1. | Question : | (TCO C) Blease Inc. has a capital budget of $625‚000‚ and it wants to maintain a target capital structure of 60 percent debt and 40 percent equity. The company forecasts a net income of $475‚000. If it follows the residual dividend policy‚ what is its forecasted dividend payout ratio? (a) 40.61% (b) 42.75% (c) 45.00% (d) 47.37% (e) 49.74% | | | Student Answer: | | (d) 47.37 Equity required (Residual income) = $625‚000*40% = $250‚000 Dividend paid = $475‚000 - $250
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“Two Statuettes of two worshipers”‚ from the Square Temple at Eshnunna (modern Tell Asmar)‚ Iraq‚ ca. 2700 BCE. Ever since the beginning of time man has always had an eye for art. They have always been fascinated by what they see. For the most part art has to this day great meaning. Ranging from a person’s play toy to a sculpture opening people’s eyes to a flash back in time where Gods ruled. The art work I chose “two Statuettes of two worshipers”‚ from the Square Temple at Eshnunna (modern Tell
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This paperwork ACC 455 Week 2 Individual Assignment Problem Set includes solution of these exercises: C: 2-6 C: 2-40 C: 2-45 Business - Accounting Complete the problems found in Ch. 2 of Prentice Hall’s Federal Taxation 2010: Corporations . C:2-3 Black LLC C:2-54 Bear Corporation C:2-55 Wildcat Corporation C:2-56 Tax Strategy for Wildcat Corporation Read the scenario and respond to the questions. Support your answers with calculations‚ as needed
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FINANCE 401 RYERSON UNIVERSITY Final Exam – April 24‚ 2008 - SOLUTION Name:__________________________________ Student #:_______________________________ Professor:_______________________________ - Time allowed: 3 hours - Aids allowed: None except for an 8’1/2” by 11’ double sided cheat sheet and a calculator - The exam is out of 60 marks. - There are 40 multiple choice questions. Each multiple choice question is worth 1 mark. - The remaining non-multiple choice questions are
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A. $1‚000‚000. B. $2‚000‚000. C. $3‚000‚000. D. $4‚000‚000. Projected free cash flow = $180‚000; V0 = 180‚000/(.15 - .06) = $2‚000‚000. 21) The growth in dividends of Music Doctors‚ Inc. is expected to be 8% per year for the next two years‚ followed by a growth rate of 4% per year for three years; after this five-year period‚ the growth in dividends is expected to be 3% per year‚ indefinitely. The required rate of return on Music Doctors‚ Inc. is 11%. Last year’s dividends per share
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Homework (2-6) Statement of Retained Earnings In its most recent financial statements‚ Newhouse Inc. reported $50 million of net income and $810 million of retained earnings. The previous retained earnings were $780 million. How much in dividends was paid to shareholders during the year? Answer: NI = $50‚000‚000; R/EY/E = $810‚000‚000; R/EB/Y = $780‚000‚000; Dividends = ? R/EB/Y + NI – Div = R/EY/E $780‚000‚000 + $50‚000‚000 – Div = $810‚000‚000 $830‚000‚000 – Div = $810
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Course code: FIN-116-GS Course name: Principles of Finance Written Assignment 2 Chapter 9 Assignment problems Ch 9: 3‚ 8‚ 9‚ 11 3. Fill in the blanks (_______) with the correct entries. Assets Liabilities and Stockholder’s Equity Current assets Current liabilities Cash 250‚000 Accounts payable Accounts receivable Notes payable to banks (1‚340‚000 less) Accrued wages _130‚000 Allowance for doubtful accounts Taxes owed 100‚000 Of $20‚000) 1‚320‚000 Total current liabilities
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Chapter 3 Problems 1. Dental Delights has two divisions. Division A has a profit of $200‚000 on sales of $4‚000‚000. Division B is only able to make $30‚000 on sales of $480‚000. Based on the profit margins (returns on sales)‚ which division is superior? 3-1. Solution: Dental Delights Division A Division B [pic] Division B is superior 3. Bass Chemical‚ Inc.‚ is considering expanding into a new product line. Assets to support this expansion
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Harley Paul 04/19/2013 ENGL 060 Essay #4 Adapting to a New Environment Both Wes’s mothers move them out of their neighborhoods in order to provide them with a chance for a future away from crime and drugs. Both Weses try very hard in adapting to their new environment. In the novel The Other Wes Moore by Wes Moore‚ Joy‚ the author Wes’s mother moves him to a better part of the Bronx and puts him into a private school. Mary‚ the other Wes’s mother‚ moves to Baltimore County‚ hoping that the
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Finance 486 Final Exam 1. Income Statement Preparation - 25 points a. Prepare an income statement for Cathy Chen‚ CPA‚ for the year ended December 31‚ 2009 Cathy Chen‚ CPA Income Statement for the Year Ended December 31‚ 2009 | Sales revenue | | $360‚000 | Less: Operating expenses | | | Salaries | 180‚000 | | Employment taxes and benefits | 34‚600 | | Supplies | 10‚400 | | Travel & entertainment | 17‚000 | | Lease payment | 32‚400 | | Depreciation
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