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The company had a 50% dividend payout ratio in 2015. If Brooks wants to maintain this payout ratio in 2016, what will be its per-share dividend in 2016? Round your answer to the nearest cent.$

Question and Answers Brooks Sporting Inc. is prepared to report the following 2016 income statement (shown in thousands of dollars). Sales $15700 Operating costs including depreciation 12246 EBIT $3454 Interest 264 EBT $3190 Taxes (40%) 1276 Net income $1914 Prior to reporting this income statement, the company wants to determine its annual dividend. The company […]

Prepare a critical thinking analysis to determine whether the sale of the cottage would be considered business income or a capital gain.

Accounting Prepare a critical thinking analysis to determine whether the sale of the cottage would be considered business income or a capital gain. If you determine the sale would be a capital gain, then determine whether it would qualify for the principal residence exemption. Prepare a calculation to determine the best use of the principal […]

Calculate your Net Income (Total Income minus Total Expenses) for each month.

Excel Create your own personal 3-month budget in an Excel workbook. Using real numbers is not necessary (nor is it encouraged for privacy reasons). Generate this workbook from scratch by using a standard layout and structure for the budget workbook. Do not use an Excel template; however, you are welcome to refer to a template […]

Distinguish between ideal standards and attainable standards.

management accounting Question 1 a. Kingston Baker’s Ltd. most recent monthly contribution format income statement is given below: Sales ………………. $60,000 Less variable expenses .. 45,000 Contribution margin ….. 15,000 Less fixed expenses ….. 18,000 Net loss ……………. ($ 3,000) The company sells its only product for $10 per unit. There were no beginning or […]

What is the account and amount of the top line item on the Statement of Comprehensive Income?What is the account and the amount of the bottom line item on the Statement of Comprehensive Income?

Respond to one or more question(s) from each of the three categories below. Category: Revenue and Net Income 1. What was the corporation’s net sales, cost of goods sold, and gross profit? 2. What was the corporate tax rate? 3. What was the corporation’s net interest expense? Category: Comprehensive Income 1. What is the account […]

How do you calculate the level of net working capital (NWC)? What is the value of NWC at the end of Year 0, 1, and 6?

When calculating incremental unlevered net income, should we include all the expenses mentioned in the case? If not, what expenses should we exclude and why. Is there a big jump of unlevered net income from Year 5 to Year 6? Why? How do you calculate the level of net working capital (NWC)? What is the […]

What is Small’s portion of the net income? What is Big’s portion of the net income?

Two people are starting a small IT firm. They come to you for advice on how to form a partnership. They have listed 2 scenarios and are asking you how to make journal entries for each one of the following transactions: Two partners, A and B, start a partnership. Partner A’s investment is the following: […]

How should Mr. Wrong have recorded the transaction? What are the ethical aspects of Mr. Wrong’s action?

Mr. Right and Mr. Wrong own an antique store in a partnership. They share profits and losses equally and receive an annual salary of $50,000, as per the partnership agreement. Mr. Right travels the country buying antiques. Mr. Wrong manages the store. From time to time, they use some of the small items from the […]

Compare the ratio analysis of 5 different supermarkets over a five years period .

Compare the ratio analysis of 5 different supermarkets over a five years period . The list of the supermarkets are Tesco Sainsbury’s Waitrose Morrison Marks and spencer The impact of working capital management on firm profitability. Evidence from the UK 5 supermarkets over 5 years period. This must be on excel spread sheet. The ratios […]

Evaluate impacts of company goals and finances for their implications on stockholder equity, using financial information to support claims.Identify sources of other comprehensive income not included in net income.

Description Based on the uploaded data: Executive Summary: Compose a report that appropriately communicates the impact of revisions to stakeholders. A. Identify sources of other comprehensive income not included in net income. [ACC-309-01] B. Explain rationale for inclusion as comprehensive income (as opposed to net income) of nondisclosure within notes. [ACC-309-02] C. Evaluate impacts of […]

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