Homework Helper

Not Rated (0)

$17/per page/

About Homework Helper

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Art & Design,Chemistry,Economics,Essay writing Hide all
Teaching Since: Apr 2017
Last Sign in: 419 Weeks Ago, 2 Days Ago
Questions Answered: 3232
Tutorials Posted: 3232

Education

  • MBA,MCS,M.phil
    Devry University
    Jan-2008 - Jan-2011

  • MBA,MCS,M.Phil
    Devry University
    Feb-2000 - Jan-2004

Experience

  • Regional Manager
    Abercrombie & Fitch.
    Mar-2005 - Nov-2010

  • Regional Manager
    Abercrombie & Fitch.
    Jan-2005 - Jan-2008

Category > Business & Finance Posted 02 Jun 2017 My Price 9.00

Major Manuscripts, Inc. 2012 Income Statement

Major Manuscripts, Inc.
2012 Income Statement
Net sales $ 9,100
Cost of goods sold   7,415
Depreciation  

340
Earnings before interest and taxes $ 1,345
Interest paid  

25
Taxable Income $ 1,320
Taxes  

449
Net income

$

871
Dividends $ 252

 

Major Manuscripts, Inc.
2012 Balance Sheet
  2012     2012
Cash $ 2,290   Accounts payable $ 2,750
Accounts rec.   980   Long-term debt   250
Inventory  

3,900

   Common stock $ 2,500
Total $ 7,170   Retained earnings  

5,600
Net fixed assets  

3,930

        
Total assets

$

11,100

   Total liabilities & equity

$

11,100


Major Manuscripts, Inc., does not want to incur any additional external financing. The dividend payout ratio is constant. What is the firm's maximum rate of growth?

  5.28 percent
  6.09 percent
  18.70 percent
  5.91 percent
  8.95 percent

Answers

Homework Helper
Not Rated (0)
Status NEW Posted 02 Jun 2017 03:06 AM My Price 9.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)