Answer: $3,000,000
Explanation:
From the question, we are informed that a company's capital budget is expected to be $5,000,000 and that the company's target capital structure is 70 percent debt and 30 percent equity.
Equity = 30% × $5,000,000
= 30/100 × $5,000,000
= 0.3 × $5,000,000
= $1,500,000
Debt = 70% × $5,000,000
= 70/100 × $5,000,000
= 0.7 × $5,000,000
= $3,500,000
We are further told that the company's net income is $4,500,000 and since we be calculated the equity that will be needed to finance the capital budget as $1,500,000. Therefore, portion of its net income should it pay out as dividends this year will be:
= $4,500,000 - $1,500,000
= $3,000,000
In this scenario, the employees of Joe's restaurant are engaged in work processes.
All of these employees have specific duties within their job that they need to finish. Each of them does something different, so that they can cooperate and finish the job faster. They perform various tasks with the aim to produce great results for their restaurant.
Answer:
.20
Explanation:
=> r(corp) = rf + ip + Ip + drp + mrp , so 5.10% = 2.50% + 1.50% + 0.50% + drp + [(5-1) * 0.1]%, now solving the equation for drp, we get = 5.10 - 2.50 -1.50 -0.50 - 0.4 = 0.20%
Answer: $9,600
Explanation:
Past-due accounts written off = Beginning Allowance balance + Bad Debts expense - Ending Allowance Balance
= 6,300 + 11,400 - 8,100
= $9,600
<span>The fact that baby Alec continues to fuss for over 5 minutes when his brother takes away a toy that he enjoys playing with is an example of </span>object permanence. The object permanence is used to describe a <span>developmental milestone in infants. According it babies know that </span>objects continue to exist even when they cannot be observed.
