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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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Answer:

Market targeting.

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To discover the overall attractiveness of the segment, there are two factors which are used in this process:

i. Attractiveness of Segment:

This feature helps to determine whether the segment is attractive or not.

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3 years ago
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Which one of the following actions would improve cash flow? HIGHIGHT ANSWER
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3 years ago
Doug Graves Cemetery had 53,000 shares of common stock issued and outstanding at January 1, 2021. During 2021, Graves took the f
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Answer:

The answer is given below;

Explanation:

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4 years ago
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The Johnson Farm has 500 acres of land allotted for cultivating corn and wheat. The cost of cultivating corn and wheat (includin
gayaneshka [121]

Answer:

The answer is: Jacob Johnson should cultivate 400 acres of corn and 100 acres of wheat.

Explanation:

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<u>Step 1:</u>

x   +   y    =   500

42x + 30y = 19,800

<u>Step 2:</u>

Multiply (x + y = 500) times -30 ;      -30x - 30y = -15,000

<u>Step 3:</u>

42x + 30y = 19,800

-30x - 30y = -15,000

<u>Step 4:</u>

(42x - 30x) + (30y - 30y) = 19,800 - 15,000   ;     12x = 4,800

<u>Step 5:</u>

x = 4,800/12   ;    x = 400

<u>Step 6:</u>

400 + y = 500     ;      y = 100        

8 0
3 years ago
On June 30, 2021, Moran Corporation issued $4 million of its 8% bonds for $3.5 million. The bonds were priced to yield 9.4%. The
larisa [96]

Answer:

b) $4,500

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The computation of the bond discount that should be reduced is given below;

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Therefore the option b is correct

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3 years ago
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