly help me with accounting questionsSuppose a firm pays total dividends of $696,000 out of net income of $2.4 million. What would the firm’s payout ratio be?
- ROE Needham Pharmaceuticals has a profit margin of 3.5% and an equity multiplier of 1.5. Its sales are $100 million and it has total assets of $60 million. What is its Return on Equity (ROE)? Round your answer to two decimal places.Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 1.8. Its sales are $140 million and it has total assets of $60 million. What is its return on equity (ROE)? Do not round intermediate calculations. Round your answer to two decimal places.John wick Company has total assets of $162,000. It has a profit margin of 6.5 percent on sales of $230,000. If the equity multiplier is 2.5, what is its ROE? Answer this question
- Suppose a firm pays total dividends of $456,000 out of net income of $1.9 million. What would the firm’s payout ratio be? (Round your answer to 2 decimal places.)John wick Company has total assets of $162,000. It has a profit margin of 6.5 percent on sales of $230,000. If the equity multiplier is 2.5, what is its ROE?A firm has a profit margin of 5.5% and an equity multiplier of 3.0. Its sales are $140 million, and it has total assets of $84 million. What is its ROE? Do not round intermediate calculations. Round your answer to two decimal places.
- What is the firm's ROA ?What is John wick companies ROE?The Evanec Company's next expected dividend, D1, is $2.94; its growth rate is 6%; and its common stock now sells for $40.00. New stock (external equity) can be sold to net $34.00 per share. a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs= % b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re= %