What will andrews ending balance in retained earnings

Assignment Help Financial Management
Reference no: EM131180341

The Andrews company currently has the following balances in their equity accounts: Common Stock $83,080 Retained earnings $83,305 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year? Select: 1 $166,385 $129,380 $182,385 $113,605

Reference no: EM131180341

Questions Cloud

Profit sharing plan with a dollar for dollar match up : Bruno terminated employment with Philip’s Bar and Grill (PBG) after completing five years of service. PBG sponsors a 401(k) profit sharing plan with a dollar for dollar match up to 6% of compensation in which Bruno had an account balance of $50,000.
Difference between social psychology andanthropology : Which of the following identifies the most important difference between social psychology andanthropology?
What woods were used and how were they sawn : Make measured drawings of millwork details in an older building that you admire. Analyze each detail to discover its logic. What woods were used and how were they sawn? How were they finished?
What is a conceptual model : What is a conceptual model? Explain the importance. Conceptual models are typical made up of three main parts. Name these parts giving a full definition and purpose. Give two possible examples of each part.
What will andrews ending balance in retained earnings : The Andrews company currently has the following balances in their equity accounts: Common Stock $83,080 Retained earnings $83,305 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What ..
What woods were used and how were they sawn : Make measured drawings of millwork details in an older building that you admire. Analyze each detail to discover its logic. What woods were used and how were they sawn? How were they finished?
Identify the source of inefficiency in the lemons model : Under what sort of market conditions would this quote apply? Connect this quote to Akerlof's lemons model.- Among other things, use this quote to help identify the source of inefficiency in the lemons model.
Determine the marketing communications strategy used : Evaluate marketing research tools involved in the marketing process. Formulate competitive market entry strategies based on analysis of global markets that comply to initiatives in the health care industry.
How much value does the use of debt add : A local firm has debt worth $250,000, with a yield of 9%, and equity worth $400,000. It is growing at a 6% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 11%. Under the MM extension with growth, what is the value o..

Reviews

Write a Review

Financial Management Questions & Answers

  Merger tactics are designed to thwart takeovers and mergers

Defensive merger tactics are designed to thwart takeovers and mergers. Briefly describe a few examples of such tactics. Do such activities work to the advantage of shareholders all of the time? Who do you think benefits the most from these activities..

  Depreciated straight-line to zero over its five-year life

Your firm is contemplating the purchase of a new $530,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $50,000 at the end of that time. If the tax rate is 34 percent..

  What is the net proceeds from the debt issue

A firm issues $200 million straight bonds at an original issue discount of 7.5% and a coupon rate of 7%. The firm pays fees of 2.5% on the face value of the bonds. What is the net proceeds from the debt issue?

  How much external financing is required by berea

Berea Resources is planning a $75 million capital expenditure program for the coming year. How much external financing is required by Berea for the coming year?

  What is the yield to call for these bonds

Atlantis Fisheries issues zero coupon bonds on the market at a price of $421 per bond. These are callable in 7 years at a call price of $640. Using semi annual compounding, what is the yield to call for these bonds?

  Statement of stockholders equity and statement of cash flows

Review Netflix 2013-2014 balance sheet, income statement, statement of stockholders' equity and statement of cash flows. Pay particular attention to sales and net income for the last two years. Comment on 2-3 items that you find remarkable on any of ..

  The current rate for a two-year treasury security

The current one-year T-bill rate is .42 percent and the expected one-year rate 12 months from now is .90 percent. According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security?

  What should be current stock price

Ranyard's beta is 1.13, and the last dividend per share paid was $4.21. The market risk premium is estimated to be 7.56%, and the real rate of interest is 2.04%. The liquidity risk premium is 0.7%. Analysts expect the company to grow at a rate of 3.5..

  Coupon bond pays interest annually

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000. What is the change in the price of this bond (give me a percentage change) if the market yield rises to 6% from the current yield of 4.5%?

  Bond financing is best characterized-amortization borrowing

A bond with an 11% coupon is issued at its face value of $1,000. What will the bond's value be if the required return of bond investors immediately increased to 14% if the bond had an original maturity of 1 year? 20 years? Bond financing is best char..

  What must be the opportunity cost of capital

A stock sells for $30. The next dividend will be $6 per share. If the return on equity ROE is a constant 15% and the company reinvests 20% of earnings in the firm, what must be the opportunity cost of capital?

  What are the expected earnings per share

Security Analysts that have evaluated Concordia Corporation, have determined that there is a 15% chance that the firm will generate earnings per share of $2.40; a 60% probability that the firm will generate earnings per share of $3.10; and a 25% prob..

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