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Delvig [45]
3 years ago
15

Asymmetric Frames Corp. had a return on equity of​ 15%. The​ corporation's earnings per share was​ $6.00, its dividend payout ra

tio was​ 40% and its profitminusretention rate was​ 60%. If these relationships​ continue, what will be United Financial​ Corp.'s internal growth​ rate?A.​8.6%B.​6.0%C.​15.6%D.​9.0%
Business
1 answer:
svet-max [94.6K]3 years ago
7 0

Answer:

D. 9.0%

Explanation:

Provided return on equity = 15% = K_e

Earnings per share = $6.00

Dividend = 40% = $6 \times 0.4 = $2.40

Internal Growth Rate = Cost of equity \times (1 - Dividend payout ratio)

Putting values in above we have

Internal growth rate = 15% \times (1 - 40%)

= 15% \times 60%

= 9%

Therefore, correct option is

D. 9.0%

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Other things equal, cartels and similar collusive arrangements are easier to establish and maintain: Group of answer choices whe
katen-ka-za [31]

Answer:

Option "B" is the correct answer to the following question:

Explanation:

In business or business cycle period Cartels and comparable collusive agreements are simpler to design and implement and maintain during business time or periods of business-cycle stability and high employment, assuming all other factors are equal.

4 0
3 years ago
A machine with a cost of $148,000 and accumulated depreciation of $94,000 is sold for $68,000 cash. The amount that should be re
IRINA_888 [86]

Answer:

Zero

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which records cash payments and cash receipts. Like - collection, wages, etc.  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash .

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

The sale of machine is an investing activity. Hence no amount would be reported i.e zero amount would be recorded

6 0
3 years ago
Compound interest describes increases in value when interest is paid, or compounded, on: ____________ A. Only the original amoun
exis [7]

Answer:

C. The original amount invested and previously paid interest payments

Explanation:

Compound interest is the interest calculations that take into account the principal amount and the interest payment summed up to calculate the subsequent interest payment. For example in year 0 there was an investment of 1000 and 10% interest payable annually,

Year 0 = 1000

Year 1 = 1000 + 100 (here hundred is the interest payment)

Year 2 = 1000 + 100 + 110 (110 is the compounded interest on 1000 +100 from previous periods)

Hope that helps.

8 0
3 years ago
If the paper reports a particular corporate bond price as 79.5, the price an investor would have to pay is ________.
mylen [45]
The answer is an investor would have to pay is $795. A bond quote is the last price at which a bond traded, expressed as a percentage of par value and transformed to a point scale. Par value is generally set at 100, signifying 100% of a bond's face value of $1,000 meaning the price of the bond is quoted as a percentage of $1000. In this case, the price is 79.5% of $1,000 or $795. This would be considered as a discounted bond. 
6 0
3 years ago
If an economy is experiencing a recession, the classical approach to achieving full employment is to:
agasfer [191]
Build up the military 
just like how usa got out of the depression
3 0
4 years ago
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