Tim Miotke maintains that adequate cash is the only requirement for the declaration of a cash dividend.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Tim is not correct Requirements of declaring cash ...View the full answer
Answered By
Hemant Pareek
Conducted trainings at various levels during my corporate exposure, trainings were in the field of finance and corporate finance
As Part of corporate investment banking department as team leader
? Provided audit support for financial reporting
? Conducted trainings at various levels for conceptual understanding of complex processes
? Advised and Integrated automated and manual checks in models for error reduction
As Part of corporate finance department in business valuation team
? Performed valuation analysis in relation to merger, demerger, impairment on a wide range of public and private entities within various industries
? Prepared valuation models involving - discounted cash flow analysis (FCFF and FCFE models), Comparable company analysis, Comparable transaction analysis, Sum of the parts (SOTP) valuation methodology and sensitivity analysis
? Prepared additional schedules for clarity i.e. depreciation schedule, working capital schedule, intangibles schedule, debt schedule, investment schedule, taxation schedule etc.
? Performed Purchase Price Allocations (PPA) of assets and liabilities that have been acquired consequent to a transaction.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Accounting questions
-
Sue DeVine maintains that adequate cash is the only requirement for the declaration of a cash dividend. Is Sue correct? Explain.
-
Jan Kimler maintains that adequate cash is the only requirement for the declaration of a cash dividend. Is Jan correct? Explain.
-
Tim accepts a temporary assignment that is 500 miles away from his office. The assignment is expected to last 7 months. Tim spends $7,000 for lodging and transportation and $3,000 for meals during...
-
Jarvis Company produces a product that has a selling price of $20.00 and a variable cost of $15.00 per unit. The company's fixed costs are $50,000. What is the break-even point measured in sales...
-
List four requirements of a photoresist.
-
What is the explanation for feather beds being warm?
-
Describe the consultative role of the ethics committee when addressing ethical dilemmas.
-
With gasoline prices increasing, drivers are more concerned with their cars gasoline consumption. For the past 5 years a driver has tracked the gas mileage of his car and found that the variance from...
-
Hyrdo Billboard Company entered into an angreement to display billboard advertising for Adele Incorporated for 1 0 months for a $ 6 4 , 0 0 0 fixe fee. The agreement also includes a potential $ 6 , 5...
-
An important part of planning manufacturing capacity is having a good forecast of sales. Elizabeth Burke is interested in forecasting sales of mowers and tractors in each marketing region as well as...
-
The treasury stock purchased in Question is resold by Luz, Inc. for $13,000. What effect does this transaction have on? Luz, Inc. purchases 1,000 shares of its own previously issued $5 par common...
-
Travis Plum asks, "Since stock dividends don't change anything, why declare them?" What is your answer to Travis?
-
Compute the standard error of (1 - 2) for the following data: Sample 1 10 125 44.2 Sample 2 10 217 rt 28.7
-
What are two of the advantages and two of the disadvantages of a strike from managements perspective? From the unions perspective?
-
Do you think social media can be effectively used as a career development tool? Why or why not? Career development is a process that can be viewed as consisting of three phases: assessment,...
-
Why would employers want to fire employees whose dependents are having serious health problems? Should this practice be illegal? What do you think would be the reaction of employees with healthy...
-
Walgreens Alliance Boots, a major pharmaceutical retailer, employs some 70,000 workers in the UK, many of whom earn less than $9 an hour. The company is headed by Stefano Pessina, who spearheaded...
-
Use a synthesis tool to synthesize the Fibonacci circuits you wrote in Exercises 7.17.3. Draw the resulting logic diagram for each synthesis outputs circuit. Compare and contrast the output circuits...
-
How does the gamma of an OTM option behave as we approach maturity? What about the gamma of an ITM option? Derive the answers in the context of the Black-Scholes model and explain the intuition.
-
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
-
Use this information to answer the questions in Problems 12-17. a. What does the notation (BCA) mean? b. What does the " 0 " under (BCA) mean? In voting among three candidates, the outcomes are...
-
Spring Inc. had the following transactions pertaining to investments in common stock . Jan. 1 Purchased 2,500 shares of Angeltide Corporation common stock (5%) for $140,000 cash plus $2,100 brokers...
-
On February 1, Minitori Company purchased 500 shares (2% ownership) of Becker Company common stock for $30 per share plus brokerage fees of $400. On March 20, Minitori Company sold 100 shares of...
-
On January 1, Vince Corporation purchased a 25% equity in Morelli Corporation for $180,000. At December 31, Morelli declared and paid a $60,000 cash dividend and reported net income of $200,000....
-
A rhino is charging at you, so decide to sedate it with a tranquilizer gun angled at 40 as shown above. The tranquilizer gun can reach a horizontal distance of 49 m when angled at 45. (Assume ideal...
-
What is the definition of motivation and how can the chef foster an environment of motivation in the kitchen? What methods can a chef implement to motivate the kitchen team? What factors contribute...
-
Article Review Read the article. Link is given below: https://www.projecttimes.com/articles/avoid-the-top-three-real-causes-of-scope-creep.html Post your thoughts on this article, add references if...
Study smarter with the SolutionInn App