1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonbull [250]
3 years ago
9

The projected capital budget of Kandell Corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and

its forecasted net income is $550,000. If the company follows a residual dividend policy, what total dividends, if any, will it pay out?
a. $122,176
b. $128,606
c. $135,375
d. $142,500
e. $150,000
Business
2 answers:
Ira Lisetskai [31]3 years ago
8 0

Answer:

The correct answer is option (e).

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital budget = $1,000,000

Debt = 60%

Equity = 40%

Net income = $550,000

So, we can calculate the total dividend by using following formula:

Total dividend = net income - ( Equity × Capital budget )

= $550,000 - ( 40% × $1,000,000 )

= $550,000 - $400,000

= $150,000

Stells [14]3 years ago
6 0

Answer:  e

150,000

Explanation:

You might be interested in
How does microcredit help poor people establish thriving small businesses? why is microcredit targeted primarily to women?
grin007 [14]

Microcredit help poor people establish thriving small businesses because it provides a small finacial loan made to proverty stricken individuals who want to start their own business. Hence the objective of this microcredit is for the poor people for self-employment. The following are the reasons why microcredit targeted primarily to women because women make better use of small loans than men. That most women do not spend their money on snacks or luxuries than men but instead use their money into providing food for their children/family. Women have a better track record when it comes to repayment, women are a huge untapped labor pool, women have the right to access capital and lastly women who receive loans adopt healthier lifestyles and are empowered. 

7 0
2 years ago
What is the main cause for low birth weight in developed countries?
Kazeer [188]
Thank you for posting your question here at Brainly!~

I believe the correct answer to the question being asked is "malnourishment."

Hope I helped!~ Brainliest appreciated.
5 0
3 years ago
Values are Group of answer choices a. The deeply held convictions that influence your thinking when you are faced with choices b
skelet666 [1.2K]

Answer:

a. Deeply held convictions that influence your thinking when you are faced with choices

Explanation:

A conviction refers to a firmly held belief of an individual.

An individual forms his values from his family, friends and people around which gradually shape perspective.

Values determine how an individual behaves socially, what constitutes morally right and what is not. They govern the ethical behavior of an individual.

Values are personal in nature in the sense those ain't generally acceptable principles. Those differ from individual to individual.  They determine the course of action of an individual when faced with challenges and alternatives.

3 0
3 years ago
The consumer price index is a way that the us government measures ________.
Ronch [10]
Your answer would be
<span>Inflation</span>
Hope I helped!!
<span></span>
7 0
3 years ago
Read 2 more answers
A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 e
Gnesinka [82]

Assuming  the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.

<h3>Journal entry</h3>

Based on the information given if the company issues the amount of  $100,000 of 5%, 10-year bonds dated january 1 the appropriate journal entry to record this transaction is:

Debit Cash $100,000

Credit Bond payable $100,000

(To record bonds sold at par value)

Inconclusion the issuer will records the sale with a debit to: Cash $100,000.

Learn more about journal entry here:brainly.com/question/14279491

5 0
1 year ago
Other questions:
  • The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin'
    15·1 answer
  • obligations not expected to be paid within the longer of one year or the company's operating cycle are reported as
    10·1 answer
  • Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
    13·1 answer
  • On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi
    10·1 answer
  • Tech giant, TimeHop was concerned about creating a workspace that was inviting and encouraged collaboration. Knowing that most o
    14·1 answer
  • Which of these is the most likely outcome of a financial crisis?
    5·2 answers
  • The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise proc
    15·1 answer
  • Influencers, deciders, and gatekeepers are examples based on segmentation
    9·1 answer
  • Write the relationship between audit and finance?
    9·1 answer
  • Marcus (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC).
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!