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Kruka [31]
4 years ago
9

The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures.Tot

al asset $400,000Stockholder's equity-common 200,000Total Stockholders' equity 280,000Sales revenue 120,000Net income 25,000Number of shares of common stock 8,000Common dividends 5,000Preferred dividends 6,000What is Marsh's payout ratio?a) 7.5%.b) 20%.c) 24%.d) 36%.
Business
1 answer:
andre [41]4 years ago
3 0

Answer:

b) 20%

Explanation:

Stockholder's equity  

Net Income $ 25,000

Common Dividends -$ 5,000

Preferred Dividends -$ 6,000

TOTAL $ 14,000

Common Dividends

-$ 5.000 / $ 25.000  = 20%

Net Income

Dividend per share $0,63 / (Earning per Share) $3,13 =  20%  

Dividend per share $0,63  ==> Common Div. ($5,000) / 8.000 (Q. Common)

Earning per share $3,13  ==> Net Income ($25,000) / 8.000 (Q. Common)

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8 0
3 years ago
Bailey is a new salesperson for a textbook publisher. She is compiling a list of professors who make textbook buying decisions a
coldgirl [10]

Options:

A. prospecting and qualifying.

B. sales identification.

C. personal development.

D. preliminary sales analysis.

Answer:A. prospecting and qualifying.

Explanation: Prospecting and qualifying are two terms which are currently used by the people who are involved in the sales and marketing of products.

Prospecting is the process of identifying and correcting with people or Organisations that can become potential customers.

Qualifying is the process of identifying and confirming if a given lead is a potential and prospective customer.

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7 0
3 years ago
Demonstrate the required adjusting entry needed to record a $1,000 note receivable collected by the bank by choosing the correct
MrRissso [65]

Answer:

Debit Cash $1,000 and credit Notes Receivable $1,000.

Explanation:

The adjusting entry is shown below:

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5 0
3 years ago
For each of the following, state whether you expect the distribution to be symmetric, right skewed, or left skewed. Also specify
olga2289 [7]

Answer:

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Explanation:

a) The distribution should be right skewed as most of the numbers lies at that side while using the median to correctly represent an observation in the distribution.

To represent the variability of the observations, interquartile range could be used. Since, there is a good number of expensive houses and this would increase the mean and standard deviation. So, it is better to use interquartile range to represent it, i.e. upper quartile for expensive houses, and lower quartile for less expensive houses and middle quartile for mid-range priced houses.

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3 years ago
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Nastasia [14]

Answer:

D. If Hazel sells the chocolate fountain for $3,300, she will have a $1,500 capital gain.

Explanation:

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6 0
3 years ago
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