How much in dividends did the firm pay to shareholders

Assignment Help Accounting Basics
Reference no: EM132725794

Problem - In its most recent financial statements, Del-Castillo Inc. reported $70 million of net income and $900 million of retained earnings. The previous retained earnings were $855 million. How much in dividends did the firm pay to shareholders during the year?

Reference no: EM132725794

Questions Cloud

What are the various networking behaviors : What are the various networking behaviors one should describe to Eddie and which ones are most effective?
What is the free cash flow : Zucker Inc. recently reported $4 million in earnings before interest and taxes (EBIT). Its federal-plus-state tax rate is 25%. What is the free cash flow
How do prepare the journal entries to record the share : How do Prepare the journal entries to record the Share Appreciation Rights (SARs) package, and the payment on December 31, 2022
Challenges in managing information systems : What are the major challenges in managing information systems?
How much in dividends did the firm pay to shareholders : The previous retained earnings were $855 million. How much in dividends did the firm pay to shareholders during the year
Apply laplace smoothing to the conditional probabilities : Write a Python function which, given a dataframe, constructs (and returns) a Naïve Bayesian network - corresponds to an instance in the dataset
Discuss cloud computing : Discuss Cloud Computing in terms of fueling open innovation.
Demonstrate how does accounting help decision makers : Demonstrate How does accounting help decision makers? by providing snapshots of a company's performance. / by using the past to change the future
What was its net cash flow : Problem - Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow

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.

  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!

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