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balandron [24]
3 years ago
5

Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,250,000, and it ha

d 225,000 shares outstanding. What dividend per share should it declare? $2.14 $2.26 $2.38 $2.50 $2.63
Business
1 answer:
AfilCa [17]3 years ago
7 0

Answer:

$2.50

Explanation:

Given that,

Dividend Paying out under a policy = 45% of its income

Net income = $1,250,000

Number of shares outstanding = 225,000

Total dividends:

= 45% of its income

= $ 1,250,000 × 45%

= $562,500

Dividend per share:

= Total dividends ÷ Number of shares outstanding

= $562,500 ÷ 225,000

= $2.50

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Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe
vivado [14]

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

Total assets.1,000,000

Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

4 0
3 years ago
The owner of a bicycle repair shop forecasts revenues of $188,000 a year. Variable costs will be $57,000, and rental costs for t
Umnica [9.8K]

Answer:

Revenues=$188,000

Less: Variable Costs=$57,000

Less: Rentals=$37,000

Earnings before depreciation and tax=$94,000

Less: Depreciation =$17,000

Earnings before tax=$77,000

Less: Tax40%=$30,800

Net Income=$46,200

a) Dollars in minus dollars out

Dollars in = Revenues = $188,000

Dollars out = Variable cost + Rentals + Tax = $57,000 + $37,000 + $30,800 = $124,800

Operating cash flow = $188,000 - $124,800 = $63,200

b) Adjusted accounting profits

Operating cash flow = Net income + Depreciation = $46,200 + $17,000 = $63,200

c) Add back depreciation tax shield

Operating cash flow = Earnings before depreciation and tax x (1 - tax rate) + Depreciation tax shield

or, Operating cash flow = $94,000 x (1 - 0.40) + $17,000 x 40% = $63,200

Yes, all the results are same.

7 0
3 years ago
Consider a call option on an asset with an exercise price of $100, a put option on that same asset with an exercise price of $10
zubka84 [21]

Answer: The values are missing below are the values

a. $105

b. $95

answer :

a) $5

b) -$5 ( loss )  

Explanation:

From the perspective of the long position for each of the two options  upon expiration

a) For $105

for the long position ( long call ) since the expired price > than the exercise price

i.e. $105 > $100 the profit = $105 - $100 = $5

b) For $95

For the long position ( long call ) since the expired price < than the exercise price

i.e. $95 < $100 the profit = $95 - $100 =  - $5  ( a loss is incurred )

5 0
2 years ago
A thief uses a bag of sand to replace a gold statue that sits on a weight sensitive alarmed pedestal. The bag of sand and the st
GaryK [48]

Answer:

No, the thief didn't set off the alarm. As the mass of the gold statue and the bag of sand is different, the alarm clock will start ringing once the statue is replaced with the bag of sand. Thus, the thief screwed up the operation.

3 0
3 years ago
Within the relevant range, fixed costs ______. per unit become progressively larger as the level of activity increases remain co
erma4kov [3.2K]

Answer:

The correct option is;

Remain constant in total regardless of changes in activity

Explanation:

In the field of Economics, fixed costs are costs that remain the same or does not undergo change when the quantity of produced goods or rendered service increases or decreases. Fixed cost are not dependent on the fluctuations in the level of produced goods and/or service.

Fixed cost are cost that are charged based on the duration of use of the facility, such as the rent paid for the factory premises.

Therefore, we have; within the relevant range, fixed costs <u>remain constant in total regardless of changes in activity</u>

3 0
3 years ago
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