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Oduvanchick [21]
2 years ago
5

McCann Publishing has a target capital structure of 35% debt and 65% equity.This year's capital budget is $850,000 and it wants

to pay a dividend of $400,000.If the company follows a residual dividend policy,how much net income must it earn to meet its capital budgeting requirements and pay the dividend,all while keeping its capital structure in balance?A) $904,875B) $952,500C) $1,000,125D) $1,050,131E) $1,102,638
Business
1 answer:
Nataliya [291]2 years ago
8 0

Answer:

B) $952,500

Explanation:

Calculation for how much net income must it earn to meet its capital budgeting requirements and pay the dividend

Using this formula

Net income = Dividends + (Capital budget ×Equity)

Let plug in the formula

Net Income=$400,000+($850,000×65%)

Net Income=$400,000+$552,500

Net Income=$952,500

Therefore how much net income must it earn to meet its capital budgeting requirements and pay the dividend dividend,all while keeping its capital structure in balance is $952,500

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DochEvi [55]

Answer:

the best communication skill for a job posting will be (1)written communication

(2)verbal communication

(3)non verbal communication

Explanation:

(1) written communication:  Poor writing not only makes an exchange of ideas and information less efficient, but it will also makes you look unintelligent. Learning to write well has an important side effect; because clear, readable text is also well-organized, straightforward, and concise, learning to write also teaches you to speak and to think better.

(2) verbal also called oral communication skills: Verbal communication skills are probably most important for those in sales, customer service, and public relations, anyone who has to interact face-to-face with supervisors and colleagues needs to be able to express themselves clearly and succinctly.

(3) Nonverbal communication : This includes vocal tone, eye contact patterns, body language, and more. Nonverbal communication often carries more weight than verbal communication and has a much greater impact on rapport and trust. Learn the nonverbal signals you need to present yourself well. And if you have non-standard body language (for example, if you are on the autism spectrum or have a physical disability), you will have to find ways to avoid or correct misunderstanding.

6 0
2 years ago
Suppose a hotel has annual fixed costs applicable to its rooms of $2,000,000 for its 300-room hotel. Average daily room rents ar
tia_tia [17]

Answer:

Explanation:

In order to calculate the operating income for one year we would have to make the following calculation:

operating income=revenue-variable costs-fixed costs

revenue=300*$50*365=$5,475,000

variable costs=300*$10*365=$1,095,000

fixed costs=$2,000,000

Therefore, operating income=$5,475,000-$1,095,000-$2,000,000

operating income=$2,380,000

The operating income for one year is $2,380,000

7 0
3 years ago
Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a s
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Answer:

The aggregate amount received for the quarter amounts to $103.4

Explanation:

The computation of aggregate amount received for the quarter is as follows:

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Price paid per share is $0.47 per share

Putting the values above:

= 220 × $0.47

= $103.4

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The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. true fa
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FALSE. It is not greater then firms with smaller cash flows.
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2. List and explain the components of the money supply
meriva

Answer:

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