Calculate the approximate dividend payout ratio

Assignment Help Accounting Basics
Reference no: EM131016676

A Wall Street Journal quotation for a company has the following values: Div: $1.12, PE: 18.3, Close: $37.22. Calculate the approximate dividend payout ratio for the company.

Reference no: EM131016676

Questions Cloud

Several years ago the pettijohn company : Several years ago the Pettijohn Company sold a $1,000 par value, non callable bond that now has 15 years to maturity and a 7.00% annual coupon that is paid semiannually. The bond currently sells for $925
What are the prefixes for the four subnets : Suppose an ISP owns the block of addresses of the form 101.101.128.0/17. Suppose it wants to create four subnets from this block, with each block having the same number of IP addresses. What are the prefixes (of form a.b.c.d/x) for the four subnet..
Find the npv of project : The Walker company has a 7-year project with cash flows of -$1,000 in year 0, $100 in year 1, $100 in year 2, $200 in years 3, 4, and 5, $0 in year 6, and $900 in year 7. All cash flows are year-end. Assume a cost of capital of 10%. Find the NPV ..
Determine the required volumetric flow rate : The volumetric flow rate over the spillway of a dam is 27,000 ft3/min. Determine the required volumetric flow rate for a 1/30 scale model that is operated in accordance with Froude number similarity.
Calculate the approximate dividend payout ratio : A Wall Street Journal quotation for a company has the following values: Div: $1.12, PE: 18.3, Close: $37.22. Calculate the approximate dividend payout ratio for the company.
What would your recommendations be to tom and mary : What alternatives do Tom and his family have to resolve their conflict?
How much money will be in the account immediately : If Jughead takes each payment and deposits it into an investment that earns a return of 0.75% per month, how much money will be in the account immediately after the last payment?
What is the present value of the net tax-shield : Q.1 What is the present value of the net tax-shield of debt if the current market value of the firm is $10 million, its value if unlevered would be $8 million, and the present value of bankruptcy and agency costs is $500,000?
What is the maximum number of hosts it can handle : A network on the Internet has a subnet mask of 255.255.240.0. What is the maximum number of hosts it can handle - What are the values of the header length, total length, identification, flags, and fragment offset fields for all three fragment header..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How the division controller of quality plumbing supplies

Using managerial accounting information : How the division controller of quality Plumbing Supplies determine the cost of product left in inventory?

  Togos purchased all the assets at the beginning of 2010 3

togos sandwich shop had the following long-term asset balances as of january 1 2012

  Three companies report same cost of goods available for sale

Three companies report the same cost of goods available for sale, but each employs a different inventory costing method. If the price of goods has increased during the period, then the company using _____.

  What is the benefit of a hedge fund like citadel expanding

What is the benefit of a hedge fund like Citadel expanding into a hedge fund services business such as market making and fund administration?

  Richardson enterprises is studying the replacement of some

richardson enterprises is studying the replacement of some equipment that originally cost 74000. the equipment is

  On june 30 2010 superfast shoes issued 200000 worth of

on june 30 2010 superfast shoes issued 200000 worth of 15-year 9 bonds when the market rate was 10. proceeds were

  Methods of determining bad debt expense

Which of the following methods of determining bad debt expense does not properly match expense against revenue?

  Explain the relationship between cost allocation and

explain the relationship between cost allocation and customer profitability. why is determining customer profitability

  Sue the corporate controller has thus far been impressed

sue the corporate controller has thus far been impressed with your performance at the charlotte plant. she thinks it

  Consolidation-journal entries

On January 1, 2007, the stockholders of Phillips and Solina agreed to a consolidation. Because FASB requires that one party be recognized as the acquirer and the other as the acquirer-Prepare the journal entries on the books of Phillips to record t..

  Qualify for like-kind exchange treatment

What requirements must be met for property to qualify for like-kind exchange treatment?

  Compute the ratios of receivable turnover

Graff Company has cash of $40,000, net accounts receivable of $90,000, and net sales of $720,000. Last year's net accounts receivable were $70,000. Compute the following ratios.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd