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Alenkasestr [34]
4 years ago
9

A company had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2022. The weighted average number o

f shares outstanding in 2022 was 2,000 shares. The company’s common stock is selling for $80 per share on the New York Stock Exchange. The company’s payout ratio for 2022 is ________ percent.
Business
1 answer:
likoan [24]4 years ago
3 0

Answer:

25 percent.

Explanation:

Given that,

Net Income =$200,000

Paid dividends to common stockholders = $50,000

Weighted average number of shares outstanding in 2022 = 2,000 shares

Selling price of common stock = $80 per share

Dividend pay-out ratio:

= (Dividend paid to Common Stockholders ÷ Net Income) × 100

= ($50,000 ÷ $200,000) × 100

= 0.25 × 100

= 25%

Therefore, the company’s payout ratio for 2022 is 25 percent.

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A registered representative ("rr") is an MFP of a municipal securities firm that is an underwriter for that municipal issuer. Th
swat32

Answer:

The $300 of out of pocket expense exceeds the MSRB political contribution limit and will result in the municipal securities firm being banned as an underwriter for that issuer for 2 years.

Explanation:

The municipal securities firm is is underwriter for municipal issuer. The volunteers have paid $300 out of pocket but they are not entitled to make contribution to the campaign. This will result the firm being banned for two years as an underwriter for the issuer.

5 0
3 years ago
Waterway Industries reported the following information for 2016: October November December Budgeted sales $950000 $890000 $11000
MakcuM [25]

Answer:

At November 30, 2016, budgeted Accounts Receivable is $445,000

Explanation:

In October, Sales: $950,000

Customer amounts on account are collected: 50% x $950,000= $475,000

At 31 October, Accounts Receivable = 50% x $950,000= $475,000

In November, Sales: $890,000

Customer amounts on account are collected = $475,000 + 50% x $890,000 = $920,000

At November 30, 2016 budgeted Accounts Receivable = 50% x $890,000 = $445,000

8 0
3 years ago
1. David has a monthly net income of $1,360. His fixed monthly expenses consist of a rent
zalisa [80]

Answer:

The largest monthly payment he can afford for the T.V set in order to be kept within a safe load of 20% is $156

Explanation:

Before we calculate, let us extract the key information from this question:-

*** David's monthly net income is $1,360

*** David pays a monthly rent of $450

*** He is paying off a student loan which costs him $116 per month.

*** He intends purchasing a new T.v set

*** We are simply required to determine the largest monthly payment that David can afford for the T.v set in order for him to be kept within a safe load of 20%.

In order to calculate the largest monthly payment that he can afford for the T.v set so as to be kept within a safe load of 20%, we will need to determine the actual amount that is twenty percent of his net income. If his net income is $1,360 then twenty percent of it is:

20/100 × 1360

= 27200/100

= $272

All we need to do now to find the largest monthly payment he can afford for the TV set is to subtract the student loan that he is paying off monthly ($116) from twenty percent of his net income ($272). That is:-

$272 - $116 = $156

Therefore the largest monthly payment that David can afford for the television set in order for his credit card payments and student loan to keep him within a safe debt load of 20% is $156.

6 0
3 years ago
Read 2 more answers
According to economists, one of the reasons for an increasing number of
Bad White [126]
B The cost of living has risen faster than the amount people get paid. That is why they want to raise minimum wage to $15 per hour.
5 0
3 years ago
​​Marlin lives in a country where individuals may own their own property and the factors of production, however, the government
Anna11 [10]

Answer:

The correct answer is mixed.

Explanation:

In a mixed economy, most economic decisions are resolved through the interaction of sellers and consumers in the market (supply and demand law). However, the State has an essential complementary role.

Therefore, in this mixed system, most decisions are made by private agents of the economy (households and businesses), who decide what, how and where to produce. But at the same time, the actions of the State are also present, covering market failures, such as providing the public with public goods or redistributing wealth through taxes and subsidies to establish a more equitable society.

6 0
3 years ago
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