Addition to retained earnings

Assignment Help Finance Basics
Reference no: EM131097074

Shelton, Inc., has sales of $401,000, costs of $189,000, depreciation expense of $54,000, interest expense of $35,000, and a tax rate of 30 percent. (Do not round intermediate calculations.)

What is the net income for the firm?

Net income      $

Suppose the company paid out $44,000 in cash dividends. What is the addition to retained earnings?

Addition to retained earnings   $

Reference no: EM131097074

Questions Cloud

Determine the values of each one of these r.v.''s : Determine the values of each one of these r.v.'s, as well as the values of the sum X1+X2+X3+X4.
Cost of equity after the switch : The Border Crossing has no debt and a cost of capital of 11.2 percent. Assume the firm switches to a debt-to-equity ratio of .25 and issues bonds at par with a 6.3 percent coupon. What will be its cost of equity after the switch? Ignore taxes.
Find the linear equation expressing the system''s book value : Find the linear equation expressing the system's book value
Shareholders equity account : Sankey, Inc., has current assets of $5,125, net fixed assets of $25,600, current liabilities of $4,500, and long-term debt of $9,900. (Do not round intermediate calculations.) What is the value of the shareholders' equity account for this firm?
Addition to retained earnings : Suppose the company paid out $44,000 in cash dividends. What is the addition to retained earnings?
Identify the change the company faces : Identify the change the company faces and why this change is significant. Your recommendations for a successful change initiative.
Determining the dividend yield : One year ago, you purchased 300 shares of IXC stock at a price of $22.05 per share, received $460 in dividends over the year, and today sold all of your shares for $29.32 per share. What was your dividend yield?
Calculate the effects size (n2) for the main effects : Calculate the effects size (n2) for the main effects and the interaction
Bond yield to maturity : 1. Suppose a 10 year, $1000 bond with a 11% coupon rate and semiannual coupons is trading for the price of 907.37 a) What is the bond yield to maturity (EXPREES as an APR with semiannual compounding)  b)  if the bond's ytm changes to 8% APR What w..

Reviews

Write a Review

Finance Basics Questions & Answers

  Qone month before she died on april 14 2002 violet isaacson

q.one month before she died on april 14 2002 violet isaacson jeannes mother gave jeanne collection of coin. depends on

  What is the instrinic value

If an investor buys 1ABC Mar 50 put at 4 when the market is 70. What's the instrinic value and time value associated with this contract?

  What is their nominal yield to maturity

A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,210, and currently sell at a price of $1,370.99.

  Problem regarding isolation or incremental basis

a) Calculate the relevant cash flows either on an isolation or incremental basis. b) Calculate the NPV and IRR of the project and advise whether the company should replace the manual machine.

  What is the gain or loss on the futures contract

Suppose the December CBOT Treasury bond futures contract has a quoted price of 80-07. If annual interest rates go up by 1.00 percentage point, what is the gain or loss on the futures contract? (Assume a $1,000 par value, and round to the nearest w..

  If inflation is expected to average 7 percent over the

a treasury note with a maturity of four years carries a nominal rate of interest of 10 percent. in contrast an

  Examine damaged planes returning from bombing

The United States employed a statistician to examine damaged planes returning from bombing missions over Germany in World War II. He found that the number of returned planes that had damage to the fuselage was far greater than those that had damag..

  Counterparty risk and aggregate risk

Write a review of the attached article, "Clearing, Counterparty Risk, and Aggregate Risk." Explain the key points that the author was trying to communicate. The review should be at least two pages.

  If sales in 2008 and 2009 were steady at 25 million but

1. a company has a share price of 24.50 and 118 million shares outstanding. its book equity is 688 million its book

  Research studies of interest

Find three research studies of interest to you that provide proper usage of the one-way, repeated measures, and factorial ANOVA.

  Church inc is presently enjoying relatively high growth

3. tco d church inc. is presently enjoying relatively high growth because of a surge in the demand for its new product.

  What is the market value balance sheet for zetatron

Suppose you are a shareholder holding 100 shares, and you disagree with this decision. Assuming a perfect capital market, describe what you can do to undo the effect of this decision.

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