Homework Answers
Earnings = $25,000,000
Reinvested 12% of earnings = $25,000,000 * 12% = $3,000,000
Dividends paid = $25,000,000 - $3,000,000
Dividends paid = $22,000,000
Dividends paid = $22 million
Add Answer to:
Intro Sugar Inc. had earnings of $25 milllion in the last 12 months and reinvested 12%...
Towing Inc. had earnings of $39 million in the last 12 months and reinvested 77% of...
Towing Inc. had earnings of $39 million in the last 12 months and reinvested 77% of that. 1) How much did the company pay out in dividends (in $ million)?
Intro Bubble Tree Inc. had a taxable income of $380,000 last year. Its average tax rate...
Intro Bubble Tree Inc. had a taxable income of $380,000 last year. Its average tax rate is 27% and it paid out $120,000 in dividends to preferred stockholders. The company has 16,000 shares of common stock outstanding. Part 1 IS Attempt 1/10 for 10 pts. What were Bubble Tree's earnings per share of common stock (EPS)? 1+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. If Bubble Tree pays out a dividend of $7.87 for each share of...
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid...
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $51 million in dividends, while the addition to retained earnings increased equity by 80%. The average tax rate was 34% and the average interest rate on the company's debt was 6.7%. The payout ratio was 30%. Part 1 What was the profit margin? E Attempt 1/10 for 12 pts. 3+ decimals Submit Attempt 1/10 for...
Intro NiteLate Inc. had revenue of $164,000 last year, costs of $98,400 and depreciation of $24,600....
Intro NiteLate Inc. had revenue of $164,000 last year, costs of $98,400 and depreciation of $24,600. The company paid 6.1% interest on its debt, and its average tax rate is 0.25. NiteLate paid out $16,400 in dividends, and wants to maintain the same dividend payout ratio in the future. At the beginning of the year, the company had a book value of debt of $48,000 and a book value of equity of $40,000. Over the course of the year, no...
Intro Long Gone Corp. had total operating expenses of $84 million last year, including depreciation, and...
Intro Long Gone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $54 million in dividends, while the addition to retained earnings increased equity by 50%. The average tax rate was 34% and the average interest rate on the company's debt was 6.5%. The payout ratio was 20%. IB Attempt 1/10 for 10 pts. Part 3 What was the equity multiplier? k+ decimals Submit
Intro Pro Build Inc. has had a net income of $16 million in its most recent...
Intro Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3% per year. The firm always pays out 30% of net income as dividends and has 5 million shares of common stock outstanding. The required return is 8%. Attempt 1/1 for 10 pts. Part 1 What is the current stock price? 11+ decimals Submit DA amilala BOND MacBook Pro
Problem 25 >> Intro You're about to buy a new car for $10,000. The dealer offers...
Problem 25 >> Intro You're about to buy a new car for $10,000. The dealer offers you a one-year loan where you pay $877 3 every month for the next 12 months. Since you pay $8773 12 = $10.528 in total, the dealer claims that the loan's annual interest rate is (10,528-10.000710,000 = 5.28% Part 1 18 Attempt 9/10 for 10 pts. What is the actual effective annual rate? 3+ decimals Submit IB Attempt 7/10 for 10 pts Part 2...
Problem 7 Intro You find the following quotation for a stock (ttm = trailing twelve months):...
Problem 7 Intro You find the following quotation for a stock (ttm = trailing twelve months): Stock (ticker) AAPL PE High Low Volume Div Yld% Last Change (ttm) (ttm) (ttm) (100) 2.92 1.56 18.17 205.54 175.28 32,573 191.61 3.22 The company has 4,929 million shares outstanding. Part 1 Attempt 1/10 for 10 pts. What is the company's market capitalization (in $ million)? No decimals Submit
Intro The futures price per troy ounce of gold delivered in 3 months is as follows:...
Intro The futures price per troy ounce of gold delivered in 3 months is as follows: Day Futures price 1,239 1 1,243 1,235 2 1,231 Each contract is for 100 troy ounces. Attempt 2/10 for 10 pts Part 4 If the initial margin requirement is 30%, how much money do you have to put into your brokerage account? No decimals Submit Attempt 4/10 for 10 pts. Part 5 What is the balance in your margin account at the end of...
Problem 11 Intro Your company's most recent income statement and balance sheet are given below: Income...
Problem 11 Intro Your company's most recent income statement and balance sheet are given below: Income statement ($ million) Sales 25 Costs 20 Net income 5 Balance sheet ($ million) Current assets 10.8 Fixed assets 43.2 Total assets 54 Debt 16.2 Equity 37.8 Total 54 Sales, assets and costs are expected to grow by the same rate next year. The company is expected to pay NO dividends next year. Part 1 IB Attempt 1/10 for 10 pts. What is the...
Intro Bubble Tree Inc. had a taxable income of $380,000 last year. Its average tax rate is 27% and it paid out $120,000 in dividends to preferred stockholders. The company has 16,000 shares of common stock outstanding. Part 1 IS Attempt 1/10 for 10 pts. What were Bubble Tree's earnings per share of common stock (EPS)? 1+ decimals Submit Part 2 - Attempt 1/10 for 10 pts. If Bubble Tree pays out a dividend of $7.87 for each share of...
Intro LongGone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $51 million in dividends, while the addition to retained earnings increased equity by 80%. The average tax rate was 34% and the average interest rate on the company's debt was 6.7%. The payout ratio was 30%. Part 1 What was the profit margin? E Attempt 1/10 for 12 pts. 3+ decimals Submit Attempt 1/10 for...
Intro NiteLate Inc. had revenue of $164,000 last year, costs of $98,400 and depreciation of $24,600. The company paid 6.1% interest on its debt, and its average tax rate is 0.25. NiteLate paid out $16,400 in dividends, and wants to maintain the same dividend payout ratio in the future. At the beginning of the year, the company had a book value of debt of $48,000 and a book value of equity of $40,000. Over the course of the year, no...
Intro Long Gone Corp. had total operating expenses of $84 million last year, including depreciation, and paid $5.2 million in interest. The company also paid out $54 million in dividends, while the addition to retained earnings increased equity by 50%. The average tax rate was 34% and the average interest rate on the company's debt was 6.5%. The payout ratio was 20%. IB Attempt 1/10 for 10 pts. Part 3 What was the equity multiplier? k+ decimals Submit
Intro Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3% per year. The firm always pays out 30% of net income as dividends and has 5 million shares of common stock outstanding. The required return is 8%. Attempt 1/1 for 10 pts. Part 1 What is the current stock price? 11+ decimals Submit DA amilala BOND MacBook Pro
Problem 25 >> Intro You're about to buy a new car for $10,000. The dealer offers you a one-year loan where you pay $877 3 every month for the next 12 months. Since you pay $8773 12 = $10.528 in total, the dealer claims that the loan's annual interest rate is (10,528-10.000710,000 = 5.28% Part 1 18 Attempt 9/10 for 10 pts. What is the actual effective annual rate? 3+ decimals Submit IB Attempt 7/10 for 10 pts Part 2...
Problem 7 Intro You find the following quotation for a stock (ttm = trailing twelve months): Stock (ticker) AAPL PE High Low Volume Div Yld% Last Change (ttm) (ttm) (ttm) (100) 2.92 1.56 18.17 205.54 175.28 32,573 191.61 3.22 The company has 4,929 million shares outstanding. Part 1 Attempt 1/10 for 10 pts. What is the company's market capitalization (in $ million)? No decimals Submit
Intro The futures price per troy ounce of gold delivered in 3 months is as follows: Day Futures price 1,239 1 1,243 1,235 2 1,231 Each contract is for 100 troy ounces. Attempt 2/10 for 10 pts Part 4 If the initial margin requirement is 30%, how much money do you have to put into your brokerage account? No decimals Submit Attempt 4/10 for 10 pts. Part 5 What is the balance in your margin account at the end of...
Problem 11 Intro Your company's most recent income statement and balance sheet are given below: Income statement ($ million) Sales 25 Costs 20 Net income 5 Balance sheet ($ million) Current assets 10.8 Fixed assets 43.2 Total assets 54 Debt 16.2 Equity 37.8 Total 54 Sales, assets and costs are expected to grow by the same rate next year. The company is expected to pay NO dividends next year. Part 1 IB Attempt 1/10 for 10 pts. What is the...
Most questions answered within 3 hours.
-
AVX Home Entertainment, Inc., recently began a “no-hassles”
return policy. A sample of 505 customers who...
asked 56 seconds from now -
in
a certain experiment 5.280 g of hydrochloric acid (HCl) reacts with
excess calcium carbonate (CaCO3)....
asked 8 minutes ago -
You see a game at a local fair. You have to throw a dart at a...
asked 6 minutes ago -
Cadmium is a metal that is soft and bluish-white in color.
Cadmium was used for a...
asked 8 minutes ago -
Suppose that a competitive firm’s MC = 3 + 2q, AVC = 3 + q, and...
asked 13 minutes ago -
When I invoke the forward or backward method the current_number
isnt being changed. Not sure if...
asked 13 minutes ago -
At the Pinelands University Medical Center, clinics trials were
performed with a medical treatment intended to...
asked 27 minutes ago -
Question 1.
XOR
Challenge 1: The key is a single digit
Decrypt the cipher =
snw{fzs...
asked 33 minutes ago -
Propose the importance of the financial account (from the BOP)
to economic indicators.?
asked 29 minutes ago -
Please submit the following files for this
assignment:
**************************Animal.h, Animal.cpp,
Mammal.h, Mammal.cpp, Cat.h, Cat.cpp,
main.cpp********************************************************
Assignment...
asked 30 minutes ago -
Multidimensional arrays can be stored in row major order or in
column major order. The access...
asked 32 minutes ago -
A study is conducted
to determine the simple linear regression relation (if any) between
average temperature...
asked 50 minutes ago