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3 years ago

The following financial information is available for Flint Corporation.

Business

1 answer:

kotegsom [21]3 years ago

3 0

Answer:

dividends payout ratio = total dividends / net income

dividends payout ratio 2016 = $630 / $685 = 0.9197 = 91.97%
dividends payout ratio 2017 = $335 / $605 = 0.5537 = 55.37%

return on equity = (net income - preferred dividends) / average equity

return on equity 2016 = ($685 - $45) / $2,925 = 0.2188 = 21.88%
return on equity 2017 = ($605 - $45) / $2,825 = 0.1982 = 19.82%

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3 years ago

Precision Construction entered into the following transactions during a recent year.

shusha [124]

Answer:

Jan-02

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Dr Bulldozer $ 20,000

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Explanation:

Preparation of the journal entries for each of the above transactions.

Jan-02

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2 years ago

Jamal is using a security classification guide (SCG) to assist in marking information from a source document. Which best describ

Viktor [21]

If Jamal is using a security classification guide (SCG) to assist in marking information from a source document. What describes Jamal's work is: Derivative Classification.

<h3>What is Derivative Classification?</h3>

Derivative Classification can be defined as the process of classifying security information or data so as to enable easy marking of information from the source document or source information.

Based on the information given jamal is making use of Derivative Classification as this will enable him to know whether the information in the document has been classified.

Therefore what describes Jamal's work is: Derivative Classification.

Learn more about Derivative Classification here: brainly.com/question/14294203

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2 years ago

Investors who put their own money into a startup are known as

konstantin123 [22]

Hi there!

Investors who put their own money into a startup are known as angel investors. Also, they are usually family or friends but don't have to be.

The closest answer to angel investors is C. Angels.

I hope that helps u! :)

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3 years ago

Read 2 more answers

Fernando Designs is considering a project that has the following cash flows and WACC data. What is the project's discounted payb

bezimeni [28]

Answer:

Discounted Payback period 3 years

Modified Internal rate of return 4.833%

Explanation:

Fernando Designs has following cash flows ,

year 1 : -$900

Year 2 : $500

Year 3 : $500

Year 4 : $500

Using 10% discount factor the cashflows will be,

discounted values

Year 1 : -900

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Year 4 : 4132231

Payback period is -900 + 454.54 +445.45 = 3 years.

Modified Internal rate of return; $\sqrt[n]{\frac{FV of cash inflows}{PV of cash outflow} }$

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3 years ago