BUS 401 PRINCIPLES OF FINANCE ASSIGNMENT- Ashford University
1. JP Corp. has a retained earnings balance of $1,000,000. The company reported net income of $300,000, sales of $2,000,000, and had 100,000 shares of common stock outstanding. The company announced a dividend of $1 per share. Therefore, the company's dividend payout ration is ___.
2. Financial leverage could mean financing some of a firm's assets with ___.
3. Dividend policy is influenced by ___.
4. The break even point in sales dollars is convenient if ___.
5. Which of the following will result from a stock repurchase?
6. Stock dividends ___.
7. Break even analysis is used to study the effect on EFT of changes in all of the following except:
8. The final approval of a dividend payment comes from ___.
9. Dividends generally ___.
10. A justification for no dividend payments that would be pleasing to shareholders could be ___.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.