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Simora [160]
3 years ago
10

At a recent stockholders meeting for Ignate Inc., a group of stockholders expressed disagreement with the way that the managers

were using free cash flow. Because they wanted to be able to control how the cash is invested, the stockholders lobbied that the free cash flow should be:
Business
1 answer:
serg [7]3 years ago
5 0

The stockholders lobbied that the free cash flow should be distributed to them as dividends.

The Free cash flow means money that business generates from its main business activities after necessary deduction of capital expenditures.

The Free cash flow are used to make further investment to allow more cash inflow into the organization.

But here, the stockholders are expressing their disagreement with the way that the managers were using free cash flow, therefore, they prefers that dividend are paid to them rather than managers investing the Free Cash Flow.

Therefore, the Option B is correct.

The options includes <em>"a. used to pursue cross-border acquisitions. O b. distributed to them as dividends. O C. invested in new research and development O d. used to pay down corporate debt."</em>

<em />

<em />

Learn more about this here

<em>brainly.com/question/14812662</em>

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The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20
Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000  + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

6 0
3 years ago
Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, a
SVEN [57.7K]

Answer and Explanation:

The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-

For Sun health

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,630 ÷ (($300 + $287) ÷ 2)

= $3,630 ÷ 293.5

= 12.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 12.37 times

= 29.5 days

For Sun medical

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,940 ÷ (($499 + $438) ÷ 2)

= $3,940 ÷ 468.5

= 8.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 8.41 times

= 43.4 days

6 0
3 years ago
According to​ Zane, it was difficult for him to empower his employees and not​ micromanage; however, he realized that being resp
son4ous [18]

Answer:

The answer is: Interpersonal skills                                

Explanation:

Interpersonal skills, also known as the soft skills, refers to the behavior of an individual while interacting or communicating with others. Interpersonal skills can also be described as the ability of an employee to work with others.

Interpersonal skills include effective communication, active listening, deportment, attitude and dispute resolving.

<u>Therefore, the given example illustrates </u><u>Interpersonal skills.</u>

5 0
3 years ago
The accounting firm of johnson and johnson has decided to design a nonstatistical sample to examine the accounts receivable bala
Vlad [161]

The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.

<h3>How to calculate the projected misstatement?</h3>

The total projected misstatement will be calculated thus:

= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000

= $3500 + $50275 + $38750

= $92225

The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.

Learn more about firms on:

brainly.com/question/25491204

8 0
2 years ago
Vandana shiva agrees that the green revolution has increased agricultural output and household incomes, but she is concerned abo
Anna11 [10]
<span>cultural, economic and environmental changes. The most one is environmental changes. The green revolution cause for excess use of chemicals and pesiticides that accelerated the rate of pollution and imabalance. The people will start a new culture of depending upon chemicals for agriculture which may negatively affect the very existence of nature.</span>
7 0
3 years ago
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