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2 years ago

Although some laws concerning cash dividends vary by state, which provision is followed by all states?

1 answer:

3 0

Although some laws concerning cash dividends vary by state, the provision followed by all states is Cash dividends may be paid out of retained earnings.

A cash dividend is the distribution of budget or cash paid to stockholders usually as a part of the company's modern-day income or gathered earnings. coins dividends are paid at once in money, as opposed to being paid as a stock dividend or different shape of value.

Cash dividends are considered property due to the fact they boom the net well-worth of shareholders via the quantity of the dividend.

Cash dividends are payments made in coins to shareholders based totally on the number of stocks they preserve. inventory dividends are bills to shareholders made in the shape of extra stocks of inventory.

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Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $14.1 million, and the company paid

ioda

Answer:

The company’s target debt-equity ratio is 1.16 : 1

Explanation:

Percentage flotation costs = 1 - (14100000/14100000 + 735000)

= 1 - (14100000/14835000)

= 4.95%

We know that:

(1 + Debt/Equity)*4.95% = 0.071 + 0.031*(Debt/Equity)(Percentage flotation cost equation)

0.0495 + 0.0495*(Debt/Equity) = 0.071 + 0.031*(Debt / Equity)

0.049545*(Debt/Equity) - 0.031*(Debt/Equity) = 0.071 - 0.0495

0.018545*(Debt/Equity) = 0.021455

Debt/Equity = 0.021455/0.018545

Debt / Equity = 1.16 : 1

Therefore, The company’s target debt-equity ratio is 1.16 : 1

6 0

3 years ago

Which long-term goal can a 401(k) account help you achieve?

WINSTONCH [101]

The answers are as follows:
7. Retire from full time work.
A 401K account is a retirement saving account that is sponsored by one's employer. This type of account allow a worker to save a portion of its salary to invest before tax are deducted from the salary. Tax are only paid on the money when they are withdrawn from the account.
8. Keep your focus on the most important goal.
Prioritizing is the process of arranging the things we need to accomplish in the order of their importance and then executing them according to their importance. Prioritizing helps one to focus one's energy on the most important thing.
9. A guess or estimate of what something will be like in the future.
Projection is an important tool in business and in personal life. Projection involves using the events that are happening now to predict what is going to happen in the future about a particular thing. Projection helps one to prepare for the happenings of the future.
10. Reserve.
Reserve refers to the amount of money you have set aside for use in case of emergency. Emergency happens at all time, at such times, it will be best to have a certain amount of money in place to cater for such emergencies. This type of money is called reserve.
11. Increase your income by working more and decrease your expenses.
An income refers to the amount of money you are paid on a regular basis because of the services your render, while expenses refers to the amount of money you spend on your needs. In order to be able to save enough money, you have to increase your income and decrease your expenses.
12. Wages is an earned income.
An earned income refers to an income which you work for, that is, you render particular services before the money is paid to you. Wages refers to the money that are paid to workers either on daily basis or on weekly basis, therefore, wages is an earned income.
13. Gift is an unearned income.
An unearned income refers to an income which you did not work for but which is given to you by some else. Financial gifts are unearned income because, the gift is not given to you as a result of the services you render.
14. Investment income is an unearned income.
The profits that one derives from investments are considered to be unearned income because one personal efforts is not involved in making the profits.
15. Salary is an earned income.
Salary refers to the money that a worker is paid on a monthly basis as a result of the services which he or she renders. Salary, is thus an earned income, because one's efforts is involved in making the money.

3 0

3 years ago

Computing and Assessing Plant Asset Impairment

AVprozaik [17]

Answer:

a. Depreciation expense = (Cost - Salvage value / Useful life

Depreciation expense = ($225,000 - $25,000) / 10 years

Depreciation expense = $20,000

b. Equipment's net book value = Cost of equipment - Depreciation for 4 years

Equipment's net book value = $225,000 - ($20,000 * 4)

Equipment's net book value = $225,000 - $80,000

Equipment's net book value = $145,000

c. When the sum of undiscounted expected cash flows < Net book value of asset, then the asset is impaired

Here, $125,000 < $145,000. So, the equipment is impaired.

Impairment loss = Net book value of asset - Fair value of asset

Impairment loss = $145,000 - $90,000

Impairment loss = $55,000

8 0

3 years ago

Jerry and Ernie are comparing their tax situations. Both are paying all of the nursing home expenses of their parents. Jerry can

Andre45 [30]

Answer:

The cost of care in a nursing home, along with the cost of meals and lodging, should be included with the costs for medical or nursing care if the primary reason is to obtain medical care for their parents.

If the primary reason for being there is personal, the total costs for medical or nursing care should be included in the total of deductible medical expenses, but the costs of meals and lodging should not be included.

Consequently, it appears that Jerry's parents are in the nursing home to obtain medical care, while Ernie's parents are in the nursing home for personal reasons other than medical care.

7 0

3 years ago

You buy a seven-year bond that has a 6.50% current yield and a 6.50% coupon (paid annually). In one year, promised yields to mat

Harlamova29_29 [7]

The current yield and annual coupon rate of 6.50% show that the bond price was at par a year ago.

The givens are FV=1,000, n= 6, PMT = 65.00, and i= 7.50 so with this we know that the selling price this year is $953.06.

So the holding period return is $1,000+$953.06+$65.00

$1,000=0.0181=1.81%

Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! As well as a great rest of Black History Month! :-)

- Cutiepatutie ☺❀❤

7 0

4 years ago