Find the amount for dividends pay

Assignment Help Corporate Finance
Reference no: EM1348204

On 12/31/10, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/09, the company had reported $555,000 of retained earnings. No shares were repurchased during 2010. How much in dividends did Heaton pay during 2010?

a. $47,381

b. $49,875

c. $52,500

d. $55,125

e. $57,881

 

Reference no: EM1348204

Questions Cloud

Determing cost driver-computing cost : What is the appropriate cost driver for allocating overhead to pizzas in Year 1? Using normal costing, compute the cost of each of the 336,033 meat pizzas produced in year 1. Was overhead over-or under applied during the year? By how much? Why do yo..
Hofstede globally distributed teams : Prepare a three page From the perspective of Hofstede, what problems, issues, and difficulties can arise when globally distributed teams in different cultures seek to collaborate using tools involving information and communications technology?
Under positioned their brand : In class, we considered buying a ring at Tiffany's. When asked, students indicated that a Tiffany ring probably cost tens of thousands of dollars or more. Under positioned their brand
Team building exercises : find a few specific exercises that you feel would be most likely to help a sales team bond and work together.
Find the amount for dividends pay : Heaton Corporation reported retained earnings of 675,000 dollar on its balance sheet, & it reported that it had 172,500 dollar of net income during the year. On previous balance sheet corporation had reported $555,000 of retained earnings.
Did the parties have a valid contract under the ucc : Did the parties have a valid contract under the UCC? Were any terms left exposed in the contract? If thus which term? Explain how would a court deal with open terms?
Team building exercise : Prepare a three-four paged paper describing a Team-Building exercise for Conflict Resolution that you would present in an organizational atmosphere, and how it would be conducted
Tube of toothpaste attached to the handle : ‘Tyler Simms just invested a new product that he is convinced is unique and will make him wealthy. The finished goods is a toothbrush with a tube of toothpaste attached to the handle.
Overboard in dealing with racial discrimination : When you read the language of Title VII, it prohibits discrimination based on race. It as well bans discrimination based on colour. Most people on analysis the Act see this and think that Congress went a bit overboard in dealing with racial discri..

Reviews

Write a Review

 

Corporate Finance Questions & Answers

  Find the effect on insurance contract

Determine what will an insurer do if it seems that an applicant misstated his or her age on life insurance application?

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Find the present value of interest tax shields

Suppose that MM's theory holds with taxes. There is no growth, & $40 of debt is expected to be permanent. Suppose a 40% corporate tax rate.

  Explain using capital budgeting and capital structure

Suppose you work for local hospital you and your colleagues require deciding on whether to purchase new machine for the clinic.

  Selecting the correct option for expected return

Given the following data for 3 stocks, A,B,& C, and portfolios of these stocks. The stocks' returns are positively but not perfectly positively correlated with othe,

  Find the maximum sales loss

The Healthy Spring Water corporation sells bottled water for offices or homes. The price of the water is $20 per ten gallon bottle & firm currently sells 2,000 bottles per day.

  Show the change in the financial environment

Find one dilemma in finance will assist financial managers to overcome and state exactly how managers will resolve it.

  Calculate the total compounded return

Stock returns 20% in the 1st year, declines 8% in the 2nd year, and increases 10% in the third year.

  What is the corresponding effective annual interest rate

Joshua bought a car for $5,000 and sold it two months later for $5,200. The corresponding effective annual interest rate

  Financial reporting decisions

Corporations are required to file financial reports. Explain what factors other than financial reporting and investor relations are affected by a firm's financial reporting decisions?

  Construct a conservative financing plan

Computation of net income - Construct a conservative financing plan with 80% of assets financial by long-term sources. If McKinsee's earnings before interest and taxes are $6,000,000, what will their net income be

  Price analysis for soda companies

As a increasing number of producers pursue multichannel distribution, they probably learn some lessons from masters at the game the big soda corporations.

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