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Irina-Kira [14]

2 years ago

15

Last year Universal Transportation retained $225,000 of the $750,000 net income it generated. This year Universal generated net

income equal to $550,000. If Universal follows the constant payout ratio dividend policy, how much should it pay in total dividends this year?

1 answer:

Korolek [52]2 years ago

6 0

Answer:

385,000

Explanation:

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Individual employees have little influence over ethical expectations and behavior.a. Trueb. False

Oksana_A [137]

Answer:

False.

Explanation:

In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.

Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.

5 0

2 years ago

For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,

Rudiy27

Answer:

812.40 units

Explanation:

Given that,

Annual holding cost percentage = 20%

Ordering cost = $110 per order

Annual demand = 15,000 units

Units Ordered - Price Per Unit

1-250 - $30.00

251-500 - $28.00

501-750 - $26.00

751 and up - $25.00

Optimal order quantity:

= $\sqrt{\frac{2\times Annual\ demand\times Cost\ per\ order}{Holding\ cost} }$

= $\sqrt{\frac{2\times 15,000\times 110}{25\times0.2} }$

= $\sqrt{\frac{3,300,000}{5} }$

= 812.40

Therefore, the optimal order quantity is 812.40 units.

3 0

1 year ago

Charlie’s Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created seve

denis-greek [22]

Answer:

<u>Charlie’s Crispy Chicken (CCC) Balance sheet at September 30</u>

Assets

<u>Non- Current Assets</u>

Equipment 49,000

Land 23,400

Total Non- Current Assets 72,400

<u>Current Assets</u>

Supplies 2,300

Cash 2,300

Total Current Assets 4,600

Total Assets 77,000

Equity and Liabilities

<em>Equity</em>

Common Stock 36,000

Retained Earnings 3,900

Total Equity 39,900

<em>Liabilities</em>

<u>Non-current Liabilities</u>

Note Payable (long-term) 34,000

Total Non-current Liabilities 34,000

<u>Current Liabilities</u>

Accounts Payable 2,900

Salaries and Wages Payable 200

Total Current Liabilities 3,100

Total Equity and Liabilities 77,000

Explanation:

When preparing a Balance Sheet, it is important to remember the Accounting equation : Assets = Equity + Liabilities

4 0

2 years ago

You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You

Nesterboy [21]

Answer:

Cost of equity, re= 0.098356 or 9.84 %

Explanation:

D1 = $ 1.25

P0 = $ 27.50

gL = 5 % = 0.05

F = 6 % = 0.06

Cost of equity, re can be calculated using the formular below:

Cost of equity, re = D1/ {P0 x (1- F)} + gL

= $ 1.25 / {$ 27.50 x (1- 0.06)} + 0.05

= $ 1.25 / ($ 27.50 x 0.94) + 0.05

= $ 1.25 / 25.85 + 0.05

= 0.048356 + 0.05

Cost of equity, re= 0.098356 or 9.84 %

8 0

2 years ago

Teton, Inc., reported a net gain of $41,400 on its foreign assets due to the weakening of the U.S. dollar in 2017. In the same y

sammy [17]

Answer:

Option D is correct one.

$ 154,200 increase to accumulated other comprehensive income

Explanation:

Foreign currency gain = $41,400

Un-realised gain on its trading securities= $112,800

Increase in Accumulated other comprehensive income= $ 154,200

6 0

2 years ago