Company Zeta had retained earnings balance of $4 million in the previous year. In the current year, its net Income is $2.7 million. If it pays $1.1 million in ordinary dividends in the current year, what is the resulting earnings balance?

Q: In its most recent financial statement, Robredo , Inc. reported  P50,000,000 of net income and…

A: Dividends refer to the distribution of any portion of the profits or any surplus of the company…

Q: The Harbinger Corporation reported net income of $6 million and total assets of $7 million in its…

A: Earnings per share (EPS): The amount of net income available to each shareholder per common share…

Q: Edna Recording​ Studios, Inc., reported earnings available to common stock of ​$4,000,000 last year.…

A: a) Price of common stock (P0) = $39 Last dividend paid (D0) = $1.17 Growth rate (g) = 6%…

Q: Electronics World Inc. paid out $24 million in total common dividends and reported $255.6 million of…

A: Net income is the income that is available for distribution of dividends and retained earnings. It…

Q: Electronics World Inc. paid out $41.5 million in total common dividends and reported $278.4 million…

A: Retained earnings means accumulated earnings of the business, which the business has earned over a…

Q: At the beginning of the current year, Soron Corporation had 200,000 shares of $1 par common stock…

A: Retained earnings are the amount which was retained by the company after all of its expenses…

Q: In its most recent financial statements, Nessler Inc. reported $35 million of net income and $420…

A: The term retained earnings refer to the amount of net income that is distributed among the…

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $1,045…

A: Retained Earnings is the amount of earnings that is accumulated and that is attributable to the…

Q: Mori Company's net income last year was $25,000 and cash dividends declared and paid to the…

A: Cash flow statement is a statement which shows cash inflows and cash outflows of the business.

Q: Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid…

A: Given the following information: Addition to retained earnings: $285,000 Total equity: $4,850,000…

Q: In its most recent financial statements, ABC reported 28,000 of net income and 361,000 of retained…

A: Given: Net income $28,000 Ending retained earnings $361,000 Beginning retained earnings $353,000

Q: Lovelyn Co. paid one half of its earnings in dividends. Its earnings increased by 50% and the amount…

A: The dividend payout ratio is calculated by dividing the dividend per share by the earnings per…

Q: The board of directors of Kendall Co. declared cash dividends totaling $390,000 during the current…

A: Cash Dividend :- Dividend pay by company out of earning in the form of cash to shareholders.

Q: If JoBlo Inc., has a retained earnings opening balance of $50,000 at the beginning of the year, and…

A: Formula: Ending retained earnings balance = Beginning retained earnings balance + Net income -…

Q: Baka's Retained Earnings balance increased by P100,000 during the year. Baka also paid P30,000 in…

A: The details regarding the retained earnings, current dividend and past dividends are given. Required…

Q: Fuentes Corporation reported a net income of $152,000, declared dividends on common stock of…

A: Given the following information: Net income: $152,000 Declared dividends on common stock $50,000…

Q: KJ Inc. just reported a net income of 800 in its most recent year, and paid a dividend of 260. the…

A: Retained earnings, REt = REt - 1 + NIt - Dt where REt, NIt, Dt refer to retained earning, net income…

Q: Makers Corp. had additions to retained earnings for the year just ended of $285,000. The firm paid…

A: Given the following information: Additions to retained earnings: $285,000 Dividends paid in cash:…

Q: Ullrich Printing Inc. paid out $20,850 of common dividends during the year. It ended the year with…

A: Net income = Dividend Paid + Increase in retain earnings

Q: During the most recent quarter XYZ Corp had $1.6 million in revenues and 970, 800 in expenses. The…

A: Working note:

Q: KJ Inc. just reported a net income of 630 in its most recent year and paid a dividend of 390. If the…

A: Ending Balance of Retained Earnings = Beginning Balance + Net Income - Dividend

Q: In its most recent financial statements, Nessler Inc. reported $80 million of net income and $1,440…

A: Given that the net income in the current year is $80 millionRetained earnings in the current year is…

Q: A firm had a retained earnings balance of $3 million in the previousyear. In the current year, its…

A: Retained earnings are the accumulated earnings which are retained by the company to use for…

Q: Bulldogs Inc. is funded by both debt and equity and has a total liabilities to total asset ratio of…

A: Retained Earnings Breakpoint  = Retained Earnings ÷ Weight of equity    •Weight of equity =…

Q: Nataro, Incorporated, has sales of $678,000, costs of $340,000, depreciation expense of $84,000,…

A: Addition to retained earnings is the amount that is left over from net income after distributing…

Q: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

A: A company reported earnings available to common shareholders as $4,200,000 last year. From those…

Q: In its most recent financial statements, Nessler Inc. reported $55 million of net income and $605…

A: Retained earnings are the cumulation of net income that remains after paying the dividends to the…

Q: The net income of​ Hendley, Inc. for the year is $35,000. The dividends declared during the year…

A: Increase (decrease) in Retained Earnings = Net income for the year - Dividends declared during the…

Q: For the most recent year Camargo Inc., had sales of $556,000, cost of goods sold $248960,…

A:

Q: In its first four years of operations, Chance Communications reports net income of $300, $900,…

A:

Q: During the year, the XYZ Company paid $300,000 in interest. The company is in the 25% tax bracket.…

A: Free cash flow for the company refers to the net amount available in the form of cash and cash…

Q: A. If the market price of the common stock is $40 and dividends are expected to grow at a rate of 6%…

A: Company’s cost of retained earnings financing = (D1 or dividend next year/P0)+growth rate Company’s…

Q: Henderson Company had beginning-of-the-year total assets of $360,000 and total liabilities of…

A: Stockholder equity = Total assets - Total liabilitiesStockholder's equity = 360000-216000 =…

Q: A company has net income for the year of $20mm. It also pays $5mm in dividends and buys back $2mm of…

A: The following information is given in the question:   Net income for the year of $20mm Pays $5mm in…

Q: In its most recent financial statements, Del-Castillo Inc. reported $60 million of net income and…

A: The companies that are financed with equity do not pay all their earnings to shareholders as…

Q: yellow Fire had Net Income for the year just ended of $1,850, and the firm paid out $500 in cash…

A: Net Income is of $1,850 Cash dividend paid are $500 Common shares out standing are 10,000 Current…

Q: The management of Russel Ltd. is trying to decide whether it can increase its dividend. During the…

A: The net cash flow (FCF) represents the cash generated by a company after considering cash outflows…

Q: During 2014, Nonut Bakery paid out RM33,525 of common dividends. It ended the year with RM197,500 of…

A: Retained earnings and net income are related but distinct. There may be times when your business has…

Q: TeleLink reports retained earnings at the end of the current year of $32,598 million and retained…

A: Given ÷ Retained earnings at the end of the current year = $32,598 million Retained earnings at the…

Q: maynard enterprise paid $1,720 in dividends and $1,655 in interest over the past year. the common…

A: Dividend per share refers to the amount of the net income which is paid to the equity shareholders.…

Q: rnings, and it has ending total equity of Br. 6 million. If the firm currently has 125,000 shares of…

A: Earnings per share is the monetary worth of a company's earnings per outstanding share of common…

Q: In its Year 6 annual report, Sally Inc. reported net earnings of $4,242 million and dividends paid…

A: Forecast dividends on the basis of last year dividend to sales ratio

Q: 1. In its most recent financial statements, Nessler Inc. reported $50 million of net income and $550…

A: Net Income = $50 million Current Retained Earning =$550 million Previous Retained Earning = $512…

Q: In its most recent financial statements, Nessler Inc. reported $60 million of net income and $660…

A: Equity capital is the funds invested by the owners of the company. The equity holders of the owners…

Q: The total assets of Blue Co. is funded by both debt and equity with a debt to equity ratio of 100%.…

A: Here discuss about the details of to find out the additional amount which are added into the…