1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

3 0
3 years ago
The Great Fish Taco Corporation currently has fixed operating costs of $15,000​, sells its​ pre-made tacos for $6.00 per​ box, a
Makovka662 [10]

Answer: The Break-Even Point will reduce from $4,285.71 to $4,125

Explanation:

To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.

The Contribution Margin is the Selling Price minus the Variable Cost.

For Scenario 1 the Break-Even Point will be,

= 15,000 / ( 6 - 2.50)

= $4,285.71

For Scenario 2 the Break-Even Point is,

= 16,500 / 6.5 -2.5

= $4,125

The Break-Even Point for Scenario 2 means that even though the higher Fixed Costs could have led to a higher Break-Even Point, the higher price contributed more than the fixed costs did and led to an ultimately lower Break-Even Point than the first Scenario.

3 0
2 years ago
briefly explain what you consider an entrepreneur to be and describe the three most important attributes you need to develop to
expeople1 [14]

Answer:

An entrepreneur is a person who finds an economic opportunity in the market, and exploits it for his own benefit and the benefit of his employees and constomers by setting up a firm.

Explanation:

Three characteristic of an entrepreneur:

Opportunity seeking: entrepreneurs "scan" the market, seeking for market niches that have not been exploited.

Work-ethic: entrepreneurship is a difficult task, especially during the first years of the company. It demands very long work hours, and the entrepreneur must be willing to do that in order to be successful.

Risk-taking: entrepreneurs should evaluate risk when taking decisions, but they should not be the most risk-averse indidivuals. They have to take risks in certain situations because otherwise, they would not be able to become entrepreneurs at all.

3 0
2 years ago
The birthday rule is used to determine the:
-Dominant- [34]

Answer:

9.11

xplanation:㏒

The coinsurance amount is 9.11.  

Birthday of the dependent child is 1939-1945.

Date to play a claim is 1914-1918

Primary and secondary policy holders is 7/11.

<h2>Hope this helps! (: STAY SAFE AND BLESSED </h2>
8 0
2 years ago
Carter &amp; Carter is considering setting up a regional lockbox system to speed up collections. The company sells to customers
barxatty [35]

Answer:

c. $40,000

Explanation:

Reduction in Account Receivables          $500,000

($2,500,000 * 20%)

<u>* Interest rate                                               11%          </u>

Annual saving                                             $55,000

Less: Annual cost of system                     <u>-$15,000</u>

Pretax Net annual savings                         <u>$40,000</u>

4 0
3 years ago
Other questions:
  • A(n) _____ is defined as a small number of people with complementary skills who hold themselves mutually accountable for pursuin
    9·1 answer
  • "the two best times to keep your mouth shut are when you're swimming and when you're angry."
    5·1 answer
  • Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but charged the remaining amoun
    6·1 answer
  • Sixteen-year-old Travis Mitchell brought his Pontiac GTO into M&amp;M Precision Body and Paint for body work and a paint job. M&
    14·1 answer
  • For the month of July, Jacobs Company incurs a direct materials cost of $6,000 for 6,000 gallons of paint produced in its Mixing
    12·1 answer
  • A third-grade class spends several weeks learning how to solve story problems (e.g., a girl buys three candy bars for 66 cents a
    8·1 answer
  • People with computer skills and strong backgrounds in mathematics and science will have key tools to succeed in the new global e
    10·2 answers
  • Which of the following are examples of the negative effects associated with government debt? Instructions: You may select more t
    9·1 answer
  • Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of
    6·1 answer
  • If a bond is purchased at a premium, the yield to maturity is A) the same as the current yield. B) lower than the nominal yield.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!