User Account

All Pages

Did the companys dividends exceed its net income

Assignment Help Accounting Basics
Reference no: EM13881254

Refer to CP1-1

Accounts Payable... $ 30,000

Accounts Receivable... 59,500

Cash... 12,000

Common Stock... 62,280

Dividends... 200

Equipment... 36,000

Notes Payable... 1,470

Operating Expenses... 57,200

Other Expenses... 8,850

Sales Revenue... 88,000

Supplies... 8,000

Required:

1. Was the company profitable? Which financial statement indicates this?

2. Did the company's dividends exceed its net income? Which financial statement indicates this?

3. Is the company financed mainly by creditors or stockholders? Which financial statement indicates this?

4. By how much did cash increase (decrease)? Which financial statement would report the reasons for this change in cash?

Reference no: EM13881254

Questions Cloud

Determining the gasoline with a heating value : If the engine consumes 0.80 L/h of a gasoline with a heating value of 3.5 X 104 kJ/L. how much power does it provide? Express the answer both in kW and horsepower.
Describe what is means to have a competitive advantage : Describe what is means to have a competitive advantage - give an example. Describe why the concept of above-average returns is important - give examples. What is the strategic difference between an I/O model company and resource-based model- give exa..
Declining balance method to depreciate property : Assume Mallard uses the 125% declining balance method to depreciate property, plant and equipment. On January 1, 2012, Mallard acquired five acres of land with a building that will be used as office space and warehouse for $400,000 cash. An appraisal..
Springtown pediatrics office manager approves the extension : Springtown Pediatrics office manager approves the extension of credit to patients and also authorizes write offs of uncollectible accounts  Springtown Pediatrics office manager may extend credit based on special circumstances rather than using a fo..
Did the companys dividends exceed its net income : Was the company profitable? Which financial statement indicates this? Did the company's dividends exceed its net income? Which financial statement indicates this? Is the company financed mainly by creditors or stockholders? Which financial statement ..
What is meant by weak stationarity : What is meant by weak stationarity and What is meant by an integrated time series?
What is employer branding and why is it important : What is employer branding? Why is it important? And, what are its benefits? What sorts of factors must one consider when managing human resources globally? Please identify at least five (5) factors and describe how you would deal with them
Substantive tests for plant assets : Pierce, an independent auditor, was engaged to audit the financial statements of Mayfair Construction Incorporated for the year ended December 31, 20X3. Mayfair's financial statements reflect a substantial amount of mobile construction equipment used..
What should be ranyards current stock price : Ranyard's beta is 0.96, and the last dividend per share paid was $3.62. The market risk premium is estimated to be 6.45%, and the real rate of interest is 2.02%. The liquidity risk premium is 0.5%. Analysts expect the company to grow at a rate of 3.9..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd