Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000
Sales returns and allowances $ 20,000
Sales discounts 4,900
Sales salaries expense 10,900
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances= (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100
Answer: a. $1,500
Explanation:
Working capital is calculated by deducting current liabilities from current assets. It is meant to show the operating liquidity of a company within a period.
Working capital = Current assets - Current liabilities
= 5,000 - 3,500
= $1,500
Answer:
Consider the following calculations
Explanation:
A. Dividend per Share = Dividend Payout Ratio * Earnings Per Share
Putting the values given to calculate dividend per share we get,
Stages DPS = Payout Ratio * EPS DPS
Stage 1 =0.00*$0.30 $0
Stage 2 = 0.13*1.95 $0.25
Stage 3 =0.31 * $ 2.80 $0.868
Stage 4 = 0.56*$3.40 $1.90
b. Calculation of Investors After Tax Income from Cash Dividend:-
Cash Dividend = Number of Shares * DPS in Stage IV
= 290 * $ 1.90
= $552.16
After Tax Income = DIvidend ( 1 - Tax Rate)
= $ 552.16 ( 1- 0.15)
= $ 469.34
C:- In Stage II and Stage III for Growth & Expansion respectively, the firm is likely to utilise stock dividend or stock split.
Answer:
High
Low
Explanation:
When a company borrows funds it has opportunity to avail tax shield on the interest amount of the borrowing fund. If the company borrows more fund then the discounted value of tax shield will increase while the financial distress cost will decrease.
Answer:
Repeating of elements in a design.
Explanation:
Repetition is defined as repeating a single element several times in a design. In arts, repeat patterns are used by the artists. Repeat Pattern is the repetition of lines, shapes, colors, textures and forms. Artists and designers used patterns to discover their decorative style, to understand their structural form and to communicate their intrinsic beauty so for these reasons repetition is used.
