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Irina-Kira [14]
1 year 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?
Business
1 answer:
Korolek [52]1 year ago
6 0

Answer:

385,000

Explanation:

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Charges that firms are using "sweatshop" labor to produce their products are likely to occur during the ________ phase of the st
Rainbow [258]

Answer:

Implementation Phase

Explanation:

After Planning, it is imporrant to carry out clarified Implementation to successfully carry out what need to be done and when. This is important to ensure your plan is achieved without fault. Sweatshop labour which is a situation where workers are employed at low wages and mostlyunder unhealthy conditions to produce products usually occurs during the implementation phase.

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2 years ago
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Which of the following statements is true of ISO 9000? Group of answer choices It is a sustainability certification for those in
sergejj [24]

Answer:

The correct answer is the last option: All of the above are true.

Explanation:

To begin with, the name of <em>"ISO 9000"</em> refers to a set of standards that help to any type of organization to be better at its main goal or purpose when it comes to satisfies its stakeholders' needs. Moreover, those standards focus on the control of the quality of the company and also in the management of its managers and the whole gruop of employees as well. In addition to that, it also helps the clients to know which companies are the best of the best in what they do, by having the certificate of ISO 9001 and only the companies that complete with those standards are the ones in getting it so therefore that they must have every process properly documented.

7 0
2 years ago
The intrinsic value of a company’s stock, also known as its fundamental value, refers to the stock’s "true" value based on accur
slava [35]

Answer:

The goal of the managers of a publicly owned company should be to maximize the firm's <u>INTRINSIC VALUE</u>.

The board of directors' and upper management's main goal is to maximize the corporation's value in order to maximize stockholders' wealth.

An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.'s stock should be $37.32 per share, but Mandalays Inc.'s stock is trading at $45.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently:

  • c. overvalued

If the analyst considers that the stock's intrinsic price is $37.32 and the market price is $45.59, this means that currently the stock is overvalued.

3 0
1 year ago
On January 1, Imlay Company purchases manufacturing equipment costing $95,000 that is expected to have a five-year life and an e
ExtremeBDS [4]

Answer:

Option C is correct

Explanation:

Using straight line depreciation method we can calculate the annual depreciation of the machinery, which can be calculated from the following formula:

Straight Line Depreciation = (Cost - Salvage Value) / Useful value

Straight Line Depreciation = ($95000 - $5000) / 5 years life = $18,000

The double entry would be:

Dr Depreciation Expense $18,000

Cr Accumulated Depreciation $18,000

3 0
1 year ago
Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48
blondinia [14]

Answer:

The correct answer is $ 4.5714 which is not in the answer choice but is close to $432.00 million

Explanation:

Solution

Given that:

let us Assume that Omicron uses the entire $60 million to repurchase shares. The amount of the regular yearly dividends in the future is closest to is:

The Enterprise value =$48/0.10 = $480 million

Then,

The Market value = Enterprise value + cash = $480 + $60 = $540 million

Thus,

The Share price = market value / shares outstanding = $480 million / 12 million = $40

The Number of shares repurchased = $60 million / $40 = 1,500,000 shares

The Shares outstanding = 12,000,000 - 1,500,000 = 10,500,000

Dividend = $48 million free cash flow / 10,500,000 = $4.571

8 0
1 year ago
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