B&O Railroad Inc transports industrial products and supplies throughout the North Eastern United States. Selected financial information for B&O is provided in the table below
B&O is considering a stock dividend of 10%, whereby each shareholder of record will receive one additional share for each 10 shares that they own. What will shares outstanding be after the dividend?
B&O Railroad Inc
Selected Financial Information
Stock Price $68
EPS $6.00
Dividends per share $1.24
Payout Ratio 20.66%
Shares Outstanding 150M
A) 160.5M
B) 165.0M
C) 165.5M
D) 170.5M
E) 175.0M
B
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A company had 48,000 shares outstanding from January 1 to June 1 and 72,000 shares outstanding from June 1 to December 31 . What is the weighted-average number of shares used in earnings per share calculations?
a. 58,000 b. 60,000 c. 62,000 d. 64,000
Data on Shin Inc for last year are shown below, along with the inventory conversion period (ICP) of the firms against which it benchmarks. The firm's new CFO believes that the company could reduce its inventory enough to reduce its ICP to the benchmarks' average. If this were done, by how much would inventories decline? Use a 365-day year. Do not round your intermediate calculations. Cost of goods sold =$71,000Inventory =$20,000Inventory Conversion Period (ICP) =102.82Benchmark Inventory Conversion Period (ICP) =38.00?
A. $12,608 B. $14,752 C. $11,221 D. $11,347 E. $12,482
Marketing cost analysis starts with the assumption that
A. all marketing expenditures should be treated as overhead expenses. B. marketing expenditures are made for a specific purpose-and so it makes sense to allocate costs to different market segments, customers, or products. C. overall profit is what counts-so it isn't critical if some market segments, products, or customers are unprofitable. D. "natural accounts" are more useful than "functional accounts." E. All these answers are correct.
One problem with ratio analysis is that relationships can be manipulated. For example, we know that if our current ratio is less than 1.0, then using some of our cash to pay off some of our current liabilities would cause the current ratio to increase and thus make the firm look stronger.
Answer the following statement true (T) or false (F)