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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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As suggested by president john. f. kennedy, the consumers’ right to be _____ states that consumers should be assured that the go
Oxana [17]
<span>Of the four rights that Kennedy mentioned, this would be the right to safety. He felt that products should be made in a way that they would not hurt someone who used it in the proper manner. The other rights he mentioned were the rights of being informed, rights to choose, and rights to be heard.</span>
7 0
3 years ago
Other things held constant, which of the following events is most likely to encourage a firm to increase the amount of debt in i
True [87]

Answer: Option (c) is correct.

Explanation:

Correct Option: The corporate tax rate increases.

If there is an increase in the corporate tax rate then this will induce the firms to increase the amount of their debt. This is due to the fact that the firms with more debt are going to pay less tax because of the large interest expense. Due to large interest expenses, their income before tax reduces.

Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.

8 0
3 years ago
Marv's Furniture and Fixtures produces seats for movie theaters. Listed below are selected cost items for the seat production. C
MatroZZZ [7]

Answer:

Fixed cost is the one which remains fixed and doesn't changes within a range of level of activity changes which includes Factory property taxes (doesn't changes with furniture manufacturing), accounting staff salaries (doesn't changes with furniture manufacturing), sales office rent (doesn't changes with furniture manufacturing), Sales manager salary and Depreciation on factory equipment.

On the other hand, the variable cost changes with the change in the level of activity and this includes fabric for seats (greater usage for greater amount of seats), assembly labor and sales commissions paid.

Period cost is the cost that is associated with the passage of time and increases with the passage of time and is not dependent on level of activity.

This includes Factory property taxes, accounting staff salaries, sales office rent, Sales manager salary and Depreciation on factory equipment.

Product cost is the cost that is associated with costs that are directly linked with manufacturing of the product. This includes all the variable overheads, specific fixed cost and variable costs. The examples include Fabric for seats and Assembly labor.

5 0
2 years ago
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations a
Finger [1]

Answer:

Tiger Furnishings

The predetermined overhead rate

= $34.30 per direct labor hour

Explanation:

a) Data and Calculations:

                                            Basic       Dominator       Total

Units produced                  950            500            1,450

Machine-hours               3,200         2,400           5,600

Direct labor-hours          2,700           1,100           3,800

Direct materials costs $9,600       $3,900       $13,500

Direct labor costs        63,700        37,700        101,400

Manufacturing overhead  costs                         130,340

Total costs                                                      $245,240

b) Computation of the Predetermined overhead rate

= Total manufacturing overhead costs divided by total direct labor hours

= $130,340/3,800

= $34.30 per direct labor hour

6 0
3 years ago
Gordon is over 65 what is his adjusted gross income
fgiga [73]

Answer:

huh

Explanation:

hbybibhbil

4 0
2 years ago
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