Business, 18.03.2021 01:40, shaylarreyes

Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 45,000 Costs 35,000 Taxable income $ 10,000 Taxes (22%) 2,200 Net income $ 7,800 Dividends $ 1,600 Addition to retained earnings 6,200 The projected sales growth rate is 16 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Input all answers as positive values. Do not round intermediate calculations.)

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:30, 2936131

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u. s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

Answers: 2

continue

Business, 22.06.2019 07:40, tipbri6380

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Answers: 3

continue

Business, 22.06.2019 11:30, levy72

10. lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d incorrect

Answers: 2

continue

Business, 22.06.2019 14:30, crystalryan3797

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695

Answers: 2

continue

Do you know the correct answer?

Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Inc...