subject
Business, 29.11.2020 20:00 imhorribleatmath90

The newspaper reported last week that Bennington Enterprises earned $34.04 million this year. The report also stated that the firm’s return on equity is 13 percent. Bennington retains 85 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e. g., 32.16))What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
question
Business, 22.06.2019 20:30
Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
You know the right answer?
The newspaper reported last week that Bennington Enterprises earned $34.04 million this year. The re...
Questions
question
Mathematics, 28.10.2020 17:50
question
Mathematics, 28.10.2020 17:50
question
Mathematics, 28.10.2020 17:50