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fgiga [73]
3 years ago
8

Peggy Grey's Cookies has net income of $400. The firm pays out 30 percent of the net income to its shareholders as dividends. Du

ring the year, the company sold $85 worth of common stock. What is the cash flow to stockholders
Business
1 answer:
andreev551 [17]3 years ago
3 0

Answer:

Cash flow = $35

Explanation:

Cash flow= Payout ratio*net income-price of stock= 0.30*400-85=35

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The balance in the office supplies account on January 1 was $7,900, supplies purchased during January were $3,000, and the suppl
Scorpion4ik [409]

Answer:

8400

Explanation:

The office supplies on Jan 1 was $7900

Supplies purchased during January was $3000

The supplies at hand in January Is $2500

$7900+$3000

= $10,900

= 10,900-2500

= 8,400

Hence the appropriate adjusting entry is $8400

8 0
3 years ago
The following information pertains to JAE Corp. at January 1, 2018:
son4ous [18]

Answer:

Issued shares =5000

Outstanding shares = 4700

Explanation:

Jan-1 Issued shares = 2000 shares

During year 3000 shares were issued.

a.) Outstanding shares =?

we know that Outstanding shares = issued stock -repurchased shares- treasury stock

                =   2000+3000-500+200

                = 4700 shares.

b.) Shares of common stock issued=?

     Number of issued shares = 2000+3000 = 5000 shares.

    Number of outstanding shares will always be less than issued shares.

8 0
3 years ago
Is there a difference in the average donation given in Presbyterian vs Catholic church on Sundays? The 41 randomly selected memb
Ugo [173]

Answer:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

Explanation:

Since the p>0.05,we do not reject H0 .There is insufficient evidence to conclude that there is a difference in the average donation given in Presbyterian vs Catholic church on Sundays.

Please see calculation attached .

8 0
4 years ago
If you enter the teaching profession, you will have no money for vacations; and if you do not enter the teaching profession, you
dimulka [17.4K]

Answer:

True

Explanation:

This is an example of Constructive dilemma. It is a true rule of inference of propositional logic. It infers that, if P implies Q and R implies S and either P or R is true, then either Q or S has to be true. Therefore entering the teaching profession, means no money for vacations; and not entering the teaching profession, means no time for vacations. If you must either enter or not enter the teaching profession, it follows that either you will have no money or no time for vacations.

3 0
3 years ago
Suppose the rate of return on a 10-year T-bond is currently 5.00% and that on a 10-year Treasury Inflation Protected Security (T
olganol [36]

Answer:

1.90%

Explanation:

For TIPS provide rate of real rate,

Inflation rate=return on T bond-return on TIPS-maturity risk premium and it is equal to

= 5%-2.10%-1%=1.90%.

Therefore the expected rate of inflation over the next 10 years is 1.90%

3 0
3 years ago
Read 2 more answers
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