Question
29. A firm's year-end retained earnings balances are $320,000 and $400,000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $100,000
29.
- A firm's year-end retained earnings balances are $320,000 and $400,000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $100,000 in 2015. The firm's dividend payment for 2015 is ________.
$20,000
$0
$100,000
$80,000
30.
The Federal Deposit Insurance Corporation (FDIC) ________.guarantees individuals will not lose any money held at any type of financial institution that fails
is an agency, created by the Glass-Steagall Act, that monitors banks on a regular basis to ensure that they were safe and sound
guarantees individuals will not lose any money, up to a specified amount, held at any type of financial institution that fails
is an agency that monitors business combinations between commercial banks, investment banks, and insurance companies
31.
The key input to any cash budget is ________.the production plan
the pro forma balance sheet
the sales forecast
the current tax laws
32.
In the DuPont system of analysis, the return on equity is equal to ________.(stockholders' equity) (financial leverage multiplier)
(return on total assets) (total asset turnover)
(net profit margin) (total asset turnover)
(return on total assets) (financial leverage multiplier)
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