Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 1- a company reported the following information:

1- A company reported the following information: Total revenues..................................................... $100 Total expenses........................................................

60.1K

Verified Solution

Question

Finance

1-

A company reported the following information:

Total revenues..................................................... $100

Total expenses..................................................... $50

Total dividends.................................................... $24

Based on this information, what is this companys payout ratio? Your final answer must be in percent and entered without the percent sign.

2-A company has current assets of $5, net fixed assets of $35, current liabilities of $10, and long-term debt of $10. What is the value of the shareholders equity account for this firm? Your final answer must be in dollars and entered without the dollar sign.

3-

A company has a share price of $10, a book value of equity per share of $5, and 10 shares outstanding. What is this companys market capitalization? Your final answer must be in dollars and entered without the dollar sign.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Which element, along with other inorganic and organic elements, is especially important for chemotrophs living...

Advance Math
1.2K views

Assume that ψ : [a, b] → R is continuously differentiable. A critical point of ψ is...

Finance
1.2K views

After all foreign and U.S. taxes, a U.S. corporation expects to receive 2 pounds of dividends...

Psychology
1.2K views

In a series of interviews spanning four years, leftist social critic Noam Chomsky discusses how the...

Basic Math
1.2K views

Five lbm of R 134a is expanded isentropically in a closed system from 100 psia...

Basic Math
1.2K views

A youth sports league held various fundraisers They received 490 from a car wash 383...

Algebra
1.2K views

7 Name the first five terms of the arithmetic sequence a 38 d 3 O38...

Algebra
1.2K views

2 1 Write 73 without exponents

Accounting
1.2K views

Rory Company has an old machine with a book value of $83,000...

Accounting
1.2K views

Question 24 options: During the current year, a company exchanged an old truck costing $58,000...

Accounting
1.2K views

E6-22(Algo) Recording, Reporting, and Evaluating a Bad Debt Estimate Using the Percentage of Credit Sales...

Accounting
1.2K views

Assume Muir Company's accounting records reflect the following amounts: Dec...