Consider two very different firms, m and n. firm m is a mature firm in a mature industry. its annual net income and net cash flows are both consistently high and stable. however, m's growth prospects are quite limited, so its capital budget is small relative to its net income. firm n is a relatively new firm in a new and growing industry. its markets and products have not stabilized, so its annual operating income fluctuates considerably. however, n has substantial growth opportunities, and its capital budget is expected to be large relative to its net income for the foreseeable future. which of the following statements is correct? select one: a. firm m probably has a higher dividend payout ratio than firm n. b. if the corporate tax rate increases, the debt ratio of both firms is likely to decline. c. the two firms are equally likely to pay high dividends. d. firm n is likely to have a clientele of shareholders who want to receive consistent, stable dividend income. e. firm m probably has a lower debt ratio than firm n.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?

When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.