User Account

All Pages

What is the maximum amount of dividends per share that

Assignment Help Finance Basics
Reference no: EM13575549

Philips Rock and Mud is trying to determine the maximum amount of cash dividends it can pay this year. The company has 250,000 shares outstanding. Assume its balance sheet is as follows: Assets Cash $ 412,500 Accounts Receivable 900,000 Fixed Assets 987,500 $2,300,000 Liabilities and Shareholders' Equity Accounts Payable $ 445,000 Long-term Payable 280,000 Common Stock 600,000 Retained earnings 975,000 $2,300,000 From a legal perspective, what is the maximum amount of dividends PER SHARE that the firm could pay? In terms of cash availability, what is the maximum amount of dividends PER SHARE the firm could pay?

Reference no: EM13575549

Questions Cloud

On june 30 2009 sideways movers had 243000 in current : on june 30 2009 sideways movers had 243000 in current assets and 211000 in current liabilities. on august 1 2009
On january 1 2010 lead inc issues five-year 10000000 9 : on january 1 2010 lead inc. issues five-year 10000000 9 percent notes at 98 9800000. the discount at the time of sales
It is expected to provide after-tax operating cash inflows : should tangshan mining company accept a new project if its maximum payback is 3.25 years and its initial after tax
Finney container company is suffering declining sales of : finney container company is suffering declining sales of its principal product non-biodegradable plastic cartons. the
What is the maximum amount of dividends per share that : philips rock and mud is trying to determine the maximum amount of cash dividends it can pay this year. the company has
Waveland corporations research and development department : waveland corporations research and development department has an idea for a project it believes will culminate in a new
When you have learned enough about the two chart types you : when you have learned enough about the two chart types you selected return to our discussion and answer the following
A small cohort study is conducted in 13 patients with an : a small cohort study is conducted in 13 patients with an aggressive cellular disorder linked cancer. the clinical
The financial records of dunbar inc were destroyed by fire : the financial records of dunbar inc. were destroyed by fire at the end of 2012. fortunately the controller had kept

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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