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Effectus [21]
3 years ago
11

he following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.T

otal assets $300,000Stockholders' equity—common 150,000Total stockholders' equity 200,000Sales revenue 100,000Net income 25,000Number of shares of common stock 6,000Common dividends 6,000MC: 199 (count)Preferred dividends 4,000What is the return on common stockholders' equity ratio for Benedict?a. 16.7%b. 14.0%c. 12.7%d. 10.5%
Business
1 answer:
ra1l [238]3 years ago
5 0

Answer:

b. 14.0%

Explanation:

NET INCOME  

Sales  $ 100.000

Net Income  $ 25.000

Preferred Stock  -$ 4.000

Net Income to Stockholders' equity—common $ 21.000   14%

Net Income to Stockholders         $ 21.000

                                                      ===========  =   14%

Stockholders' equity—common    $ 150,000

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If $ 9 comma 000 is invested in a certain business at the start of the​ year, the investor will receive $ 2 comma 700 at the end
laiz [17]

Answer:

NPV= 1,036.16

Explanation:

Giving the following information:

Initial investment= $9,000

Cash flows= $2,700 at the end of each of the next four years.

Interest rate= 3%

To calculate the net present value (NPV), we need to use the following formula:

NPV= -Io + ∑[Cf/(1+i)^n]

Cf1= 2,700/1.03= 2,621.36

Cf2= 2,700/1.03^2= 2,545

Cf3= 2,700/1.03^3= 2,470.88

Cf4= 2,700/1.03^4= 2,398.92

Total= 10,036.16

NPV= -9,000 + 10,036.16

NPV= 1,036.16

3 0
2 years ago
What effects did the great depression have on the credit industry
NikAS [45]
It expanded the credit industry because all americans credit was effected by the great depression

8 0
3 years ago
Read 2 more answers
Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years a
nexus9112 [7]

Answer:

A= $4,838.95 monthly

Explanation:

Giving the following information:

She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time.

First, we need to calculate the amount needed for retirement:

FV= 10,000*12*20= 2,400,000

Now, we can use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

Effective rate= 0.02/12= 0.0017

n= 12*30= 360

A= (2,400,000*0.0017)/[(1.0017^360)-1]

A= $4,838.95 monthly

3 0
3 years ago
Una empresa con fecha 01/05 tiene unas existencias iniciales de 100 unidas de productos a un precio de 5€/ud. Realiza una compra
laila [671]

Answer:

FIFO 480 euros

LIFO 400 euros

PMP 460 euros

Explanation:

Unidades disponibles:

100 existencia inicial

300 compra

FIFO

Primero se venden las unidades de existencia inicial y luego las de la compra:

100 existencia inicial y 220 de la compra.

Inventario final: 80 unidades a 6 euros cada una = 480 euros

LIFO se vende primero la compra:

300 de compra y 20 de existencia inicial

Inventario final 80 unidades a 5 euros cada una = 400 euros

Costo Promedio Ponderado:

100 unidades a 5 + 300 a 6 = 500 + 1800 = 2300 euros

400 unidades costaron 2300 euros

en promedio: 2300 / 400 = 5.75

inventario final 80 unidades a 5.75 = 460 euros

5 0
2 years ago
Your investment club has only two stocks in its portfolio. $10,000 is invested in a stock with a beta of 0.4, and $40,000 is inv
pav-90 [236]

Answer:

Portfolio's beta is 1.04.

Explanation:

Portfolio's beta is the weighted average beta. So, take weightage of each stock, multiply it with the respective beta, and add the results.  

Finding Portfolio value for Weightages:

Total Amount Invested OR Portfolio value is = 10,000 + 40,000 = $50,000

Weighted Average Beta:

(10,000 / 50,000) * (.4) + (40,000 / 50,000) * (1.2) = .08 + .96 = 1.04.

Thanks!

5 0
3 years ago
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