How will the dividend affect each company balance sheet

Assignment Help Accounting Basics
Reference no: EM133187073

Question - Ronaldo Inc. holds a 8% equity investment in Randolph Corporation stock. Gruber Investments holds 34% of Randolph Corporation stock. On August 10, 2020, Randolph Corporation declares and pays dividends to its stockholders. How will the dividend affect each company's balance sheet account: Randolph Corporation investment?

Ronaldo, Inc: No effect: Gruber Investments: Decrease

Ronaldo, Inc: No effect: Gruber Investments: No effect

Ronaldo, Inc: Decrease: Gruber Investments: No effect

Ronaldo, Inc: Decrease; Gruber Investments: Decrease

Reference no: EM133187073

Questions Cloud

Moyne commission on the economic development : The potential impact of the Resolutions of the British-Guiana and West-India Labour Congress to the Moyne Commission on the economic development of the Caribbea
Journalize the december adjusting entries : Journalize the December 31 adjusting entries (a) to adjust the unearned fees account and (b) to record the accrued fees
Find negative effect on the business : I. A press conference can have a positive effect on the business if done correctly and a negative effect on the business if done incorrectly. Research press con
Present management plan that addresses : Imagine you are a new manager at the SNHU Pet Supply Company. The company has grown from a small, local pet-supply company into a large organization with locati
How will the dividend affect each company balance sheet : Randolph Corporation declares and pays dividends to its stockholders. How will the dividend affect each company's balance sheet account
What is the current share price : Foxtrap Bearings Inc. is a young start-up company. If the required return on this stock is 13.5%, what is the current share price
Relationship between sampling and market : Former president Donald Trump copped on Sunday to his long-held strategy for polling and headlines: "If it's bad, I just say it's fake!"
What will you pay for a share today : Question - Foxtrap Inc. is a mature manufacturing firm. The company just paid a $9.40 dividend, What will you pay for a share today
How unconventional training can be used : Collaborate with your group to write a 500-word report on how unconventional training can be used to teach stronger teamwork skills.

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