User Account

All Pages

What will be next year earnings per share

Assignment Help Financial Accounting
Reference no: EM132949974

Problem 1: Spencer supply stock is currently saving for $30 a share the firm is expected to earn $8.40 per share this year and to pay your own dividends of $1.50. Investors require 10% return and if Spencer reinvest earnings and projects with an average returns equal to the stocks expected rate of return than what will be next year's earnings per share?

A. 8.72
B. 8.82
C. 8.51
D. 8.61
E. 8.40

Reference no: EM132949974

Questions Cloud

Five functions critical to managerial effectiveness : List and describe the five functions critical to managerial effectiveness according to Henri Fayol's school of thought.
What is the standard deviation for the sample : What is the standard deviation for this sample? Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve
Predict the annual sales in china in 2020 : For Problem 2, predict the annual sales in China in 2020.
What are the auditor responsibilities for going concern : What are the auditor's responsibilities for 'going concern'? Explain the difference between the two types of subsequent events
What will be next year earnings per share : If Spencer reinvest earnings and projects with an average returns equal to the stocks expected rate of return than what will be next year's earnings per share?
Apply a supply chain and scor model : 1. Apply a supply chain and SCOR model (plan, supply, make, deliver and return) to a fictitious company of your choice. Give practical examples of each function
Why is it important to monitor resource use against : Why is it important to monitor resource use against the resource plans that were forecast and to identify any areas for improvement?
How much would the capital structure shift change the firm : If the risk-free rate is 5.0% in the market risk premium at 6.0% by how much would the capital structure shift change the firms cost of equity?
How much are the annual instalments : How much are the annual instalments? How much of the each payment for 5 years goes towards reducing the principal

Reviews

Write a Review

Financial Accounting Questions & Answers

  Using a horizontal financial statements model

Warner Company received $48,000 cash in advance for services to be performed over the one-year period from September 1, 2015 through August 31, 2016. Using a horizontal financial statements model, which of the following statements does not correctly ..

  Treasury stock-the contract interest rate for bonds

Frick Corporation issued $100,000 of 7%, 15-year bonds on June 1, 2014 (dated April 1 2014) at 101 plus accrued interest, which is paid on April 1 and October 1. The proper entry to record issuance of the bonds includes a debit to Cash for: The contr..

  What is the impact on total shareholders equity

Our company had 20,000 shares of common stock outstanding. Par value is $10. Our company approved a 2-for-1 stock split. What are the common stock shares and par value after the split? What is the impact on total shareholders’ equity?

  Recognise all the transactions as journal in accounting

BB (Pty) Ltd, Recognise the all the transactions above as journal in the accounting records of BB (Pty) Ltd which relate to the trademark

  Determine the amount of the adjusting entry for bad debt

Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Determine the amount of the adjusting entry.

  Determine the amount of interest expense

On July 1, 2016, Ross-Livermore Industries issued nine-month notes in the amount of $400 million. Interest is payable at maturity. Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each of ..

  What amount must the company add to the sinking fund

If Ozona Minerals can invest at 5%, what amount must the company add to the sinking fund each year to comply with the sinking fund requirement?

  Which three statement are true about receipt capture feature

Which 3 statements are true about the Receipt Capture feature in QuickBooks Online? You can create new transactions from imported receipts

  Determine The flexible-budget variance for materials is

Determine The flexible-budget variance for materials is? Goodard Inc. planned to use $156 of material per unit but actually used $141

  Prepare entries for Martin

Prepare 2022 entries for Martin. Assume that Martin estimates the total cost of servicing the warranties will be €59,400 for the 2 years

  What is the after-tax salvage value of the machine

If they can sell the noodle-processing machine now for $13,000, what is the after-tax salvage value of the machine? Use 40% for the effective tax rate.

  Determine the goodwill on consolidation

Determine the goodwill on consolidation that will appear in the consolidated statement of financial position of the Remington Company

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