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san4es73 [151]
3 years ago
6

Helmuth Inc's latest net income was $1,250,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its i

ncome. What dividend per share should it declare? a. $2.14 b. $2.50 c. $2.26 d. $2.63 e. $2.38
Business
1 answer:
QveST [7]3 years ago
4 0

Answer:

b. $2.50

Explanation:

Dividend paid = 45%*12,50,000

                        = $562500

dividend per share = 562500/225000

                                = $2.50

Therefore, The dividend per share should it declare is $2.50

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The following information is available from the records of a manufacturing company that applies factory overhead based on direct
WITCHER [35]

Answer:

The manufactured overhead was under-estimated.

Explanation:

Giving the following information:

The actual manufacturing overhead costs incurred were $515,000.

Estimated Manufacturing overhead was $500,000.

Overhead allocation is the distribution of indirect costs to produced goods. When the administration has undervalued and under-funded the amount of money needed for non-production costs, they have under-allocated overhead.

<u>Over applied manufacturing overhead:</u>

<u></u>

Applied overhead>Actual overhead

<u>Under applied manufacturing overhead:</u>

Applied overhead<Actual overhead

In this exercise:

Actual manufacturing overhead - Estimated Manufacturing overhead= 515000- 500000= 15000

The manufactured overhead was under-estimated.

8 0
3 years ago
Which of the following terms refers to the process of converting a not-for-profit stock exchange owned by its members to a for-p
poizon [28]

Answer and Explanation:

e. Demutualization

7 0
3 years ago
The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep
Mademuasel [1]

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units  Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units  for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

4 0
3 years ago
Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for C
yarga [219]

Answer:

$8

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

Consumer surplus = willingness to pay - price

The consumer surplus of the 10th scarf :

Willingness to pay for the 10th scarf - price of the scarf

Willingness to pay for the 10th scarf =  $200 / 10 = $20

Consumer surplus = $20 - $12 = $8

I hope my answer helps you

5 0
3 years ago
Read 2 more answers
What is a digital footprint?
mrs_skeptik [129]
<span>A digital footprint is information about a particular person that exists on the web as a result of their internet activity.</span>
4 0
3 years ago
Read 2 more answers
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