What is the firm earnings growth rate

Assignment Help Financial Accounting
Reference no: EM132864680

The newspaper reported last week that Bennington Enterprises earned $34.06 million this year. The report also stated that the firm's return on equity is 14 percent. The firm retains 85 percent of its earnings.

Problem 1: What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Problem 2: What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.)

Reference no: EM132864680

Questions Cloud

Compute the amount of depletion expense for the current year : Price Company has acquired the rights to a developed coal mine at a cost of $1,500,000. Compute the amount of depletion expense for the current year.
Compute the book value of the equipment at the end of year : On January 2, Year 1, Flores Company purchased equipment costing $54,000. Compute the book value of the equipment at the end of Year 8.
How many orders should ace in the sleeve place next year : How many orders should Ace in the Sleeve place next year? Ace in the Sleeve Co, an online retailer, sells decks of playing cards.
Create the model and optimise the profit for the plant : Create the model and optimise the profit for the plant described in the following. You need to simulate ten days operation after an appropriate warm-up period
What is the firm earnings growth rate : What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Organization of mnc and factors influencing structure : Identify the types of circumstances that will cause your organization to change its structure to an international division then explain
How much should the annual deposit be increased : Will the CFO's planned deposits be sufficient to meet the obligation? If the planned deposits are insufficient, how much should the annual deposit be increased
What are disrupting technologies : 1-What is disintermediation? Give an example.
What is the probability that in the? sample : What is the probability that in the? sample, between 29?% and 37?% are more likely to buy stock in a company based in Country? A, or shop at its? stores

Reviews

Write a Review

Financial Accounting Questions & Answers

  What jack capital gains taxes are

Jack sold $20,000 worth of stocks that were purchased one year ago for $15,000. He is in a 22% tax bracket. Jack's capital gains taxes are

  Prepare an adjusting journal entries for year ended december

Prepare an adjusting journal entries for the year ended December 31, 20X7. Extracts from Bonsai Products Corp.'s (BPC) unadjusted trial balance

  What is the pv of the debt tax shield

If a company issues 52,500 rupees worth of debt and has a corporate tax rate of 35%, what is the PV of the debt tax shield? 52500

  Find finances partial payment of the sale of machinery

On April 1, 20X0, your company finances partial payment of the sale of machinery to a customer for a $20,000, 3-year, 8% note receivable.

  What was shareholders equity as of december

What ($ in 000s) was shareholders' equity as of December 31, 2012? What ($ in 000s) was shareholders' equity as of December 31, 2012?

  What the gain or loss on disposal will be

Deland sold the machine on January 1, 2006, for $30,000. The gain or loss on disposal will be? Deland Company purchased an equipment for $35,600 on Jan 1, 2005.

  Insert the missing figures in the given examples

Insert the missing figures in the following examples.

  Fuel product quality and efficiency

The employee and his/her level of determination and subsequent job satisfaction are what fuel product quality and efficiency.

  How much did the company spend on offering costs

How much did the company spend on offering costs related to this initial public offering (IPO) in 2015? What amount of common stock did FitBit Inc. issue in exchange for acquisitions?

  Compute the effective interest rate of the bond issue

Compute the effective interest rate of bond issue. Miller, Inc. sold $1,000,000 of bonds at par on January 1, 2018. The 3-year, 6% bonds pay interest each year.

  How much does jimmy earn for cleaning

For the next 15 levels he gets an extra 15% per window, and above this he gets 20% extra as danger money. How much does Jimmy earn for cleaning?

  Evaluate the annual rate of return for cash discounts

Calculate the appropriate annual rate of return on investment of the following cash discount terms and evaluate the annual rate of return for the cash Discounts

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