Answer:
Difference in retained earnings
= $840,000,000- $825,000,000
= $15,000,000
Dividend paid = Net income - Difference in retained earnings
Dividend paid = $55,000,000 - $15,000,000
Dividend paid = $40,000,000
Explanation:
In this case, there is need to determine the difference in retained earnings, which equal retained earnings at the end minus retained earnings at the beginning.
Dividend paid is calculated as net income minus difference in retained earnings.
The approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.
The bond-yield-plus-risk-premium approach does assumes that cost of equity is closely related to the firm's cost of debt.
- The premium approach does help to determine the value of an assetof a company's such as its traded equity.
However, the approach suggest that a firm's cost of retained earnings can be estimated by adding a risk premium of 3% to 5% points to the before-tax interest rate on the firm's own long-term debt.
Read more about the premium approach:
<em>brainly.com/question/20354983</em>
Answer:
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
<u>Multiple-choices</u>
employee is compensated?
A. Part-time employees should be compensated with a salary
because the number of hours they may work each month
changes
O
B. Part-time employees should be compensated with an hourly wage
because the number of hours they work each month is always the
same.
O
C. Part-time employees should be compensated with an hourly wage
because the number of hours they may work each month
changes
O
D. Part-time employees should be compensated with a salary
because the number of hours they work each month is always the
same.
Explanation:
Part-time workers are called to duty on a need basis. Usually, part-time workers are assigned specific tasks to perform is within a particular duration. Their contribution is measured in terms of hours worked or completed units of output.
Part-time workers contrast with full-time workers who report for duty every working day. Part-time workers are not required to work for certain hours per week or month like full-time workers. The number of hours that a part-time worker works in a week varies from time to time. Therefore, the best way of compensating them is through an hourly rate.
