User Account

All Pages

What is jimmy pesto dividend payout ratio

Assignment Help Financial Accounting
Reference no: EM132750436

Problme 1: If Jimmy Pesto has 5 million shares outstanding, operating income (EBIT) of $33.88 million, and interest expenses of $2.4 million, what is Jimmy Pesto's dividend payout ratio, given that the dividend per share is $2.64? Assume a marginal tax rate of 28%.

Reference no: EM132750436

Questions Cloud

Four classifications of big data structure types : Briefly describe each of the four classifications of Big Data structure types
Elaborate three mechanisms involved in frog respiration : Elaborate three mechanisms involved in frog respiration.
Discuss orientation program and employee productivity : What do you think the correlation between companies who invest heavily in their orientation program and employee productivity and retention?
Describe how urine is formed and excreted in frogs : Describe how urine is formed and excreted in frogs. Include in the discussion the structures involved in the process.
What is jimmy pesto dividend payout ratio : Interest expenses of $2.4 million, what is Jimmy Pesto's dividend payout ratio, given that the dividend per share is $2.64? Assume a marginal tax rate of 28%
Describe the step-by-step fertilization process in amphibian : Describe the step-by-step fertilization process in an amphibian. Include in the discussion the structures involved in the process.
Differences between the females and males : Discuss the anatomical differences between the females and males, which may account for the prior being more at risk of urinary tract infections.
Evolution and trends : Research at least two articles on the topic of Information systems infrastructure: evolution and trends.
How much of the total amount of proceeds from the sale : Sam Scurry bought several hundred shares of annable.com at a price. How much of the total amount of proceeds from the sale will Sam get to keep?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Question morganton company manufactures one product and it

question morganton company manufactures one product and it provided the subsequent information to help create the

  Raw lumber division and a finished lumber

Calgary Lumber has a raw lumber division and a finished lumber. Should Calgary Lumber process raw lumber into it's finished form? Show your calculations

  What total amount of income from investment should

What total amount of income and other revenue from investment should Horizon Company disclosed in its December 31, 2017 profit or loss?

  What is the break-even point in sales units

ABC Company sells a product that sells for $20 per unit. Variable costs are $8 per unit, and fixed costs total $12,000 annualy. What is the product's CM ratio? What is the break-even point in sales dollars? What is the break-even point in sales units..

  The labor efficiency variance

Midgley Corporation makes a product whose direct labor standards are 0.6 hours per unit and $38 per hour. In April the company produced 7,850 units using 4,210 direct labor-hours. The actual direct labor cost was $88,410.

  What is the new sales price in nzd

NZD appreciates by 16.22% against the USD. What is the new sales price in NZD after the NZD appreciation? Assume that Kim Inc. is an exporter firm

  What is fred tax basis for the land that he received

The stock of Broward Corporation is owned by Ted (65%) and Fred (35%) who are father and son. Pursuant to a plan of complete liquidation, Broward distributes land with a fair market value of $400,000 to Fred in exchange for his stock. How much gain o..

  What would mcentire report as total retained earnings

Assume McEntire Corp. restricted retained earnings in the amount of $70,000 on December 31, 2010. After this action, what would McEntire report as total retained earnings in its December 31, 2010, balance sheet?

  What acquisitions net of dispositions is

Shannon LLC has PP and E (net) of 220 on 12/31/15 and 160 on 12/31/14. Depreciation for 2015 is 170. Acquisitions net of dispositions for 2015 is

  How much will each of the newly grads have at retirement

Joe however does not plan to begin investing until 10 years after Donald begins to invest. How much will each of the newly grads have at retirement?

  What is income tax bill for the second job

What would be the total amount you pay in social insurance taxes on your second job? What is your income tax bill for the second job?

  Variable sales commission and manufacturing costs

Jones sells a single product with fixed costs of $405,000 per year. How many units must be sold to make $50,000 before taxes? How many units to make $30,000 after taxes? What is net income if we sell 9,000 units? Jones is selling 8,000 units- They be..

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