Thank you very much. You did an excellent job on the power point presentation. Thanks!
Q#2: Acme Corporation consists of 250 grocery stores throughout the West. At the beginning of 2015 its statement of net worth showed the following information: Common Stock $1,800,000 and retained earnings $500,000. During the year net income equalled $160,000. Management was undecided on what to do with the income. Acme paid a dividend of $0.35 last year and the stock price is currently $14.50. Acme has a 6% growth rate in earnings and dividends, and is in the 40% tax bracket. A. What return on investment would Acme have to earn in order to justify retaining 2015’s earnings? B. What changes would occur in the statement of net worth if a $.25 cash dividend was paid? If a 5% stock dividend was given and no cash dividend was paid?
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more