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
ra1l [238]
3 years ago
13

Dentaltech Inc. projects the following data for the coming year. If the firm follows the residual dividend policy and also maint

ains its target capital structure, what will its payout ratio be?
Business
1 answer:
sleet_krkn [62]3 years ago
3 0

Answer:

37.2%

Explanation:

Payout ratio is the rate at which a firm distributes its net income. The payout ratio can be calculated as;

Payout Ratio = Dividends declared / Net Income

Payout ratio =  $74,400 / $200,000 = 37.2%

Dentaltech Inc. has payout ratio of 37.2%

You might be interested in
Individuals and companies respond to incentives in order to allocate their scarce resources in ways that provide the __________
MakcuM [25]
Lowest because to show how scarce it is it will have to be low 
7 0
3 years ago
Read 2 more answers
Over the past year, you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period.
zimovet [89]

Answer:

exact actual growth rate of your purchasing power was 4.8%

Explanation:

given data

nominal rate of interest = 10%

inflation rate =  5%

solution

we get here exact actual growth rate that is express as

exact actual growth rate = \frac{1+rate\ of\ interest}{1+inflation\ rate} - 1      ..........................1

put here value and we will get

exact actual growth rate = \frac{1+0.10}{1+0.05} - 1

exact actual growth rate = 4.8 %

so here exact actual growth rate of your purchasing power was 4.8%  

3 0
3 years ago
Of money's three functions, the one that distinguishes money from other assets is its function as a a. store of value. b. unit o
tiny-mole [99]

The one that distinguishes money from the other assets is that it is used as a medium of exchange

Explanation:

Money is one of the most important factor in our day to day lives it has become as defining the country's economic standard and it is widely accepted all over the world

Money is used as the medium of exchange because we can buy all the necessary things using the money and can use it as a medium to exchange of goods and services. There are also other important functions as the method of comparing the values

4 0
3 years ago
Suppose that $2000 is loaned at a rate of 11.5% , compounded semiannually. assuming that no payments are made, find the amount o
Zolol [24]

This problem is solved by using the compound interest formula:
 A=P(1+(I/period))^(number of periods)
 Where A = amount accumulated and P = amount loaned and I = Interest 
 A = ? P = $2, 000, I = 0.115, Period = 2 (semi annually) Number of period = 2
*7 (I. e paid twice over a 7 yrs span) 
 So we have 
 A = 2000 ( 1 + 0.115/2)^(14)
 A = 2000 ( 1 + 0.0575)^(14)
 A = 2000 (1.0575)^(14)
 A = 2000 (2.1873851765154) = 4374.77035
 So we have 4374.80 to the nearest cent.
6 0
3 years ago
Which of the following is the correct formula for profit?
Lisa [10]

Answer:

(Sales volume * Price) – (Variable costs + Fixed costs)

Explanation:

Profit is equal to Total sales less Total costs .

Here, Total costs is the addition of Variable and Fixed costs

(Sales Volume x Price) - (Variable Costs + Fixed Costs).

3 0
3 years ago
Other questions:
  • A monopolistically competitive firm is operating in the short run at the optimal level of output and is earning negative economi
    12·1 answer
  • What proportion of overweight u.s. adults have maintained at least a 10% weight loss for at least a year?
    14·1 answer
  • Margaret was convinced to enroll in a private, for-profit college to learn how to be a psychologist's assistant. She borrowed $2
    15·1 answer
  • A stadium estimates its administrative costs for three sponsorships to be $12,000, $27,000, and $63,000. Revenue from the sponso
    8·1 answer
  • If a baker notifies you that he will not deliver the bread for your restaurant. You must try to find bread even if it costs more
    10·1 answer
  • Jack and Mary, a married couple, report taxable income of $280,000, which includes $200,000 from Jack's solely owned S corporati
    8·1 answer
  • Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
    11·1 answer
  • 1. It is said that a delay in critical path activity will delay the project, while a delay in a noncritical path activity will n
    15·1 answer
  • Discord? anyone? 0_0'
    7·2 answers
  • Which are types of income tax that people pay? Check all that apply.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!