a) There is no limitation imposed by law to pay dividend up to a certain percentage but the amount it can pay can be practicable up to its retained earnings, which are:
Retained Earning = Stockholders Equity - Common Stock
=$128,000,000 - $50,000,000
=$78,000,000
b) The practical limit based on liquidity is equal to the cash balance available
=Total assets * cash percentage
=$280,000,000 * 4%
=$11,200,000
c)If the company pays out the amount in part b, then,
Payout ratio = Dividend / Earnings
=$11,200,000 / $21,000,000
=53.3333 or 53.34%
tpx 3. 10.00 points Problem 18-18 Stock dividend and its effect [LO18-4] a some kind of dividend The capital accounts for the firm are as follows 6,000.000 26 000.000 The firm has a P/E ratio of 10 your answers in dollars, not millions (e.g. $1,230,000).) RA ENG 105PM 1/12/2019 O Type here to search M Chapter 18 HW 7-4jpg O ezto mheducat b. What adjustments would be made to EPS and the stock price? (Assume the P/E ratio remains constant.)...
.com/hm.tpx 8. 1000 value 10.00 points Problem 18-21 Cash dividend versus stock repurchase [LO18-5) The Carlton Corporation has $6 million in earnings after tax cash es and 3 milion shares outstanding. The stock trades at a P/E of 10. The firm has $2 million in excess a. Compute the current price of the stock. ( Do not round intermediate calculations and round your answer to 2 decimal places.) price b. f the $2 million is used to pay dividends, how...
Name Chem 321 - Problem Set 6 Due to Dr. Hietbrink by 3:00 on Mon 11-18-19 Circle your class: MWF 11:15, MWF 12:20, TTh 2:00 Student number Score (out of 10) 1. (10 points) Predict the major organic product or products for each of the following. Be sure to include stereochemistry where appropriate. Assume each is in the most appropriate solvent. Remember, "no reaction" may be an answer. a) O, b) DMS HgSO4 H2SO4 НО B2 HCI a)/MOBI b) H
16. 10.00 points Problem 17-18 Preferred stock dividends in arrears [LO17-5 a. How much is the company behind in preferred dividends? (Do not round intermediate calculations, Input your answer in dollars, not millions (e.g. $1.234.000. b. If NHC earns $14,000,000 in the coming year after taxes but payments)? Keep in mind that the coming year not round intermediate calculations. Input your answer in dollars, not millions (e O Type here to search b. If NHC earns $14,000,000 in the coming...
3 - Apply: Week 3 Connect Exercise Question 6 (of 10) value: 10.00 points For a binomial process, the probability of success is 40 percent and the number of trials is 5. Find AX $ 1). O 0870 2592 0778 O 3370 O Type here to search
Show detailed work 5. (8 points each) Find the limits: V3x2-6 (a) lim X--00 2x -9x (b) lim X-0.x2-sinx COS X (c) lim -X
O Week Four Quiz Question 23 Not yet answered Points out of s.00 Flag question The heights of 18-year-old men are approximately normally distributed with mean 68 inches and standard deviation 3 inches. What is the probability that the average height of a sample of twenty 18-year-old men will be less than 69 inches? Round your answer to four decimal places Select one: O a. 0.8064 o b. 09032 О С. 0.4516 O d. 0.4032 O e.o.0968 Next page Previous...
5. (8 points each) Find the limits: V3x2-6 (a) lim X-00 2x -9X (b) lim x=0x2-sinx COS X (c) lim x X- 2 2
Check my work Problem 18-2 Share buyback-comparison of retirement and treasury stock treatment (LO18-5) 2 The shareholders' equity section of the balance sheet of TNL Systems Inc. included the following accounts at December 31, 2017: points eBook Shareholders' Equity Common stock, 210 million shares at $1 par Paid-in capital-excess of par Paid-in capital-share repurchase Retained earnings ($ in millions) $ 210 1,260 1 1,200 Print References Required: 1. During 2018, TNL Systems reacquired shares of its common stock and later...
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