Last​ year, net profits of a company were nine-elevenths of revenue. If the company declared a dividend of ​$14983 and two-seventeenths of the net profit was retained in the​ company, what was last​ year's revenue?

Q: t the end of its third year of operations, the Sandifer Manufacturing Co. had $4,577,000 in…

A: Income statement is the financial statement which is prepared to depict the profitability of the…

Q: Maynard enterprises paid $ 1,384 in dividends and $1,067 in interest over the past year.The common…

A:

Q: Last year the Your Company had sales of $826,650, net operating income of $81,000, and operating…

A: Turnover = Sales / (Average Operating Assets)

Q: In the current year, Aveeno reported net income of $60,480, which was a 12% Increase over prior year…

A: To calculate the prior year's net income, we need to determine the net income increase and apply it…

Q: A company reported that annual revenue increased from $528 million to $5,100 million over 10 years.…

A: To calculate the geometric mean annual percent increase, we can use the formula:

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $1,045…

A: Retained Earnings is the amount of earnings that is accumulated and that is attributable to the…

Q: In its most recent financial statements, Nessler Inc. reported $70 million of net income and $840…

A: The retained earnings at the end period can be found by using the following formula:In the given…

Q: Bryon Inc recently reported $6million of net income. Its EBIT was $13.2 million, and its tax rate…

A: The mathematical equation of the concept used is:

Q: A company's current year net income (after income tax) is 25% larger than that of the preceding…

A: Net Income: Net income is related to accrual accounting approach where all the expenses and receipts…

Q: A recent annual report for Wilmington, Inc. contained the following information: Retained earnings…

A: Number of shares issued at the end of the current year = Common Stock account totaled at the end of…

Q: If a corporation earns $280,000 and the payout ratio (proportion distributed) is 20 percent, what is…

A: Retained earnings represent the portion of a company's earnings that are reinvested back into the…

Q: Total assets

A: The Return on Assets (ROA) is calculated using the formula:ROA = Net Income / Total Assets Given…

Q: Last year a company had sales of $600,000, a turnover of 3.6, and a return on investment of 18%. The…

A: Net operating income can be calculated on the bases of the value of an investment and the rate of…

Q: IF a corporation earns $240,000 and the payout ratio ( proportion distributed) is 20 percent, what…

A: Given: Total earnings = $240000 Payout ratio =20% = 0.20

Q: In its most recent financial statements, Del-Castillo Inc. reported $45 million of net income and…

A: The objective of this question is to calculate the amount of dividends paid by Del-Castillo Inc. to…

Q: A company earned $2.4 billion during 1 year, with 1.03 billion outstanding shares of stock. Find the…

A: Given Earnings =$2.4 billion Outstanding shares of stock =$1.03 billion

Q: Smashed Pumpkins Co. paid $208 in dividends and $631 in interest over the past year. The company…

A: EBIT is the earning before interest and tax. Interest charges and tax expenses are not deducted form…

Q: During the most recent quarter XYZ Corp had $1.6 million in revenues and 970, 800 in expenses. The…

A: Working note:

Q: Please give me correct answer

A: Definition of Asset Turnover Ratio:The asset turnover ratio measures a company's efficiency in using…

Q: Vuong Rentals has sales of $546,000, costs of $295,000, depreciation expense of $37,000, interest…

A: Income before tax = Sales - Costs - Depreciation expenses - Interest expense=…

Q: In its most recent financial statements, Nessler Inc. reported $80 million of net income and $1,440…

A: Given that the net income in the current year is $80 millionRetained earnings in the current year is…

Q: At the end of last year, River Side Company achieved $9 million in revenues (EBITDA). Depreciation…

A: Net income:  It is often defined as the total earnings earned by a business during an accounting…

Q: What was the growth rate in Net Income over the previous 5 year period if the company's profits grew…

A: Period = 5Beginning value = 1.50Ending value = 2.26

Q: Acme Inc.'s total assets at the beginning of the year amount to $500,000,000, and its total assets…

A: To determine Acme Inc.'s net income for the year, we can use the Return on Assets (ROA) formula. The…

Q: IF a corporation earns $240,000 and the payout ratio ( proportion distributed) is 50 percent, what…

A: Given: Total earnings = $2400000 Payout ratio =50% = 0.30

Q: A company’s Book Value is $75 million.  Last year it produced an (after-tax) ROE of 20%.  If its…

A:

Q: Reagan Corp. has reported a net income of $847,700 for the year. The company's share price is $13.19…

A:

Q: ance its operations, has no current liabilities, and recognizes depreciation periodically.…

A: An income statement is a financial statement that reveals how lucrative a company was during a…

Q: Smart Students Inc paid out $22.4 million in total common dividends and reported $144.7 million of…

A: The net income for the year of a company is calculated using the following equation

Q: Last year, Harrington Inc. had sales of $325,000 and a net income of $19,000.  Its year-end assets…

A: Total calculate the return on equity we will use the below formula   ROE = Net income/Equity Where…

Q: In its most recent financial statements, Del-Castillo Inc. reported $35 million of net income and…

A: Dividend: It is the  distribution of profits  to its investors once  profit is earned by a…

Q: company's net income for this year is $56,000 which is a 12% increase from last year. Find last…

A: Given: Current Net Income = $56,000 (%) Increase in Income = 12%

Q: Ten years ago, Kronan Corporation earned $0.50 per share. Its earnings this year were $2.20. What…

A: The objective of the question is to calculate the annual growth rate of earnings per share (EPS) for…

Q: Five years ago, Weed Go Inc. earned $2.80 per share. Its earnings this year were $3-70. What was the…

A: The objective of the question is to calculate the growth rate in earnings per share (EPS) over a…

Q: Last year, McGinley Company had total equity of $600,000, a return on assets of 10%, and a return on…

A: Return on equity=Net IncomeShareholder's equity0.15=NI6,00,000Net Income=$90,000

Q: At the end of its third year of​ operations, the Sandifer Manufacturing Co. had $4,559,000 in​…

A: Given: Revenues = $4,559,000 Cost of Goods Sold = $3,555,000 Operating Expenses = $458,000 Tax Rate…

Q: Electronic world inc paid out $24 million in total common dividends and reported $255.6 million of…

A: Net Income of a company is derived after deducting all the cost or expenses of the company along…