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NemiM [27]
3 years ago
10

Dunder Imports has common stock outstanding at a market price of $57 per share. The total market value of the firm is $5,130,000

. The firm plans on liquidating one of its divisions for $500,000 in cash, after taxes, and distributing the proceeds to the shareholders in the form of a liquidating dividend. What will be the amount per share of that dividend
Business
1 answer:
PIT_PIT [208]3 years ago
7 0

Answer:

Dividend per share is 5.55.

Explanation:

Common stock has the market price = $57 per share

The total market value of the firm = $5130000

The liquidating amount of its division = $500000

Now we have to find the amount per share of the dividend, below is the calculation.

Number of outstanding shares  = 5130000 / 57 = 90000

Dividend = 500000

Dividend per share = 500000 / 90000 = 5.55

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Retained earnings on the balance sheet?
belka [17]

Answer:

The answer is D. have already been reinvested in the firm

Explanation:

Retained Earning is that part of income or profit that was not distributed out as dividend.

It is retained to grow the business or make the business bigger. It is part of shareholder's equity.

Option A is wrong. It doesn't increase with operating income. It depends on dividend policy and the net profit

3 0
3 years ago
The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the grow
geniusboy [140]

Answer:

The present value of terminal value is $ 863,689.48  

Explanation:

Terminal value=Cash flows at third year*(1+g)/WACC-g

cash flows at the third year is $64,000

g is the growth rate of net cash flows which is 2% in perpetuity

WACC is 8%

Terminal value=$64,000*(1+2%)/(8%-2%)

                       =$64000*1.02/0.06

                       =$ 1,088,000.00  

The present value of terminal=terminal value*discount factor in year 3

discount factor in year=1/(1+8%)^3=0.793832241

Present value of terminal cash flow=1,088,000.00 *0.79383224

                                                           =$ 863,689.48  

6 0
3 years ago
Read 2 more answers
50 points to whoever can write me a song about a girl names kaitlin make it a love song and a rap at the same time please need i
trapecia [35]
I have a question is it like can I describe her any way I want?
4 0
4 years ago
Wings Co. budgeted $555,600 manufacturing direct wages, 2,315 direct labor hours, and had the following manufacturing overhead:
Dahasolnce [82]

Answer:

the  overhead cost assigned to Job 971 is $1,020

Explanation:

The computation of the overhead cost assigned to Job 971 is shown below:

= Budgeted Machine overhead cost ÷ Number of set up

= $13,200 ÷ 390

= 34

Now the overhead cost assigned is

= 30 setups × 34

= $1,020

hence, the  overhead cost assigned to Job 971 is $1,020

Therefore the last option is correct

3 0
3 years ago
Which document is least important in determining the financial value of a purchase?
Vanyuwa [196]

The record least vital in figuring out the financial value of a purchase is purchase requisition.

The Requisition (REQS) file is used to file a purchasing request for goods or offerings from a doors dealer. A requisition refers to the manner of formally soliciting for a provider or object, typically the use of a purchase requisition shape or every other standardized record. The requisition manner is a standardized manner of maintaining tune of and accounting for all requisitions made inside a commercial enterprise.

A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.

Learn more about purchase requisition here:

brainly.com/question/16413109

#SPJ4

7 0
1 year ago
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