Business, 13.12.2021 23:30 lilly420

Sterling Candy Shops, Inc., has a net income of $840,000 and retained earnings necessary to fund positive NPV projects of $500,000. If the company has 2,000,000 shares outstanding, how much in dividends per share should the company pay out according to the residual dividend model? A. $0.17 B. $0.24 C. $0.27 D. $0.15

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 19:30, cyynntthhiiaa4

Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center

Answers: 2

continue

Business, 22.06.2019 21:10, cece3467

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:

Answers: 3

continue

Business, 22.06.2019 22:10, jakemendes1

Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates

Answers: 1

continue

Business, 22.06.2019 22:50, maria241432

For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?

Answers: 1

continue

You know the right answer?

Sterling Candy Shops, Inc., has a net income of $840,000 and retained earnings necessary to fund pos...