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Alenkasestr [34]
3 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]3 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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Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual
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Answer:

$6,400 U

Explanation:

With regards to the above information, we would calculate first the earned value.

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= $27,500 × 6

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= $165,000 - $171,400

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Here, we have an unfavourable variance because the company incurred more of the cost than it should be .

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3 years ago
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ryzh [129]

Answer:

$33,750

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8 0
3 years ago
the present value of a future sum decreases as either the discount rate or the number of periods per year increases, other thing
Katena32 [7]

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4 0
1 year ago
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Answer:

Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).

So Lionel will be able to deduct $1,650 as interest expense (above the line deduction).

Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.

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3 years ago
The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the
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Explanation:

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