Answer:
2400
Explanation:
The HHI is calculated by squaring the market share of each firm in the industry.
30² + 25² + 25² + 15² + 5² = 2400
Answer:
$121
Explanation:
Change in net working capital is calculated as ; Working capital(Current year) minus Working capital (Previous year)
Since we are considering 2019,
•Current assets in 2018 = Cash + accounts receivable + inventory
= 190 + 684 + 918
= $1,792
•Current liabilities in 2018 = Accounts payable + notes payable
= $788 + $306
= $1,094
Working capital(previous year)
= $1,792 - $1,094
= $698
•Current assets in 2019 = Cash + Accounts receivable + inventory
= 190 + 726 + 1,023
= $1,939
•Current liabilities in 2019 = Accounts payable + notes payable
= 818 + 302
= $1,120
Working capital(current year)
= $1,939 - $1,120
= $819
Therefore,
Changes in net working capital
= $819 - $698
= $121
Answer:
$30,000 in total
Explanation:
The annual dividend on preferred stock can be determined based on the dividend rate, in other words, the annual dividend is the dividend rate multiplied by the face value of the preferred stock as shown thus:
annual dividend on preferred stock=number of preferred shares outstanding*par value per share*dividend rate
number of preferred shares outstanding=5,000
par value per share=$100
dividend rate=6%
50,000 shares refer to the number of common stocks outstanding
annual dividend on preferred stock=5000*$100*6%
annual dividend on preferred stock=$30,000
dividend per share=$30000/5000=$6
Answer:
$139,000
Explanation:
The computation of the retained earnings balance at December 31, 2019 is shown below:
= Beginning retained earning balance + depreciation charged yearly + net income - cash dividend paid
= $60,000 + $12,000 + $100,000 - $33,000
= $139,000
The depreciation in yearly is
= $1,000 × 12 months
= $12,000
Basically we applied the above formula to determine the ending balance
Answer:
The company's residual operating income (ROPI) for 2017 is $9,960. The right answer is D.
Explanation:
In order to calculate the company's residual operating income (ROPI) for 2017 we would have to use the following formula:
Company's Residual operating Income = NOPAT - [ WACC x NOA at beginning ]
Where, NOPAT = Net operating profit after tax for 2017 = $10,200, WACC = weighted average cost of capital = 6%
NOA at beginning = Net operating assets at beginning of the year (NOA of 2016 closing) = $18,800 - $14,800 = $4000
Therefore, Company's residual operating income = $10,200 - [ 6% x $4000 ] = $9,960