Homework Answers
Answer:
Avg stockholders equity = (2581+2887)/2 = 2734
Return on common stockholders equity = net income / Avg
stockholders equity
= 450 / (2647+2886)/2
=450/2766.5
= 16.27%
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Question 11 --/1 View Policies Current Attempt in Progress SUPERVALU, one of the largest grocery retailers...
11-12 a2 SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in...
11-12 a2 SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions) was taken from the company’s 2022 annual report: net sales $44,597, net income $393, beginning stockholders’ equity $2,581, and ending stockholders’ equity $2,887. There were no dividends paid on preferred stock. The return on common stockholders’ equity is 14.37%. Provide a brief interpretation of your findings.
SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose...
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SUPERVALU, one of the largest grocery retailers in the United States, is headquartered in Minneapolis. Suppose the following financial information (in millions) was taken from the company’s 2022 annual report: net sales $44,597, net income $393, beginning stockholders’ equity $2,581, and ending stockholders’ equity $2,887. There were no dividends paid on preferred stock. The return on common stockholders’ equity is 14.37%. Provide a brief interpretation of your findings.
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Question 4 View Policies Current Attempt in Progress The following financial information is available for Sunland Corporation. (in millions) Average common stockholders' equity Dividends declared for common stockholders Dividends declared for preferred stockholders Net income 2020 $2.554 3 17 45 520 2019 $2,608 668 45 576 Calculate the payout ratio and return on common stockholders' equity for 2020 and 2019. (Round answers to 1 decimal plc 2020 2019 Payout ratio Return on common stockholders' equity e Textbook and Media
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