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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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Answer:

Explanation:

Workable ethical theory that was violated was the ideology of justice. However if we look at SECE and IEEE COE, the clauses that have been violated are

SECE: Clause g. “Software engineers shall be fair to and supportive of their colleagues”

IEEE COE: Clause 3. “To be honest and realistic in stating claims or estimates based on available data”

By taking a gold spot instead of a green spot that he was entitled he has violated the overall rights of justice and has not supported his colleagues. He also has not been honest in his claims.

However, considering the overall view of ethics, the student did not have any choice and he did the right thing by parking at whichever spot available.

6 0
4 years ago
What is a customer retention?
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Answer:

Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.

Explanation:

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3 years ago
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Josh, an electronics retailer, noticed that the e-commerce business was booming. He started an online shopping website to take a
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Answer:

Entrepreneurial alertness.

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3 years ago
Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 244 million barrels of oi
lisov135 [29]

Answer:

Explanation:

Number of completed barrels = 216 + (244-216)*60%

= 233 barrels

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4 0
3 years ago
A company factored $40,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
bezimeni [28]

Answer:

Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000

Explanation:

Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.

3 0
3 years ago
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