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kiruha [24]
2 years ago
10

Khadimally, Incorporated, expects sales of $763,500 next year. The net profit margin is 5.3 percent and the firm has a dividend

payout ratio of 18 percent. What is the projected increase in retained earnings
Business
1 answer:
Nutka1998 [239]2 years ago
3 0

Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.

<h3>What is the projected increase in retained earnings?</h3>

First find the expected profit:

= Sales x Net profit margin

= 763,500 x 5.3%

= $40,465.50

The projected increase is:

= 40,465.50 x (1 - 18%)

= $33,181.71

Find out more on retained earnings at brainly.com/question/25998979.

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Dimas [21]

After completing the organizational assessment, Matthew's next step should be to formulate the functional strategies.

The action plans that a company develops in different areas to achieve its objectives and goals in the short and long term are called functional strategies.

It is the set of strategies of the areas:

  • Commercial
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  • Marketing
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As a company is an integrated system that works to achieve a common goal, which in general is to be profitable and competitive in the market, the functional strategies must be aligned with those at the corporate and organizational level.

Therefore, the formulation of functional strategies is essential for the integration and optimization of organizational resources in order to achieve a company's objectives and goals.

Learn more here:

brainly.com/question/4974396

4 0
2 years ago
Item 15Item 15If Beck's Bicycles, Inc.'s income statement shows gross profit of $350 million, with operating expenses of $120 mi
Alinara [238K]

Answer:

$161 million

Explanation:

Given that,

Gross profit = $350 million

Operating expenses = $120 million

Tax rate = 30%

First, we need to find out the income before taxes by subtracting operating expenses from the gross profit then we are able to determine net income after taxes.

Income before tax:

= Gross profit - Operating expenses

= $350 million - $120 million

= $230 million

Net income after taxes:

= Income before tax - Taxes

= $230 million - (0.30 × $230 million)

= $230 million - $69 million

= $161 million

8 0
3 years ago
Here are three things you could do if you do not attend your economics class: go to a free outdoor yoga class with some friends
Elina [12.6K]

Answer:

C

Explanation:

$25 dollars because this is the highest valued alternative forfeited

4 0
3 years ago
Multiple Choice Question 143 A company shows a balance in Salaries and Wages Payable of $37900 at the end of the month. The next
neonofarm [45]

Answer: The answer is: Debit Salary and wages expense $9,900, Debit Salaries and wages payable $37,900, Credit Cash $47,800

Explanation: Since the company has $37,900 sitting in salaries and wages payable account at the end of the month and the payroll revealed that actual amount to be paid is $47,800, this means the company has a shortfall of $9,900 from the salaries and wages payable account. Therefore, this amount that was not accrued for would impact salary and wages expense by $9,900.

7 0
2 years ago
Your current assignment at York Foods is to find the major benefits people look for in the packaged goods market, the kinds of p
Varvara68 [4.7K]

Answer:

People

Explanation:

People is the component of the marketing mix that deals with what the customer wants and how to effectively tailor products to meet those needs

It gives rise to segmentation of customers based on their preferences. Customers within a given segment are effectively catered for by because the company has an understanding of how to satisfy them.

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