Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 05, 2024

A firm has sales of $811,000 for the year. The profit margin is 5.1% and the retention ratio is 56%. what is the common-size percentage

A firm has sales of $811,000 for the year. The profit margin is 5.1% and the retention ratio is 56%. what is the common-size percentage for the dividends paid?

A. 1.99

B. 2.86

C. 2.24

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurial Finance And Accounting For High-Tech Companies

Authors: Frank J Fabozzi

1st Edition

0262336901, 9780262336901

More Books

Students also viewed these Finance questions

Question

★★★★★

The roof of an electrically heated house is 7-m long, 10-m wide, and 0.25-m thick. It is made of a flat layer of concrete whose thermal conductivity is 0.92 W/m8C. During a certain winter night, the...

Answered: 1 week ago

Question

★★★★★

Suppose you are given the mean return vector p and variance-covariance matrix for 20 risky assets as well as the risk free rate rs. Assume that all the CAPM assumptions are satisfied and you are...

Answered: 1 week ago

Question

★★★★★

information flows and communications which prevent the right information reaching the people who need it when they can make best use of it

Answered: 1 week ago

Question

★★★★★

AcelRx Pharmaceuticals, Inc., develops therapies for pain relief for a variety of patients, including cancer and trauma patients. The following data (in thousands) were adapted from recent financial...

Answered: 1 week ago

Question

★★★★★

A firm has sales of $811,000 for the year. The profit margin is 5.1% and the retention ratio is 56%. what is the common-size percentage for the dividends paid? A. 1.99 B. 2.86 C. 2.24

Answered: 1 week ago

Question

★★★★★

1. Allocate the two support departments' costs to the two operating departments using the reciprocal method. Use (a) linear equation and (b) repeated iterations. 2. Compare and explain differences in...

Answered: 1 week ago

Question

★★★★★

Required information [The following information applies to the questions displayed below.] You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your...

Answered: 1 week ago

Question

★★★★★

Compute the percentile rank of City B's 2000 homicides. Question 2 3.03 out of 3.03 points 5.17.What is the percent of area beyond z=1.66? Question 3 3.03 out of 3.03 points 5.25.What percentage of...

Answered: 1 week ago

Question

★★★★★

Scenario Instructions MortgageFirst has decided to move forward with 'Strategy #1': To increase the number of new leads as well as to target a population between 19-55 years of age. Specifically...

Answered: 1 week ago

Question

★★★★★

Business law 1. Which of the following is (are) important consideration(s) concerning activity times? https://blog.smarp3.com/management5-communication8-guide 2. "A gives an offer in the newspaper...

Answered: 1 week ago

Question

★★★★★

Engineers at electronic company use special wire to manufacture fuzzy logic circuit boards. The wire comes in 1,260 foot rolls that cost $2,700 each. Each board requires 4 1/5 feet of wire. How many...

Answered: 1 week ago

Previous Question Next Question