Evaluate of dividend per share net dividend per share and

Assignment Help Financial Accounting

Reference no: EM13355698

Evaluate of Dividend per share, Net Dividend per share and Retention Ratio.

a) A for-profit hospital earns a gross profit of $10 million. Twenty-five percent (25%) of this gross profit is retained earnings and another 30% is charged to corporate tax. If there are two 25% preferred shareholders and ten 10% ordinary shareholders, how much will each shareholder earn as dividend?

b) If each preferred shareholder pays an income tax of 33.33% on their dividend income, what will be their net dividend earning?

c) What is the retention ratio?

Reference no: EM13355698

Questions Cloud

Analysis of financial statements in terms of ratios whether : analysis of financial statements in terms of ratios whether positive or negative.the accounts receivable turnover ratio

Evaluate of variable-overhead spending variance and the : evaluate of variable-overhead spending variance and the variable-overhead efficiency variancegantt textiles inc.

Identifying which variable is believed to be the best : identifying which variable is believed to be the best selection for a cost driver and how such cost driver is

Calculation of firms dollar growth in dollars and analyse : calculation of firms dollar growth in dollars and analyse how the growth financed.1.middleton clinic had total assets

Evaluate of dividend per share net dividend per share and : evaluate of dividend per share net dividend per share and retention ratio.anbspa for-profit hospital earns a gross

Preparation of the balance sheet from the given : preparation of the balance sheet from the given transactions.the following events occurred at handsome hounds grooming

Multiple choice questions related to firms revenuesnbsp and : multiple choice questions related to firms revenuesnbsp and operating income cost behavior.1. a management that wanted

Determined with absorption costing and direct costing1 the : determined with absorption costing and direct costing.1. the shift in the amount of manufacturing overhead costs

Determined with absorption costing amp direct costing1 the : determined with absorption costing amp direct costing.1. the shift in the amount of manufacturing overhead costs

User Account

All Pages