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NEW QUESTION: 1
The length of Cassie's family room is exactly two thirds the length of her master bedroom. Both rooms are
rectangular, and the area of the two rooms is the same. If Cassie's family room has a length of L and a
width of W, which of the following represents the perimeter of her master bedroom?
A. Option E
B. Option B
C. Option A
D. Option D
E. Option C
Answer: A
NEW QUESTION: 2
Your customer wants to know what distinguishes HPE servers from other servers. What is one distinguishing feature of HPE Gen10 servers?
A. They are more affordable than white box servers.
B. They are the most secure industry standard servers.
C. They provide the largest storage footprint in the industry.
D. They provide more compute power than any other servers on the market.
Answer: B
NEW QUESTION: 3
A financial analyst with Smith, Kleen & Beetchnutty is examining shares of a publicly-traded specialty brewer. Assume the following information:
EPS: $1.83
ROE: 19.00%
Growth rate of dividends: 10.85%
Discount rate: 12.50%
Tax Rate 35%
Using this information, what is the dividend payout ratio for this specialty brewer? Further, what is the annual dividend?
A. The answer cannot be determined from the information provided.
B. 42.90%, $0.79
C. 42.90%, $1.05
D. 38.13%, $0.70
E. 50.76%, $0.93
F. 57.11%, $1.05
Answer: B
Explanation:
Explanation/Reference:
Explanation:
To determine the dividend payout ratio, the equation used to determine the growth rate of dividends must be manipulated. This equation is originally structured as follows:
{g = ROE (1 - Dividend Payout Ratio)}
In order to determine the Dividend Payout Ratio, the equation must be rearranged to the following: {(1 - Dividend Payout Ratio) = Growth Rate of Dividends / ROE}.
Imputing the given information into this equation will yield:
{(1 - Dividend Payout Ratio) = 0.1085/0.19)} = 0.57105
Finally, subtracting this answer from 1 will yield the answer of 42.90% for the dividend payout ratio.
(Remember that the original answer, 0.57105, is the retention rate, not the dividend payout ratio).
In order to determine the annual dividend, take the Dividend Payout Ratio, which was found to be 42.90%, and multiply this figure by the Earnings Per Share calculation, which is given as $1.83. This will yield an annual dividend of $0.785
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