Compare the ratios for each company against each other and draw a conclusion about each of the ratios. Interpret the meaning of the ratio in relation to your companies.
South West Airlines (2019) In millions
Payout Ratio = Cash Dividends on Common Stock / Net Income
= .372/2.3 / 2,300 * = 16.17% ( cash dividend taken from cash flow statement)
Return on Common Stockholder's Equity = Net Profit - Preferred Dividend / Average Common Stokholder's Equity
= (2,300 -0 ) / (17,945 +15,967)/2 = 2,300 / 16,956 = 13.56%
Times Interest Earned = Net income + Interest Expenses + Income Tax Expenses / Interest Expenses
= (2,300 + 118 + 779 ) / 118 = 27.09
American Airlines (2019) In millions
Payout Ratio = Cash Dividends on Common Stock/Net Income
0.40/3.80= 10.5% (cash dividend taken from cash flow statement)
Return on Common Stockholder’s Equity = Net Profit - Preferred Dividend / Average Common Stockholder’s Equity
= (1686-0) / (3,945+4,964)/2= 1,686 / 4,445.5 = 37.85%
Times Interest Earned = Net income + Interest Expenses + Income Tax Expenses / Interest Expenses
= (1,686+1,095+570) / 1095 = 3.06
In: Accounting
The Capital Corporation prepared the following production cost report for Department 1 for October of the current year.
Work in process inventory, October 1 2,000 units
Units started in production in October 7,000 units
Units transferred to finished goods inventory during October 6,900 units
Beginning work in process consisted of the following:
Direct materials $3,600
Direct labor $1,800
Manufacturing overhead $1,400
$6,800
Costs incurred in October
Direct materials $12,600
Direct labor $22,688
Manufacturing overhead $20,600
$55,888
Work in process inventory on October 31 is 100% complete as to direct materials and 60% complete as to conversion.
Compute Cost of Production Report for the month.
In: Accounting
Calculate ΔH°R for the reaction Mg(s) + 2H2O(l) → Mg(OH)2(s)+H2(g) at 350. K. Assume Cp,m does not change with Temperature. How much did ΔH°R change from 298.15K to 350. K?
In: Chemistry
Thalidomide is a tranquilizer that was prescribed in the late 1950’s and early 1960’s to pregnant women, with the devastating result of over 12,000 birth defects in 48 countries before it was banned in 1962. (It was never sold in the United States.) Since then, the drug has reappeared as a possible solution to a number of medical problems. The U.S. National Institutes of Health announced on 31 October 1995 the results of a study in 30 hospitals of the effectiveness of thalidomide in healing mouth ulcers in AIDS patients. In the study, which was chaired by Dr. Jeffrey Jacobson of the Bronx Veteran Affairs Medical Center and the Mount Sinai School of Medicine in New York, it was found that 14 out of 23 patients who received thalidomide had their ulcers heal compared to 1 out of 22 patients who received a placebo. As a result of these early trial outcomes, the researchers suspended the trial giving thalidomide to all the patients in the study. THIS IS ALL THE INFO GIVEN.
In: Statistics and Probability
| 1) | A magazine company sells a 1-year subscription for $23.88 and a 2-year | |||||||||||||||
| subscription for $38.16 on January 1, 2009. | ||||||||||||||||
| Create the journal entry to record both the sale and the associated | ||||||||||||||||
| adjusting entry on January 31, 2009 | (check figure: balance of unearned subscription revenue after all transactions = 58.46) | |||||||||||||||
In: Accounting
The annual subscription to a magazine costs $50 and this cost is expected to increase by 10 percent per year. A life subscription, on the other hand, costs $500. The relevant discount rate for analyzing this situation is 12 percent. In order to justify taking out a life subscription, what is your minimum life expectancy (approximately)
In: Finance
In: Statistics and Probability
Examine a popular magazine (i.e. Cosmopolitan, Glamour, and GQ) to determine what it teaches about close relationships (friendships or romantic relationships). Identify expectations about partners, behaviors, and feelings. Do you think these magazines have an effect on how you view your close relationships? At least 200 words.
In: Psychology
Read one of the assigned manual and provide a brief summary on what you learned and how you can implement it in your clinical practice with caring for patients.
American Dietetic Association (n.d.) High-calorie, High-protein nutrition therapy.
American Dietetic Association (n.d.) GERD nutrition therapy.
American Dietetic Association (2007). Clear liquid diet.
American Dietetic Association (n.d.). Nutrition therapy for Pureed diet.
In: Nursing
The middle 10% of American men consume between what two weights of sodium? when The average American man consumes 9.5 grams of sodium each day. Suppose that the sodium consumption of American men is normally distributed with a standard deviation of 0.9 grams. Suppose an American man is randomly chosen. Let X = the amount of sodium consumed. Round all numeric answers to 4 decimal places where possible.
In: Statistics and Probability