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MaRussiya [10]
3 years ago
8

Colgate-Palmolive Company reports the following balances in its retained earnings. ($ millions) 2010 2009 Retained earnings $14,

329 $13,157 During 2010, Colgate-Palmolive reported net income of $2,203 million. a. Assume that the only changes affecting retained earnings were net income and dividends. What amount of dividends did Colgate-Palmolive pay to its shareholders in 2010
Business
2 answers:
ahrayia [7]3 years ago
3 0

Answer:  $1,031 million

Explanation:

Given that,

Retained earnings(2010) = $14,329 million

Retained earnings(2009) = $13,157 million

Net income(2010) = $2,203 million

Amount of dividends = Retained earnings(2009) + Net income(2010) - Retained earnings(2010)

                                   = $13,157 million + $2,203 million - $14,329 million

                                   = $1,031 million

Therefore, amount of dividends did Colgate-Palmolive pay to its shareholders in 2010 is $1,031 million.

Lelu [443]3 years ago
3 0

Answer:

Explanation:

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During the "design" step of appreciative inquiry, participants ________.A) find a common vision of how the organization will loo
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Answer:

The correct answer is A) find a common vision of how the organization will look in the future

Explanation:

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3 years ago
Which of the following represents the three general categories into which the key components of effective teams are grouped?A) i
Nataly [62]

Answer: The statement "D) context, composition, and process factors" represents the three general categories into which the key components of effective teams are grouped.

Explanation: Context: obtaining adequate resources, effective leadership, a climate in which confidence abounds and performance control and rewards that demonstrate the contributions of the team are the factors of the context that are related to the operation of the team.

Composition: These are the variables that are taken into account when establishing the way in which the equipment should be integrated. The capacity and personality of the members, the size of the group, the roles and the flexibility of the working group are taken into account.

The factors of the process are the effectiveness of the team, conflicts at a manageable level, the commitment of each participant in the group for a common purpose and set goals for the team.

7 0
3 years ago
Sammy's is a fast food chain that offers burgers, sandwiches, and shakes. It focuses its marketing efforts on all the experience
joja [24]

Answer: Marketing channel system.

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7 0
3 years ago
The Pinetop Corporation issues 1,000 shares of 6%, $100 par value preferred stock at the beginning of 2014. All remaining shares
lidiya [134]

Answer:

$12,000 and $6,000

Explanation:

For computing the dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate  × number of years

= 1,000 shares × $100 × 6%  × 2 years

= $12,000

Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders

5 0
3 years ago
offers a 6.3 percent bond with a current market price of $767.50. The yield to maturity is 8.49 percent. The face value is $1,00
musickatia [10]

Answer:

9.25 years

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Price of the bond is calculated by following formula:

According to given data

Assuming the Face value of the bond is $1,000

Coupon payment = C = $1,000 x 6.3 = $63 annually = $31.5 semiannually

Current Yield = r = 8.49% / 2  = 4.245% semiannually

Market value = $767.50

Market Value of the Bond = $31.5 x [ ( 1 - ( 1 + 4.425% )^-n ) / 4.425% ] + [ $1,000 / ( 1 + 4.425% )^n ]

Market Value of the Bond = $31.5 x [ ( 1 - ( 1 + 4.425% )^-n ) / 4.425% ] + [ $1,000 / ( 1 + 4.425% )^n ]

n = 18.53 / 2

n = 9.25 years

7 0
3 years ago
Read 2 more answers
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