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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%

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Does this​ "stiff competition" mean that the demand curve for​ McDonald's Chicken McNuggets is​ horizontal? Briefly explain.
blagie [28]

Answer: I found the complete question on Google:

By 2017, McDonald's had stopped selling Chicken McNuggets and other products made from chickens fed antibiotics. The change increased McDonald's costs, but an article in the Wall Street Journal noted that "...McDonald's ability to raise its prices is limited because of stiff competition."Source: David Kesmodel, Jacob Bunge, and Annie Gasparro, "McDonald's to Curb Antibiotics in Chicken," Wall Street Journal, March 4, 2015. Does this "stiff competition" mean that the demand curve for McDonald's Chicken McNuggets is horizontal? Briefly explain.

And the correct answer is: "B. ​No, the demand curve is not horizontal because Chicken McNuggets are not identical to other chicken products.".

8 0
3 years ago
Drag the tiles to the correct boxes to complete the pairs.
aleksandr82 [10.1K]
Tha is thanks for the free 8 points
7 0
2 years ago
To increase the potential for a successful acquisition, a firm should: a. always bid low to allow for partial failure. b. try to
Annette [7]

Answer:

c. screen the foreign enterprise to be acquired.

Explanation:

Growth can occur in two fundamental ways :

  • through acquisition.
  • a company can either grow organically

During the period of acquisition , all the company has an opportunity to share the best practice .

And in this case , the company can have higher profit margins as soon as the inefficiencies are identifies and immediately removed .

8 0
3 years ago
Mayfair Co. completed the following transactions and uses a perpetual inventory system in June.
9966 [12]

Answer:

Journal Entries

Explanation:

The Journal entry is shown below:-

June 4

Accounts receivable Dr,           $650

         To Sales                                    $550

(Being sale of merchandise on credit is recorded)

June 4

Cost of goods sold Dr,               $400

          To Merchandise inventory       $400

(Being cost of goods sold is recorded)

June 5

Cash Dr,                                    $6,693

Credit card expenses               $207

(6,900 × 3%)

          To Sales                                  $6,900

(Being sale of merchandise is recorded)

June 5

Cost of goods sold Dr,               $4,200

          To Merchandise inventory       $4,200

(Being cost of goods sold is recorded)

June 6

Accounts receivable - access Dr,  $5,733

Credit card expenses Dr,                $117

($5,850 × 2%)

                 To Sales                             $5,850

June 6

Cost of goods sold Dr,               $3,800

          To Merchandise inventory       $3,800

(Being cost of goods sold is recorded)

June 8

Accounts receivable - access Dr,  $4,263

Credit card expenses Dr,                $87

($4,350 × 2%)

                 To Sales                             $4,350

(Being sale of merchandise on credit is recorded)

June 8

Cost of goods sold Dr,               $2,900

          To Merchandise inventory       $2,900

(Being cost of goods sold is recorded)

June 13

Allowance for doubtful accounts Dr,  $429

           To Accounts receivable                $429

(Being written off amount is recorded)

June 18

Cash Dr,                                                $650

         To Accounts receivable                    $650

(Being payment for the purchase is recorded)

8 0
3 years ago
You learned about charity as one of the tax deductions that reduce the taxable income of consumers, producers, and businesses. I
Dmitrij [34]

Answer:

Societally speaking, charity giving improves the community at large. Organisations such as homes for the less privileged, foster care homes, motherless babies homes, who are trying hard to make ends meet are usually relieved when reasonable charity donations flow in.

The community is better off with it more charitable givers than less.

At the personal level, people find fulfilment when they give.

It is also theorised that giving for an individual may be stimulated by any of the factors in the first three levels (descending order) of Abraham Maslows Hierarchy of needs.

The factors are:

  1. Self Actualization (becoming one's highest self)
  2. the Satisfaction of self-esteem needs. Many people give in order to feel that their lives are meaningful find happiness in giving. They usually find it.
  3. Others give because due to the need to belong and be accepted

Cheers!

6 0
3 years ago
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