Balance in the retained earnings account be after dividend

Assignment Help Financial Management
Reference no: EM131551561

Murphy's Inc. has 10,000 shares of stock outstanding with a par value of $1.00 per share. The market value is $8 per share. The balance sheet shows $32,500 in the capital excess of par account. $10,000 in the common stock account, and $42,700 in the retained earning account. The firm just annouced a 10 percent (small) stock dividened. What will the balance in the retained earnings account be after the dividend?

Reference no: EM131551561

Questions Cloud

Company disbursement float-net float and collection float : Calculate the company’s disbursement float, collection float, and net float.
Debt and cost of common equity : Empire Electric Company (EEC) uses only debt and common equity. What is its cost of common equity?
Total amount of dividend income to date from the investment : What is the total amount of dividend income to date from the investment?
What should be the market price of common stock : What should be the market price of ABC Inc.’s common stock? $25.00
Balance in the retained earnings account be after dividend : What will the balance in the retained earnings account be after the dividend?
What is the amount of the company accounts receivable : Will this change in policy increase or decrease accounts receivable? What is the amount of the company’s accounts receivable?
What is length of the cash cycle : Wilson,Inc. has an inventory turnover rate of 14, What is the length of the cash cycle?
What is average daily float : In a typical month, the Gulley Corporation receives 100 checks totaling $90,000. What is the average daily float?
Company asks for additional debt financing : What questions would you ask if the company asks for additional debt financing?

Reviews

Write a Review

Financial Management Questions & Answers

  Risk is greater than the current risk of the firm

A firm is considering the purchase of an asset whose risk is greater than the current risk of the firm, based on any method for assessing risk. In evaluating this asset, the decision maker should

  What is the amount of dividends common shareholders

The shareholders' equity of Bill Corporation includes $200,000 of $1 par common stock and $400,000 of 6% cumulative preferred stock. What is the amount of dividends common shareholders will receive in 2014?

  Dividends are growing at a constant rate

The last observed dividend for Company Z before today was $2.15. Dividends are growing at a constant rate of 8.5% annually. If the required rate of return on the stock is 12.5%, what will be the total expected dollar capital gain per share on the sto..

  What is the market value of the firms common equity

Assume an all equity firm has been growing at a 15 percent annual rate and is expected to continue to do so for 3 more years. At that time, growth is expected to slow to a constant 4 percent rate. The firm's beta is 1.25, the risk-free rate is 8 perc..

  Vulnerability chart assist you in planning the investigation

You are an auditor for the East Ridge Food Company. How would the preparation of a vulnerability chart assist you in planning the investigation?

  What is the effective annual interest rate on the loan

If you take out a $9,000 car loan that calls for 48 monthly payments at an APR of 10%. What is your monthly payment? What is the effective annual interest rate on the loan?

  What major sponsor opportunities would you seek

Is this a great move for the NFL? What major sponsor opportunities would you seek?

  Finding the target capital structure

Fama's Llamas has a WACC of 8.65 percent. The tax rate is 35 percent. What is the company's target debt–equity ratio?

  Short term treasury securities

A bank has $1 million in vault cash, $5 million in short term Treasury securities and $20 million in deposits at a Federal Reserve Bank. Identify the term or concept that fits each description. The interest rate the Fed charges banks for short term l..

  Give two examples of management communication

Give two examples of management communication through corporate actions (things that they do instead of things they say) that convey information to shareholders. Explain what information is conveyed through those actions.

  What is the annual percentage rate on the loan

Assume that you deposit $700 every three months at 6% annual rate, compounded quarterly. How much will you have at the end of 20 years? You borrow a five year $13,000 loan with monthly payments of $250. What is the annual percentage rate (APR) on the..

  What is the standard deviation of the rate of return

A project has a 0.76 chance of doubling your investment in a year and a 0.24 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?

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