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NARA [144]
3 years ago
8

The following financial information is available for Monty Corporation. (in millions) 2022 2021 Average common stockholders’ equ

ity $2,500 $2,600 Dividends declared for common stockholders 300 638 Dividends declared for preferred stockholders 30 30 Net income 500 550Calculate the payout ratio and return on common stockholders’ equity for 2022 and 2021.
Business
1 answer:
WARRIOR [948]3 years ago
8 0

Answer:

2022

Pref share pay out ratio = 0.06

Common Stock = 0.2

2021

Pref share pay out ratio = 0.055

Common Stock = 0.21

Explanation:

Pay out ratio = Dividend Paid or Declared/Net Income

Return on Common stock equity = Net Income/Average common stock

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Designer Dollhouses manufactures dollhouse kits that are meant to be assembled by customers. Each kit sells for $60 and has $12
xeze [42]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Designer Dollhouses manufactures dollhouse kits that are meant to be assembled by customers. Each kit sells for $60 and has $12 in fixed production costs and $10 in variable production costs. Rather tha selling these kits, the firm is thinking about selling the dollhouses fully assembled for $95 each. The variable costs for assembling one dollhouse are expected to be $14.

Contribution margin Kits:

CM= selling price - unitary variable costs

CM= 60 - 12= 48

CM assembled:

CM= 95 - 12 - 14= 69

Effect in Net income= 69 - 48= 21

3 0
3 years ago
How much tax is taken out of a mcdonalds paycheck?
Vadim26 [7]
Well depends on how much you make but when determining what you make multiply It by.8 so like 7.5x.8=5.80
4 0
3 years ago
Read 2 more answers
A toy manufacturer has just learned that the small, button nose on the stuffed teddy bear it produces might detach and become a
ale4655 [162]

Answer:

The correct answer option is B

Explanation:

The company would issue a statement apologizing for the choking hazard and recall the stuffed bears.

A defense strategy is one in which the toy manufacturing company accepts responsibility for a problem, even though they would do the least required to meet societal expectations.

The toy manufacturer might issue a statement apologizing for the choking hazard and recall the stuffed bears. In this case the company has accepted responsibility and done the least required to meet societal expectations.

5 0
3 years ago
Which is the correct order in which a business would collect/analyze data to make decisions A. Knowledge – Business Intelligence
RUDIKE [14]

Answer:

C. Data – Information – Business Intelligence – Knowledge

Explanation:

This is the correct order to collect and analyze data to make decision

5 0
3 years ago
Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
Olenka [21]

Answer:

Part a

Debit : Accounts Receivable $18,000

Debit : Cost of Sales $10,800

Credit : Sales Revenue $18,000

Credit : Inventory $10,800

Part b

Debit : Cash  $16,200

Debit : Discount allowed $1,800

Credit : Accounts Receivable $18,000

Part c

Debit : Accounts Receivable $600

Credit : Cash $600

Explanation:

The perpetual method calculates the cost of sales for each transaction made.

See the journals prepared as above

6 0
3 years ago
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