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MA_775_DIABLO [31]
3 years ago
8

Altamonte Telecommunications has a target capital structure that consists of 55% debt and 45% equity. The company anticipates th

at its capital budget for the upcoming year will be $1,000,000. If Altamonte reports net income of $1,100,000 and it follows a residual dividend payout policy, what will be its dividend payout ratio? Round your answer to two decimal places.
Business
1 answer:
Mazyrski [523]3 years ago
8 0

Answer:

59.09%

Explanation:

Dividend paid:

= Net income - (Weight of equity × Capital budget)

= 1,100,000 - (0.45 × 1,000,000)

= $650,000

Hence,

Dividend payout ratio = Dividend ÷ net income

                                     = $650,000 ÷ 1,100,000

                                     = 59.09%(Approx).(or 0.5909 approx).

Therefore, the dividend payout ratio is 59.09%.

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pshichka [43]

Answer:

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Explanation:

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The philosophy of this approach contains a system that encompasses the organization as an integrated and consistent system, with the participation of people grouped in multifunctional teams, focused on improving management, customer service, training and development that will lead to the continuous improvement of organizational processes. .

Therefore, among the alternatives presented, the one that least fits as a factor that can negatively influence the success of a TQM program is that the tasks demand a lot from the employees, because one of the focus of this approach is the development of skills and abilities of employees in order to generate continuous improvement also of the company's human capital, essential to contribute to the objectives that will generate total quality.

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coomer co had net sales of 600000 net income of 35260 and average total assets of 680000 what is the return on total assets
Charra [1.4K]

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Return on Total assets shows  one the idea of the  profitability of  a company's assets in generating revenue before  interest and taxes. it is expressed in percentage and its formula is given as

Return on Assets = Net Income (Earning before interest and taxes) / Average total assets

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5 0
3 years ago
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FrozenT [24]

Answer:

The correct answer is option b.

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a.true

Because with said the the margin of safety is the amount that sales can drop before the company incurs a loss.

read the question aloud and it will make sense.

4 0
2 years ago
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