Answer: Option(A) is correct.
Explanation:
Earnings before tax = $3.90
Tax rate on dividend payment = 12.5%
Corporate Tax rate = 35%
Shareholder holds = 100,000 shares
Earnings after tax = $3.90 × (1 – 35%)
= $2.535
Valiant Corp retained $1 of after tax earnings for reinvestment,
Therefore,
Value available for dividend payment = $2.535 - $1
= $1.535
After tax dividend received by shareholder for one share = $1.535 × (1 – 12.50%)
= $1.343125
Total dividend received by shareholder = 100,000 × $1.343125
= $134,312.50
Answer:
2.20
Explanation:
The formula to compute the total assets turnover ratio is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
= ($670 ÷ $305)
= 2.20
We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed
All other information which is given is not relevant. Hence, ignored it
<span>D) A numerical rating that expresses how likely you are to repay your debts.</span>
All the above policies may be found in Pinpoint Diagnostic Laboratory's Code of Ethics Manual.
<h3>What is a Code of Ethics Manual?</h3>
This refers to a code of conduct spelled out in black and white which every member of an organization must abide by. It is created to ensure the highest levels of professionalism, integrity, and honesty.
It guides the interactions of the employees with:
- Other employees
- Clients and
- the Public
Please see the link below for more about the Code of Ethics Manual:
brainly.com/question/11471972
Answer: A . Meeting of the minds
Explanation: