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
trapecia [35]
2 years ago
10

What is the plowback ratio for a firm that has earnings per share of $12.00 and pays out $4.00 per share as dividends?

Business
1 answer:
liubo4ka [24]2 years ago
8 0

Answer:

66.67%

Explanation:

A firm has an EPS of $12

The dividend paid is $4

The first step is to calculate the payout

= 4/12

= 0.3333×100

= 33.33

Therefore the Plowback ratio can be calculated as follows

= 1-33.33%

= 0.667×100

= 66.67%

Hence the Plowback ratio is 66.67%

You might be interested in
Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $140 each. Direct materials cost $22 per
Darina [25.2K]

Answer:

43.57 %

Explanation:

The computation of the gross margin for the cat condos is given below:

Total Manufacturing Cost per unit is

= Direct materials + Direct labor + Manufacturing overhead  

=  $22 + $15 + ( 280% of $15)

= $79

Now

Gross Profit is

= Selling price per unit - Total Manufacturing Cost per unit

= $140 -  $79

= $61

And finally

Gross Profit Margin is

= (Gross Profit ÷ Selling Price ) × 100

= ($61 ÷ $140) × 100

= 43.57 %

8 0
2 years ago
Which of the following would be the most beneficial college course for an aspiring photojournalist to take?
Arte-miy333 [17]

Answer:

d

Explanation:

6 0
2 years ago
Read 2 more answers
A nation reaches its steady state equilibrium when
lana66690 [7]
Consumption is maximized
4 0
3 years ago
R(0,t) is the Spot Zero-Coupon (or Discount) Rate. It is the annualized rate on a pure Unit Discount bond B(0,t) - the bond that
nikitadnepr [17]

Answer:

0.368

Explanation:

Price of B(0,13) = 1 / (1 + interest rate)^years

Price of B(0,13) = 1 / (1 + 8%)^13

Price of B(0,13) = 1 / (1+0.08)^13

Price of B(0,13) = 1 / (1.08)^13

Price of B(0,13) = 1 / 2.7196237

Price of B(0,13) = 0.3676979247

Price of B(0,13) = 0.368

8 0
2 years ago
Which of the following is not correct? Select one: a. Taxes levied on sellers and taxes levied on buyers are not equivalent. b.
liq [111]

Answer:

The correct answer is option a.

Explanation:

Taxes levied on either buyers or sellers are equivalent. In both cases, the tax creates a wedge. This wedge is the difference between the price that the buyers have to pay and the price that the sellers receive.  

The price that the buyers have to pay increases while the price that the sellers receive decreases. But this tax wedge does not depend on whom the tax is levied, it depends on the elasticity of demand and supply. So whether the tax is levied on buyers or sellers, the tax wedge will remain the same.

The tax burden will be shared between both buyers and sellers. So it is incorrect to say that the taxes levied on sellers and taxes levied on buyers are not equivalent.

8 0
2 years ago
Other questions:
  • A magician's goal is to get the audience to focus on one aspect of his demonstration while he manipulates another. this is easy
    9·1 answer
  • A company reported annual wages expense of $348,000 and insurance expense of $42,000. During the year, wages payable decreased f
    8·1 answer
  • A 5.5%, 20-year municipal bond is currently priced to yield 7.2%. For a taxpayer in the 33% marginal tax bracket, this bond woul
    15·1 answer
  • Which of the following is viewed as the riskiest and most costly form of international expansion? Multiple Choice Joint venture
    14·1 answer
  • What did passage of NAFTA do?
    8·2 answers
  • The average life expectancy of tires produced by the Whitney Tire Company has been 40,000 miles. Management believes that due to
    15·1 answer
  • Where could student researchers and/or student subjects find additional resources regarding the IRB approval process? (There may
    6·1 answer
  • John is the owner of the restaurant, The Round. He decides to increase employee motivation by introducing benefit packages. Howe
    15·1 answer
  • The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement
    8·1 answer
  • Which of the following statements is TRUE? *
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!