Which one has the objective of "long-term financial success"?

Omega Inc. expects its net income to be $525,000 this year. The firm's dividend payout ratio is 60 percent. The firm is financed

REY [17]

Answer: $700,000

Explanation: Retained earnings is the amount of earnings left with the company after paying for dividends of common stockholders.

Retained earnings break even can be computed as follows :-

$Break\:even=\frac{retained\:earnings}{equity\:ratio}$

where,

retained earnings = net income (1- payout ratio)

= $525,000 (1 - 60%)

= $210,000

therefore,

$Break\:even=\frac{210,000}{0.3}$

=$700,000

3 0

3 years ago

All-Star Automotive Company experienced the following accounting events during 2018: Performed services for $25,000 cash. Purcha

Mariana [72]

Answer & Explanation:

Operating Activities

services collected 25,000

salaries paid (14,000)

utilities paid (2,800)

cash generated from operating activities 8,200

Investing activities

proceeds from land 9,000

purchase of land (6,000)

cash generated from investing activities 3,000

Financing Activities

issuance of stocks 50,000

bank loan 5,000

payment on loan (10,000)

dividends paid (5,000)

cash generated from financing activities 40,000

Total cash generated for the year ended December 31th, 2018 51,200

beginning balance 9,200

ending balance 60,400

Notes: Activities related to the daily operation wil lbe operating activities.

The transaction involving long-term assets will be investing activities

The stocks, dividends and loan, loan payment are financing activities for the company.

5 0

3 years ago

The product of 59,736 and 600 is

Juli2301 [7.4K]

Answer:

D

Explanation:

59763*600=35,841,600

6 0

3 years ago

How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wh

ExtremeBDS [4]

How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company?

A general ledger account is used to record transactions that a company has. A trial balance has all of the general ledger accounts listed shows all of the debits and credits that a company has faced. A retail store will have smaller product transactions over a wholesale store due to the wholesale store selling in bulk. There will likely be more credits and debits for a retail store whereas a wholesale store may have more debits as they are less likely to have returns.

How will they differ for a hospital or a government unit?

A hospital or government unit will have vastly different general ledger reports due to the type of agency they are. These transactions will deal more with insurance or big dollar companies rather than individuals on a smaller scale. A trial balance is not a financial statement but it used to show balances that an organization has.

7 0

3 years ago

Axiom International wants to expand its operations to a country that is politically, culturally, and economically different from

alex41 [277]

Answer:

B. Joint venture

Explanation:

Since what Axiom needs is a mode of entry which would give it access to local knowledge, allow sharing of development costs and risks, and also be politically acceptable then joint venture would be the most suitable.

Joint venture is a businesssituation where two or more parties join resources together to accomplish a specific task

5 0

3 years ago