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]
2 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]2 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
The balance sheet above shows the financial situation for the Jamestown National Bank. The central bank has set a required reser
dedylja [7]

Answer: $40,000

Explanation:

Hello. Your question was incomplete as it lacked the balance sheet in question. Luckily I found it and have now attached it.

The question states that the central bank has set a required reserve ratio of 10%. This means that 10% of the deposits at the bank are not to be touched so they cannot loan past 90% of the deposits.

The bank has only $60,000 remaining to loan out as they will not sell their securities.

So we will calculate how much they can loan out thus,

= 60,000 - (200,000 * 10%) to find out what amount cannot be touched

= 60,000 - 20,000

= $40,000

The maximum amount of additional loans the bank in Jamestown can undertake is $40,000.

5 0
2 years ago
On July 4, Blossom's Restaurant accepts a Visa card for a $150 dinner bill. Visa charges a 2% service fee. Prepare the entry on
Tpy6a [65]

Answer:

The journal entry is shown below.

Explanation:

According to the scenario, the journal entry for the given data are as follows:

Journal entry

Jul.4 Cash A/c Dr    $147

        Card charges A/c Dr.   $3

        To Sales revenue A/c   $150

(Being card transaction is recorded)

Computation:

Cash = $150 - 2% × $150 = $147

Card charges = $150 × 2% = $3

3 0
2 years ago
James purchased five bonds of face value of $1,000 that paid 5 percent annual interest rate. the total annual interest income of
oksian1 [2.3K]
250 dollars without compound intrest
3 0
3 years ago
Linear programming, simulation and waiting line theory are most closely associated with which era in the historical development
Strike441 [17]

Answer:

operations research

Explanation:

Operations research -  

It is the research method , which deals with the  application of the analytical method which enables to make good method , is referred to as operations research.

Stimulation , Linear programming and waiting line theory , are under the operations research .

Hence, from the given information of the question,

The correct term is operations research.  

5 0
2 years ago
Firms are unable to calculate accurately how much customers would be willing to pay for any set of activities because the willin
natima [27]

Answer:

e. on intangible factors, perceptions, and multiple parties

Explanation:

Firms are unable to determine accurately how much customers are willing to pay because of intangible factors like taste, preference, and cultural beliefs that are hard to guage.

Also consumers make decisions based on perception of value they will derive from a product.

Finally multiple partners play a role in customer decision, where there are multiple choices in the market consumers have wide variety to choose from.

5 0
2 years ago
Other questions:
  • Business communicators normally use active voice more heavily than passive voice because active voice: a. conveys ideas more viv
    5·1 answer
  • Why should an auditor make decisions in the public interest rather than in the interest of management or current shareholders??
    7·1 answer
  • PharmY, Inc., is a U.S. GAAP reporter that is in the pharmaceutical industry. In the current year, PharmY incurred expenditures
    11·1 answer
  • Eileen is considering assignments, training programs, and development opportunities that she will need in preparation for being
    8·2 answers
  • (a) When an anti-assignment clause exists in a contract, a court will not enforce it because it is against public policy.
    7·1 answer
  • Which of the following is a general two-year college level degree
    5·2 answers
  • Which of the following is recommended when paying a credit card bill?
    11·2 answers
  • Export supply curves are __________________; import demand curves are ___________________.
    5·1 answer
  • Ryan's Express has total credit sales for the year of $189,000 and estimates that 3% of its credit sales will be uncollectible.
    8·1 answer
  • UPS, a delivery services company, has a beta of 1.1, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 4% and th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!