Suppose a firm has a retention ratio of 35 percent and net income of $5 million. How
Question:
Suppose a firm has a retention ratio of 35 percent and net income of $5 million. How much does it pay out in dividends?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
If the firm retai...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Finance Applications And Theory
ISBN: 9781264101580
6th Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
Question Posted:
Students also viewed these Business questions
-
Suppose a firm has a retention ratio of 40 percent, net income of $17 million, and 10 million shares outstanding. What would be the dividend per share paid out on the firms stock?
-
Suppose a firm has a retention ratio of 60 percent, net income of $35 million, and 140 million shares outstanding. What would be the dividend per share paid out on the firms stock?
-
Suppose a firm has 15 million shares of common stock outstanding and six candidates are up for election to five seats on the board of directors. a. If the firm uses cumulative voting to elect its...
-
Calculate UTX's market value-added (MVA) for each year 2010-2012.
-
Explain the product-market screening criteria that can be used to evaluate opportunities.
-
Why does a salt bridge last only so long?
-
A loop of wire carries a current \(l\) as shown in Figure P28.13. Determine the direction of the magnetic field at the points labeled. Data from Figure P28.13 L x 2 3
-
The manager of catering services for the Roanoker Hotel has a problem. The banquet hall at the hotel is booked each evening during the coming week for groups who have reserved the following numbers...
-
Who were some of the principal Portuguese explorers? What did they achieve and what were the ramifications of these voyages for Portugal, and the world?
-
Suppose a firm with a contribution margin ratio of 0.3 increased its advertising expenses by $10,000 and found that sales increased by $30,000. Was it a good decision to increase advertising...
-
What is the difference between a fixed-rate and a floating-rate loan?
-
Whats the source of firm-specific risk? Whats the source of market risk?
-
What are the threats coming from emerging markets champions to Western global firms?
-
In 2 or more sentences, explain what would happen to an organism if a disease affects it at a cellular level.
-
compare the anatomy seen in a sheep kidney to the anatomy of the human kidney. In what ways are they the same or different?
-
Explain transport management systems and other transportation technologies and their impact on the inbound and outbound transportation activities along the supply chain with respect to Descartes...
-
Mahindra International (India) imported spares of an engine from a US manufacturer for $ 5,000 per annum at a price of $ 2.5 per piece. The average exchange rate during 2001-02 was Rs. 47.70/$. The...
-
Given rhe following for GFD Inc: Stock price = $40/share # of shares = 10,000,000 Market value debt = $500,000,000 cash and cash equivalents = $60,000,000 Find the: 1. market capitalization of the...
-
One of your goals as the new chief administrator of a large social service bureau is to equalize workloads within the various divisions of the agency. You have gathered data on caseloads per worker...
-
Which should drive action planning more, strengths or weaknesses? That is, is it more important to build on your strengths or to reduce your weaknesses? Explain.
-
Compute the future value in year 7 of a $2,000 deposit in year 1 and another $2,500 deposit at the end of year 4 using an 8 percent interest rate.
-
You are looking to buy a car. You can afford $450 in monthly payments for four years. In addition to the loan, you can make a $1,000 down payment. If interest rates are 5 percent APR, what price of...
-
You are looking to buy a car. You can afford $650 in monthly payments for five years. In addition to the loan, you can make a $750 down payment. If interest rates are 8 percent APR, what price of car...
-
Write the expression as one logarithm. 5 loga x + 3 * loga(x 9) 7 log,(5x + 8)
-
Solve the equation for the requested variables. z(cr+x) = n + h Solve for z: z = Solve for r: r =
-
Multiply. 864 3 C 3c 15c 2b Simplify your answer as much as possible.
Study smarter with the SolutionInn App