How much can she consume in september 2022

Assignment Help Business Management
Reference no: EM132991216

Ross River Ltd produces glass containers. In July 2021, the company reported net profits after tax of $500,000 for the financial year 2020 - 2021 and announced that it will pay the annual dividend on 1 September 2021. Due to increased demand the company expects the net profits after tax for the 2021 - 2022 financial year to be 20% higher. Ross River Lid intends to maintain its current dividend payout ratio of 60% and expects to pay the annual dividend for 2021 - 2022 in 1 September, 2022. Irina Stanton owns 10% of the ordinary share capital of Ross River Ltd. She has no savings and her sole income comes from Ross River Ltd. If Irina wishes to buy $5,000 worth of furniture in September 2021, and at the same time pay all her other bills totalling $35,000, calculate how much can she consume in September 2022. Assume the market rate of interest is 8% per annum.

Reference no: EM132991216

Questions Cloud

What are the obstacles to expand : What are the obstacles to expand the use of hydro power int he U.S.?
Conclude that the television increases revenue : The manager of a small bar is trying to decide whether to invest in a large-screen television. The manager leases a television for ten weeks and monitors sales
Evaluate whether the project should be accepted : The cash flows are after tax and depreciation is charged at R30000 per year. Tax rate is 28%. Evaluate whether the project should be accepted
Determine teams are effective not with examples : What conditions or context factors determine teams are effective not with examples
How much can she consume in september 2022 : Ross River Ltd produces glass containers. In July 2021, the company reported net profits after tax of $500,000 for the financial year 2020 - 2021 and announced
What amount should Tris record on March : On March 1, 2020, the fair value of Tris's ordinary shares was 40 per share and the fair value of the warrants was 2. What amount should Tris record on March
Prepare a contribution format income statement for the year : Assume that the company produces and sells 87,000 units during the year at a selling price of $11.46 per unit. Prepare a contribution format income statement
What relationship between the pre-tax operating cash flow : What relationship between the pre-tax operating cash flow break-even point and the break-even point that makes the project's NPV zero
How much cash was paid out to suppliers : Question - The financial statements of Juliet Company show the following: How much cash was paid out to suppliers

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

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