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spin [16.1K]
3 years ago
13

Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 2.75 percent annual

ly. The firm just paid an annual dividend of $1.67. What will the dividend be six years from now
Business
1 answer:
Vesna [10]3 years ago
7 0

Answer:

1.9652

Explanation:

Data provided in the question

Annual dividend at constant rate = 2.75%

Annual dividend = $1.67

So by considering the above information, the dividend be six years from now is

= Annual dividend × (1 + growth rate)^number of years

= $1.67 × (1 + 2.75%)^6

= $1.67 × 1.1767

= 1.9652

We simply apply the above formula so that the dividend after six year could come

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faltersainse [42]

Answer:

"To increase the level of diversification" is the right answer.

Explanation:

  • The justification why and how the high-level managers from Nutzandboltz, a technology firm, intend to invest earnings per share throughout market segments including such merchandise as well as accessories, would be to maximize the long term growth ratio.
  • The other explanation may be to minimize the chances of their jobs.

So that the above is the correct answer.

8 0
4 years ago
The Talley Corporation had taxable operating income of $495,000 (i.e., earnings from operating revenues minus all operating cost
Ivahew [28]

Answer: $465,000

Explanation:

To calculate the Taxable income we would have to adjust the figure for dividends received as well as interest.

Now, 50% of dividends received are taxable so let's adjust for that first,

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= $10,000

$10,000 of dividends are taxable.

To calculate the Taxable income we have to use the following formula,

Taxable income = Income after operating Costs - Interest Charges + Taxable dividends

= 495,000 - 40,000 + 10,000

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That Taxable income is therefore $465,000

Note: The dividends paid are not included here because they are taxable and already included in the Taxable operating income so including it again would amount to Double Counting.

If you need any clarification do react or comment.

4 0
3 years ago
Read 2 more answers
True or False. A post-closing trial balance is a list of all accounts and their balances after we have updated account balances
kotegsom [21]

Answer:

True

Explanation:

There are two columns in the trial balance, namely columns of debits and columns of credits. It is always important to balance the total debit and credit columns. The debit columns reflect assets and expenses side while sales, stockholder equity, and the liability side are listed in the credit column.

After passing the adjusting entries, the account balances are updated which we called a post-closing trial balance

So, the given statement is true

7 0
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I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

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3 years ago
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Enrollment in this school will likely be below the equilibrium level.

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