no external financing is selling for 50. eps is 7.5 of which 60 percent is paid in dividends. the company reinvested reta
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A: Solution:- Dividend Pay-out ratio:- Dividend pay-out measures the percentage of net income that is…
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A: As per available information from question Opening balance of retained earning $1,250 + net…
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A:
an ordinary of a company which engages no external financing is selling for 50. eps is 7.5 of which 60 percent is paid in dividends. the company reinvested
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- the income statement for Stretch-Tape Corporation reports net sales of $439,900 and net income of $54,780. Average total assets for the year are $830,000. Stockholders’ equity at the beginning of the year was $530,000, and $23,000 was paid to stockholders as dividends during the year. There were no other stockholders’ equity transactions that occurred during the year.Required:Calculate the return on assets, profit margin, asset turnover, and return on equity ratios. (Round your answers to 1 decimal place.) Profitability Ratios Return on assets 6.6 % Profit margin 12.5 % Asset turnover times Return on equity %Bolton Corporation had additions to retained earnings for the year just ended of $629,000. The firm paid out $110,000 in cash dividends, and it has ending total equity of $7.24 million. a. If the company currently has 610,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. If the stock currently sells for $29.40 per share, what is the market-to-book ratio? The price-earnings ratio? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. If total sales were $10.54 million, what is the price-sales ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Earnings per share Dividends per share Book value per share b. Market-to-book ratio Price-earnings ratio c. Price-sales ratio times times times 41. 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…
- Nakamura, Incorporated, has a total debt ratio of .57, total debt of $317,000, and net income of $38,750. What is the company’s return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.The most recent financial statements for Bello Company are shown here: Balance Sheet $ 4,700 Current assets $ 4,996 Debt 3,102 Fixed assets 12,230 Equity Taxable $ $1,598 Total Total income 17,226 Taxes (22%) 352 Net Income $1,246 Income Statement Sales Costs Tran 5.07% Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 32 percent dividend payout ratio. What is the internal growth rate? 5.27% 13.26% 5.17% $ 9,988 7,238 2.37% $ 17,226Griffins 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
- Fisafolia Corporation has gross income from operations of $426,600 and operating expenses of $362,610 for 2020. The corporation also has $42,660 in dividends from publicly-traded domestic corporations in which the ownership percentage was 45 percent. Below is the Dividends Received Deduction table to use for this problem. Percent Ownership 2020 DividendsReceived Percentage Less than 20 percent 50% 20 percent or more, but less than 80 percent 65% 80 percent or more 100% Assume that instead of $426,600, Fisafolia Corporation has gross income from operations of $350,000. Calculate the corporation's dividends received deduction for 2020.1. During 2021, Target Corporation had: Revenue of $623,000 Cost of Goods Sold of $250,000 Operating expenses of $68,000 Interest expense of $4,000 Depreciation Expense of $13,000 During the year Target Corporation paid: 50% of net income in dividends 21% in corporate taxes a. Prepare a multi-step income statement on Sheet 1 of your spreadsheet. Include the dividend and additions to Retained Earnings below the income statement. b. Calculate Target's Operating Cash Flow beneath the Income Statement. 2. The following data refers to the 2021 year-end account balances for Target. However, the Retained Earnings balance is as of 12/31/2020. The accounts are listed in alphabetical order. $ Accounts Payable 25,000 Accounts Receivable 16,000 Accumulated Depreciation 175,000 Cash 44,000 Common Stock 120,000 Fixed Assets (gross) 390,000…Debt outstanding in Company Z is $850,000 at 7.5%. Annual sales of the Company are $5,500,000. Net profit margin on sales is 6.5%. Company pays tax at 35%. TIE ratio of Company is: a) 9.63 b) 8.63 c) 1.54 d) 2.63
- ABC Company had addition to retained earnings for the current fiscal year just ended of $395,000. The firm paid out $195,000 in cash dividend, and it has ending total equity of $5.3 million. The company currently has 170,000 shares of common stock outstanding. Please answer the following questions: What are earnings per share (E/PS)? Dividends per share? Book value of share? If the stock currently sells for $64 per share, what is the market-to-book ratio? The price to earnings ratio (P/E)? The company had sales of $5.15 million, what is the price to sales ratio (P/S)? Finally, explain the implication of P/E ratio for different types of investors.Chikage Inc's latest net income was $1,400,000, and it had 210,000 shares outstanding. The company wants to pay out 40.0% of its net income as dividends. What dividend per share should it declare? Do not round your intermediate calculations.Borland, Inc., has a profit margin of 6.5 percent on sales of $22,600,000. Assume the firm has debt of $8,700,000 and total assets of $15,300,000. What is the firm's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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