Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 08, 2021

Companies A and B showed the following financial statements on September 3, 2002, and you must calculate the PER for the following rates of distribution

Companies A and B showed the following financial statements on September 3, 2002, and you must calculate the PER for the following rates of distribution (payout ratio): a) 1%; b) 50% and c) 100%

A B

Net worth 122.200.000 62.700.00

Net profit 3.300.00 8.400.00

KE 20 % 20%

Step by Step Solution

★★★★★

3.40 Rating (162 Votes )

There are 3 Steps involved in it

Step: 1

Payout ratio 1 Market price of company A stock EPSPayo... blur-text-image

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

Document Format ( 1 attachment)

60641d7b49d1d_717584.docx

120 KBs Word File

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

Fundamental Managerial Accounting Concepts

Authors: Edmonds, Tsay, olds

6th Edition

71220720, 78110890, 9780071220729, 978-0078110894

More Books

Students also viewed these Finance questions

Question

★★★★★

The following financial statements apply to Boyd Appliances, Inc. Required Calculate the following ratios for 2012. a. Working capital b. Current ratio c. Quick ratio d. Accounts receivable turnover...

Answered: 1 week ago

Question

★★★★★

The following financial statements apply to James Appliances, Inc. Required Calculate the following ratios for 2015 by rounding to two decimal points. a. Working capital b. Current ratio c. Quick...

Answered: 1 week ago

Question

★★★★★

The following financial statements were furnished by Betten Company: At the end of 2010, Betten purchased some additional equipment for $10,000. Required: Prepare a statement of cash flows by using...

Answered: 1 week ago

Question

★★★★★

What is the difference between a Type I error and a Type II error?

Answered: 1 week ago

Question

★★★★★

The sales manager at Grossmieller Importers in New York City needs to determine a monthly forecast for the number of mens golf sweaters that will be sold so that he can order an appropriate amount of...

Answered: 1 week ago

Question

★★★★★

In Exercises locate any relative extrema and points of inflection. Use a graphing utility to confirm your results. y 2x In(2x)

Answered: 1 week ago

Question

★★★★★

The waiting time at a Canadian supermarket checkout has an exponential distribution with an average time of five minutes. Thus, the probability density function is The function is shown in Figure...

Answered: 1 week ago

Question

★★★★★

Two mutually exclusive alternatives are being considered. Both have a 10-year useful life. If the MARR is 8%, which alternative is preferred? A Initial cost Uniform annual benefit $100.00 $50.00...

Answered: 1 week ago

Question

★★★★★

Question 2 8 of 6 0 Time remaining: 0 1 : 5 8 : 2 1 Select the true statement. When you send an email to a list, the requirements for your contacts' subscription statuses are more stringent if data...

Answered: 1 week ago

Question

★★★★★

1. Develop a simulation model for 52 weeks of operation at Ebony. Graph the inventory of soap over time. What is the total cost (inventory cost plus production change cost) for the 52 weeks? 2. Run...

Answered: 1 week ago

Question

★★★★★

Question 9 1.72 pts You work for E & Y and finished your integrated audit of Apple, Inc. for the year ended December 31, 2021. E&Y issues an opinion on Apple's Internal control over financial...

Answered: 1 week ago

Question

★★★★★

2.36 Consider the following code: LDURB X10, [X11, #0] STUR X10, [X11, #8] Assume that the register X11 contains the address 0x10000000 and the data at address is 0x1122334455667788. 2.36.1 [5] What...

Answered: 1 week ago

Question

★★★★★

The GoT cups are a fast seller and you need to ensure that you have enough rolls of paper to fulfill demand. The first stage in the process is to determine the total cost of the current inventory...

Answered: 1 week ago

Question

★★★★★

Using the cognitive model and the BRUSO model discussed in class, write survey items for the following general questions. It may take more than one question. Responding to a survey item is itself a...

Answered: 1 week ago

Question

★★★★★

Read the following text carefully, then answer the question. Exciting New Gym Opening Soon!!! Northside Gym is opening soon, providing a new level of gym experience. The gym will meet all your...

Answered: 1 week ago

Question

★★★★★

Complete the self-scoring "Followership Questionnaire" in Ch. 13 (p. 487) of Leadership: Theory and Practice . DueThursday respond to the following: Based on your results from the "Followership...

Answered: 1 week ago

Question

★★★★★

Q 18-12: Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to allocate the overhead costs to the projects. The activities and...

Answered: 1 week ago

Question

★★★★★

Write a function that reads a Float24_t value: Float24_t float24_read(void) A legitimate float24 value string is of the form: "mantissabexponent" where the mantissa (m) and the exponent (e) may have...

Answered: 1 week ago

Question

★★★★★

X Company recorded the payment for utilities used by the manufacturing facility by crediting Cash and debiting Manufacturing Overhead. Why was the debit made to Manufacturing Overhead instead of Work...

Answered: 1 week ago

Question

★★★★★

If Best Company sold land that cost $4,200 at a $500 gain, how much cash did it collect from the sale of land?

Answered: 1 week ago

Question

★★★★★

On October 31, 2012, Henderson Companys total current assets were $65,000 and its total current liabilities were $20,000. On November 1, 2012, Henderson purchased marketable securities for $10,000...

Answered: 1 week ago

Question

★★★★★

The United Nations Development Programme (UNDP) uses the Human Development Index (HDI) in an attempt to summarize in one number the progress in health, education, and economics of a country. In 2012,...

Answered: 1 week ago

Question

★★★★★

In justifying his choice of a model, a student wrote, "I know this is the correct model because R2 = 99.4%." a) Is this reasoning correct? Explain. b) Does this model allow the student to make...

Answered: 1 week ago

Question

★★★★★

The researcher in Exercise 9 is content with the second regression. But he has found a number of shells that have large residuals and is considering removing all them. Is this good practice?

Answered: 1 week ago

Previous Question Next Question