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Zolol [24]
3 years ago
11

n its 2016 annual report, Lockheed Martin reports net earnings of $5,302 and dividends paid of $2,048. Your forecast of the net

income for Lockheed Martin for 2017 is $5,504. What are the projected dividends for the company for 2017
Business
1 answer:
KiRa [710]3 years ago
5 0

Answer:

$2,126 million

Explanation:

Calculation for the Projected dividends for 2017

Using this formula

Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )

Let plug in the formula

Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)

Projected dividends for 2017=$5,504 million×0.38626933

Projected dividends for 2017 = $2,126

Therefore the Projected dividends for 2017 will be $2,126 million

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Answer:

(2) 4%

Explanation:

The portfolio is considered to be less risky if its volatility is low. The higher standard deviation the more risky is the project. For Duke Energy and Microsoft the investment portfolio required is risk free investment. To calculate the risk free rate we calculate using the formula;

Var Rp = x1 2Var R1 + x2 2Var R2 +2 x1 x2 Corr (R1, R2) SD1 SD2

Var Rp = 0.14 + 0.44 + 2 (1) * (-1) * 6% * 24%

Solving for this we get the risk free investment at 4%.

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3 years ago
You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $33,000. You
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Answer:

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3 years ago
What will you need to create a lemonade stand?
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4 0
3 years ago
Read 2 more answers
During 2020, Concord Corporation acquired a mineral mine for $3700000 of which $395000 was ascribed to land value after the mine
Ivanshal [37]

Answer:

$429,650

Explanation:

Cost of Mineral Mine             $3,700,000

Less: Ascribed Land Value   <u>$395,000</u>

Depletionable Value             <u>$3,305,000</u>

No of units can be extracted from Mine = 10,000,000 units

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Depletion Value = $3,305,000/10,000,000 * 1,300,000

Depletion Value = $429,650

6 0
3 years ago
During a company's first year, the asset account, Office Supplies, was debited for $3,900 for the purchases of supplies. At year
fiasKO [112]

Answer:

The adjusting entry will be shown below:

Explanation:

The adjusting journal which is to be recorded in the following case will be:

Office Supplies expense A/c..............................Dr  $2,275

          Office Supplies A/c.........................................Cr   $2,275

As the amount $3,900 is already debited and at the year end, the remaining amount of office will be posted to the account of the office supplies expense against the office supplies account.

Working Note:

Amount = Debited amount of office supplies - Offices supplies on hand

= $3,900 - $1,625

= $2,275

5 0
3 years ago
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