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inn [45]
3 years ago
15

Hornberger, Inc. recently paid a dividend of $2.00 per share. The next dividend is expected to be $2.05 per share. Hornberger ha

s a return on equity of 11.00%. What percentage of its earnings does Hornberger plow back into the firm?
Business
1 answer:
ohaa [14]3 years ago
3 0

Answer:

Hornberger plows back 22.72% of its earnings into the firm.

Explanation:

Plowback ratio fundamental analysis ratio that measures how much earnings are retained after dividends are paid out.

We can use the relationship g = ROE × b to find the plowback ratio (b).

The growth rate implied by the recent dividend and the expected dividend is estimated using the equation, D1 =  D0 × (1 + g)

$2.05 = $2.00 × (1 + g)

$2.05 - 2.00 = 2.00g

0.05 / 2 = g

g = 2.5%

Then  according to the equation (b)

2.50% = 11.00% × b

b = 2.50%/11.00%

b = 22.72%

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Which of the following is not part of the flow of events in variance analysis?
IgorC [24]

Answer:

e. Working to ensure that all variances are favorable.

Explanation:

the steps in effective management of variance analysis

Identifying questions and their explanations

Preparing standard cost performance reports

Taking corrective and strategic actions

Computing and analyzing variances

So the option is E.

Working to ensure that all variances are favorable.

7 0
3 years ago
Kevin and Randy Muise have a jar containing 4444 ​coins, all of which are either quarters or nickels. The total value of the coi
aev [14]

Answer:

they have 25 quarters and 19 nickels

Explanation:

let N = number of nickels

let Q = number of quarters

5N + 25Q = 720

N + Q = 44

N = 44 - Q (now we must replace)

5(44 - Q) + 25Q = 720

220  - 5Q + 25Q = 720

20Q = 720 - 220 = 500

Q = 500 / 20 = 25

N = 44 - 25 = 19

6 0
3 years ago
The 'on my way button' should be clicked when you leave your current location (home, gym, etc.) to go to the walk. when should y
ddd [48]
<span>Before starting walking from the current location "start walk" button should be tapped as 'on my way button' was clicked when you leave your current location to go to the walk.</span>
3 0
3 years ago
Imputed interest rules apply to term loans or demand loans in which the interest rate is less than the Applicable Federal Rate (
vlada-n [284]

Answer:

A) Gift loans of $14,000 in which interest foregone is in the form of a gift.

Explanation:

You are free to give anyone any type of gift that is worth up to $14,000, this includes gifts in cash, assets (e.g. car) or gift loans. Any gift above that threshold will result in taxes paid by the person that receives the gift.

The IRS defines gift loans under Section 7872(f)(3) as:

<em>“The term “gift loan” is any below-market loan where the forgoing of interest is in the nature of a gift.”</em>

As long as the forgone interest doesn't exceed $14,000, then no taxes should be paid.

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3 years ago
Which aspect of production planning might make use of a Gantt chart?
butalik [34]
I think it would be C
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