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Dennis_Churaev [7]
3 years ago
11

Pettijohn Inc. The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization

charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. Refer to the data for Pettijohn Inc. What is the firm's dividends per share
Business
1 answer:
Tom [10]3 years ago
8 0

Answer:

The appropriate solution is "$2.91". A further explanation is given below.

Explanation:

Seems that the given question is incomplete. Below is the attachment of the full problem.

According to the question,

Common dividend,

= 509.83

Shares outstanding,

= 175

Now,

The dividend per share will be:

=  \frac{Common \ dividend}{Shares \ outstanding}

On substituting the values, we get

=  \frac{509.83}{175}

=  2.9133

or,

=  2.91

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How is bohr model better than the rutherford model?
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6 0
4 years ago
Suppose that Allison has an accounting degree, but she lost her job two months ago when her company merged with another firm. Al
torisob [31]

Answer:

underemployed

Explanation:

From the question we are informed about Suppose that Allison has an accounting degree, but she lost her job two months ago when her company merged with another firm. Allison hasn't been able to find another accounting job, so she has taken a part-time job as a sales clerk at a clothing store. The Bureau of Labor Statistics classifies Allison as underemployed. Underemployment as regards Bureau of Labor Statistics can be regarded as one that measure employment and labor utilization in a particular economy which looks the way and how well the labor force is being utilized as regards

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5 0
3 years ago
A company would repurchase its own stock for all of the following reasons except a. it needs the stock for employee bonuses. b.
seraphim [82]

Answer:

The correct answer is letter "B": it wishes to make an investment in its own stock.

Explanation:

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3 0
3 years ago
On August 2, Jun Co. receives a $6,000, 90-day, 12% note from customer Ryan Albany as payment on his $6,000 account receivable.
earnstyle [38]

Answer:

The journal entry for the following economic activity is given below.

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Date                     Account Title                                           Dr             Cr

Oct 31                    Cash                                                      6,180

                                  Notes receivable                                             6,000

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5 0
3 years ago
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