The DEF Corp has $3,000 of accumulated E&P and $18,000 of current E&P. It distributed $5,000 on February 15, and $45,000 on November 15.
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- The DEF Corp has $3,000 of accumulated E&P and $18,000 of current E&P. It distributed $5,000 on February 15, and $45,000 on November 15. (a) How much of each distribution is a dividend? (b) Suppose it was $18,000 of accumulated and $3,000 of current? 2.Calculate (a) interest expense, (b) taxable income, and (c) earnings per share if: DFL = 1.56, EBIT = $702,000; tax rate = 25%, common stock outstanding = 100,000 shares. Show work.Define what a Dividend Payout ratio is. Define what a retention ratio is. Calculate the dividend payout ratio AND the retention ratio based on the data below: (hint: Dividend payout ratio is dividends/net income , Retention ratio is addition to retained earnings/net income) Rosegarten Corporation (income statement) Sales $1,000 Costs 833 Taxable Income $ 167 Taxes (21%) 35 Net Income $ 132 Dividends $44 Addition to Retained Earnings $88 Explain what your ratio's mean.......
- help me answer these pleaseeeeee 1. Given a price-earnings ratio of 12, EPS of P2.18, and payout ratio of 75%, compute for the dividend yield. (use 2 decimal places for your final answer, express in percentage) 2. A company's sales last year were $615,000 and its net income was $45,800. It has $465,000 in assets financed only by common equity. Determine the profit margin needed to achieve a 14.5% ROE. Use 4 decimal places in your final answer. Express in percentage 3. Net income for 2020 was P1,825,600. In 2021, it decreased by 53%. Still using the 2020 net income as the base year, by 2022, net income increased by 130%. Determine the net income for 2021 and 2022, respectively. (separate the values by a comma followed by a space ", ") 4. P240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the interest rate compounded semi-annually, compute how much is in the fund at the end of 4 ½ years just after the last deposit. (use 2 decimal places for…You have the following information about Trisha Company: total asset =P350,000; common stock equity = P175,000; Return on Equity (ROE) =12.5%. What is Trisha’s earnings available for common stockholders? A. P21,875B. P43,750C. P50,000D. P47,632Where did you find the dividend declared of $200,000?
- 4. For the year ended December 31, the following results were given:Dividend Paid Net IncomeParent Company P15,000 P30,200Subsidiary Company 4,000 9,400The investment balance on December 31:A. P 0 C. P 122,160B. P 120,600 D. P 125,4605. Using the same information in No. 5, compute the Dividend Income for the year:A. P 0 C. P 4,000B. P 3,600 D. P 8,4006. Using the same information in No. 5, the non-controlling interest in net income on December 31:A. P 0 C. P 610B. P 540 D. P 940Helmuth Inc's latest net income was $1,415,000, and it had 250,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations. a. $3.11 Ob. $1.91 c. $5.66 Od. $8.21 O e. $2.55Helmuth Inc's latest net income was $1,500,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations. O a. $2.31 O b. $3.24 O c. $3.00 O d. $2.28 Oe. $3.21
- 10. The following information relates to the Smith Company for 2021: $ 1,600 Cash dividend declared for 2021 Retained earnings, January 1, 2021 Net income for 2021 4,680 1,920 Retained earnings, December 31, 2021 ? What was the December 31, 2021, balance of retained earnings? a. $4,360 b. $4,680 c. $5,000 d. $8,200 11. The method of valuation under the US GAAP is 1. accounts receivable at net realizable value. 2. short-term marketable securities at fair value. 3. inventories at current cost if current cost is higher than historical cost. a. b. C. d. 1 and 2 2 and 3 1 and 3 1, 2, and 3Merryweather Corporation reported net income of $150,000, income before taxes of$240,000 and interest expense of $32,000. What is the times-interest-earned ratio? (Roundyour final answer to two decimal places.)a. 4.69b. 5.69c. 7.50d. 8.50Byron Books Inc. recently reported $13 million of net income. ItsEBIT was $20.8 million, and its tax rate was 35%. What was its interest expense? (Hint:Write out the headings for an income statement, and fill in the known values. Then divide$13 million of net income by (1 2T) 5 0.65 to find the pretax income. The differencebetween EBIT and taxable income must be interest expense. Use this same procedure tocomplete similar problems.)
