Amount of the dividends paid

Assignment Help Finance Basics
Reference no: EM131360264

For the year, Uptowne Furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. The depreciation expense was $56,100 and the tax rate was 34 percent. At the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. At the end of the year, retained earnings was $158,713 and common stock was $280,000. Any tax losses can be used. What is the amount of the dividends paid for the year?

Reference no: EM131360264

Questions Cloud

Compute the expected value of perfect information : Andrew Thomas, a sandwich vendor at Hard Rock Cafe's annual Rockfest, created a table of conditional values for the various alternatives (stocking decision) and states of nature (size of crowd): Compute the expected value of perfect information (EV..
Find out the csr performed by the company : Find out the CSR performed by the Company and the level of activeness projected by Company in this area?- Estimate the impact of the CSR activities on the financial performance of the company and consumer satisfaction?
Financial statements for the most recent year : Download 10K financial statements for the most recent year for Brinker. A good source is the company's home page. Also compare the Brinker ratios to the industry averages and comment on significant differences.
What type of treatment would you suggest : Your manager asks you to see a client who appears to be decompensating. He has stopped coming to the center and his wife asks you for assistance. She says he is not eating, sleeps all day and rarely gets out of the house. He is talking gibberish t..
Amount of the dividends paid : At the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. At the end of the year, retained earnings was $158,713 and common stock was $280,000. Any tax losses can be used. What is the amount of the divi..
Addition to retained earnings : MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings was $11,530. The firm paid interest of $7,711 and dividends of $7,500. The tax rate was 33 percent. What was the amount of ..
What behaviors have worked positively for you in the past : At the new veteran's agency your boss wants you to put together a presentation on life skills to promote client knowledge, skills and attitudes that contribute to positive change in substance abuse behavior. This presentation will be given at a gr..
Corporation has issued zero-coupon corporate : A. What will be the price of these bonds? B. What will be the yield to maturity on these bonds, assuming the default does not materialize?
What is the firm price-to-cash flow ratio : Crab Feast Corp.'s cash flow last year was $106.60 million. The company has 7.84 million shares outstanding. Crab Feast Corp.'s stock price at the end of last year was $63.09.  What is the firm's price-to-cash flow ratio?

Reviews

Write a Review

Finance Basics Questions & Answers

  Risk and rates of return worksheet

In January 4, 2016 the S&P 500 closed at 2,012.66 points. In February 26 of the same year it closed at 1,948.05. What was the return of the market in that period of time?

  Difference between realized return and expected return

1. What is the difference between realized return and expected return? How each can be calculated?  How to use these measures in personal investment decisions?

  Transactions exposure and economic exposure

Distinguish between the motivations for purchasing insurance and the motivations for hedging marketwide sources of risk.

  Percent dividend yield on stock

The Bermuda Triangle Store pays a constant dividend. Last year, the dividend yield was 5.4 percent when the stock was selling for $15 a share. What must the stock price be today if the market currently requires a 3.8 percent dividend yield on this..

  Under what interest rates would you prefer a perpetuity

under what interest rates would you prefer a perpetuity that pays 2 million a year to a one-time payment of 40

  Assess a product value

Question 1 The equation a buyer applies to assess a product's value is Question 2: In managing customer relationships, the three primary ways profits can be obtained are by

  Question 1 value drivers and horizon value of constant

question 1 value drivers and horizon value of constant growth firmyou are given the following forecasted information

  What is the receivables turnover the days sales in

calculating the average collection period pujols lumber yard has a current accounts receivable balance of 387615.

  One-year treasury bills currently earn 475 percent you

one-year treasury bills currently earn 4.75 percent. you expected that one year from now one-year treasury bill rates

  Calculate the first-run npv and irr

calculate the first-run NPV and IRR. Assume that the cash flows for each year are independent of cash flows for other years.. Frequency distributions for NPV and IRR are plotted by the computer, and the distributions' means and standard deviations ar..

  Statements about the expected price

The current price of one share of XYZ stock is 100. The forward price for delivery ofone share of XYZ stock in one year is 105. Which of the following statements about the expected price of one share of XYZ stock in one year is TRUE?

  What is aztec products'' operating cycle and cash conversion

If Aztec could shorten its CCC by 5 days, would it be best to reduce the inventory holding period, reduce the receivable collection period, or extend the accounts payable period?

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