Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Currently Chester is paying a dividend of $19.06 (per share). If this dividend were raised by $3.64, given its current stock price what would be

Currently Chester is paying a dividend of $19.06 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield? Select: 1 9.0% 10.7% $3.64 $22.70 In the month of March the Digby Corporation received and delivered orders of 186,000 units at a price of $15.00 for revenue of $2.790mil for their product Dell. Digby uses the accrual method of accounting and offers 30 day credit terms. By the end of May Digby had collected payments of $2.790mil for the March deliveries. How much of the collected $2.790mil should Digby show on the March 31st income statement and how much on the May 31st income statement? Select: 1 $1.395mil in March; $1.395mil in May $2.790mil in March; $0 in May $0.921mil in March; $1.869mil in May $0 in March; $2.790mil in May Chester Corp. is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. How much will the company pay in separation costs if each worker receives $5,000 when separated? Select: 1 $350,000 $1,258,000 $140,000 $3,145,000 Which company has the most efficient SG&A / Sales ratio? Select: 1 Digby Andrews Baldwin Chester Last year Acre charged $3,164,000 Depreciation on the Income Statement of Andrews. If Acre sold a fully depreciated piece of equipment at a gain, the effect on Andrews's financial statements would be (all other items remaining equal): Select: 1 Decrease Net Cash from operations on the Cash Flow Statement No impact on Net Cash from operations Increase Net Cash from operations Just impact the Balance Sheet Assume Baldwin is producing 1,704 units of Bid next year. What would Bid's plant utilization be? Select: 1 93.83% 95.00% 96.90% 93.10% Digby's balance sheet has $104,456,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Digby's book value? Select: 1 $110,456,000 $98,456,000 $106,456,000 $48,156,000 Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Digby to pull the product Dug entirely off the market this year. Assume Digby scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Digby or other companies. Without Digby's product Dug how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000). Select: 1 7,859 9,309 10,422 8,331 6,881 3,905 5,211image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image_2

Step: 3

blur-text-image_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

Computer Accounting

Authors: Donna Kay

15th Edition

0077826841, 9780077826840

More Books

Students also viewed these Accounting questions

Question

Define self, self-image, and identity.

Answered: 1 week ago