Use proportions to solve the following problem. Last year, net profits of a company were three-thirteenths of revenue. If the company declared a dividend of $17,530 and four-seventeenths of the net profit was retained in the company, what was last year's revenue?

Q: Fab Corp had net income of $5.42/share last year, and it paid $2.04/share in dividends last year. A)…

A: The dividend payout ratio and retention ratio are two financial ratios that companies use to…

Q: Deprey, Incorporated, had equity of $170,000 at the beginning of the year. At the end of the year,…

A: When the average value of equity is measured, and the net income is divided by it, the resulting…

Q: (DuPont analysis) Bryley, Inc. earned a net profit margin of 4.5 percent last year and had an equity…

A: The return on equity can be calculated as per the Dupont equation:Return on Equity = Net profit…

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: Maynard Enterprises paid $1,524 in dividends and $1,312 in interest over the past year. The common…

A: Net income, also known as net profit, is the amount of revenue that remains after deducting all…

Q: If Brown Company’s total assets increased by $28,000 during the year, and its total liabilities…

A: The Accounting equation is as under:Assets (Total) =  Liabilities + Stockholder's equityWhen…

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: (Profitability analysis) Last year Triangular Resources earned $4.6 million in net operating income…

A: Here,Net Operating Income is $4.6 millionOperating Profit Margin is 19.7%Total Asset Turnover Ratio…

Q: Ans..

A: Givensales = 14,000,000total assets = 12,000,000total debt = 6,700,000profit margin = 7%   A) Profit…

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 company has dividend yield of 27%, and asset turnover of 1.8 times per year. If the return on…

A: Option a: This option is correct. Step 1:We have to calculate the profit margin. The formula for…

Q: If JoBlo Inc., has a retained earnings opening balance of $50,000 at the beginning of the year, and…

A: Formula: Ending retained earnings balance = Beginning retained earnings balance + Net income -…

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: ost recent fiscal year, the Hammock Company's total equity was $450 and net income was equal to $97.…

A: Sustainable growth rate is which can be obtained without any external funding required and can…

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: Jones Company had net income of $10,000 for the year. Beginning total assets were $150,000 and…

A: Lets understand the basics. Return on asset is a ratio which indicates that how much profitability…

Q: KJ Inc. just reported a net income of 800 in its most recent year, and paid a dividend of 260. the…

A: Retained earnings, REt = REt - 1 + NIt - Dt where REt, NIt, Dt refer to retained earning, net income…

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: Consider a comparative Income Statement for a particular company, results are being presented for…

A: Comparative financial statement means where the difference is taken between the figure of two years…

Q: A firm has reported the following revenues. Forecast the firm's year 4 revenue using the average…

A: Average annual growth rate= ((Year 3 revenue - Year 1 revenue)/Year 1 revenue)/3=…

Q: What is the net income for the year?

A: Net income = Amount paid in dividends + (Decrease in retained earnings)

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

A: Working note:

Q: KJ Inc. just reported a net income of 630 in its most recent year and paid a dividend of 390. If the…

A: Ending Balance of Retained Earnings = Beginning Balance + Net Income - Dividend

Q: Please give me correct answer

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

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: Deprey, Incorporated, had equity of $145,000 at the beginning of the year. At the end of the year,…

A: When the average value of equity is measured, and the net income is divided by it, the resulting…

Q: Company A paid out $42,140 of common dividends during the year. It ended the year with $284,000 of…

A: Total Dividends  = $42,140Ending retained earnings= $284,000 Beginning retained earnings =  $220,000

Q: Akerley Hospitality reports a net income of $23,000 for the year. At the beginning of the year,…

A: Average assets=Beginning assets+Closing assets2=$134,000+$328,0002=$231,000

Q: Need help

A: Step 1:Return on assets is calculated to know that how efficiently the company is using its assets…

Q: A firm had a retained earnings balance of $3 million in the previousyear. In the current year, its…

A: Retained earnings are the accumulated earnings which are retained by the company to use for…

Q: year, the company reported $620 in net income, and in that next year it paid out a dividend of $200.…

A: As per available information from question  Opening balance of retained earning    $1,250 + net…

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: Provide the Correct answer of this Question

A: Net Income= Sales * Profit MarginNet Income = 20*12.95%Net Income = $2.59 Million Assets = Net…

Q: Swiss Group reports net income of $35,000 for the year. At the beginning of the year, Swiss Group…

A: Ratios are helpful in measuring the performance of the business entity. Return on assets indicates…