Homework Answers
Payout Ratio = Total Dividends/Net Income
Payout Ratio = ($6000 + $4000)/$30000
Payout Ratio = $10000/$30000
Payout Ratio = 33.33% (Option a)
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The following information pertains to Marsh Company. Assume that all balance sheet 20. amounts represent average...
Company Assume that a balance sheet The following information pertains to Band amounts represent average balance fig...
Company Assume that a balance sheet The following information pertains to Band amounts represent average balance figures Total assets Stockholders' equity common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends $300,000 150,000 200,000 100.000 25.000 6.000 5.000 7,000 22. What is the return on common stockholders' equity ratio for Benedict? a 16.7% b. 12.0% c. 13.3% d. 9.0% 23. The following information pertains to Marsh Company. Assume that all balance sheet...
The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance...
The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Also assume that all balances are normal balances. Total assets - $300,000 Stockholders' equity-common - $150,000 Total stockholders' equity - $200,000 Sales - $100,000 Net income - $25,000 Number of shares of common stock outstanding - 6,000 Common stock dividends declared and paid - $6,000 Preferred stock dividends declared and paid - $4,000 What is the payout ratio for Greenwich? 40% 24% O...
The following information pertains to Marsh Company for the current! year: Average total assets, $400,000 Average...
The following information pertains to Marsh Company for the current! year: Average total assets, $400,000 Average common stockholders' equity, $200,000 Sales, $120,000 Net income, $24,000 Dividends on common stock, $9,000 Dividends on preferred stock, $6,000 What is the company's return on common stockholders' equity for the current year? 7.5%. 60%. 9%. 4.5% 12%.
24. The following information pertain amounts represent average balance figures nation pertains to Benedict Company Assume...
24. The following information pertain amounts represent average balance figures nation pertains to Benedict Company Assume that all balances balance sheet Total assets $300,000 Stockholders' equity-common 150,000 Total stockholders' equity 200,000 Sales revenue 100.000 Net income 25,000 Number of shares of common stock 6,000 Common dividends 5.000 Preferred dividends 7,000 What is the return on common stockholders' equity ratio for Benedict? a. 16.7% b. 12.0% c. 13.3% d. 9.0% 25. All of the following are normally found in a corporation's...
QUJIUNT 2 10.3 points) The following information pertains to Greenwich Company. Assume that all balance sheet...
QUJIUNT 2 10.3 points) The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Also assume that all balances are normal balances. Total assets - $300,000 Stockholders' equity-common - $150,000 Total stockholders' equity - $200,000 Sales - $100,000 Net income - $25,000 Number of shares of common stock outstanding - 6,000 Common stock dividends declared and paid - $6,000 Preferred stock dividends declared and paid - $4,000 What is the return on common...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 80,000 Accounts receivable (net) 30,000 Inventory 26,000 Property, plant, and equipment 300,000 Total assets 436,000 Liability and Stockholders’ Equity Current liabilities 81,000 Long-term liabilities 100,000 Stockholders’ equity – common 255,000 Total Liabilities and Stockholders’ Equity 436,000 Income Statement Sales 230,000 Cost of goods...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that al sales were on credit. Use this information to answer the question that follow Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Tot assets $ 30,000 20,000 15.000 000 $250,000 Lalities and Stockholders' Equity Currentlablities Long term liblibes Stockholders oily Common Total be d stockholders equity $ 45.000 70,000 135,000 $250,000 Income Statement...
15.The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average...
15.The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments $ 30,000 Accounts receivable (net) 20,000 Inventory 15,000 Property, plant, and equipment 185,000 Total assets $250,000 Liabilities and Stockholders' Equity Current liabilities $ 45,000 Long-term liabilities 70,000 Stockholders' equity—Common 135,000 Total liabilities and stockholders' equity $250,000 Income Statement Sales...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and e...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on cred Assets Cash and short-term investments $ 30,000 Accounts receivable (net) 20.000 15,000 Inventory Property, plant, and equipment Total assets 185.000 $250,000 Liabilities and Stockholders' Equity Current liabilities $ 45,000 Long-term liabilities 70.000 135.000 Stockholders' equity-Common Total liabilities and stockholders' equity $250.000 Income Statement Sales $85,000 Cost of goods sold 45.000 $40,000 Gross margin...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average...
The following information pertains to Jones Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments 50,000 Accounts receivable (net) 50,000 Inventory 23,000 Property, plant, and equipment 308,000 Total assets 431,000 Liability and Stockholders’ Equity Current liabilities 75,000 Long-term liabilities 120,000 Stockholders’ equity – common 236,000 Total Liabilities and Stockholders’ Equity 431,000 Income Statement Sales 265,000 Cost of goods sold 89,000 Gross profit 176,000 Operating Expenses 80,000 Net Income ...
Company Assume that a balance sheet The following information pertains to Band amounts represent average balance figures Total assets Stockholders' equity common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends $300,000 150,000 200,000 100.000 25.000 6.000 5.000 7,000 22. What is the return on common stockholders' equity ratio for Benedict? a 16.7% b. 12.0% c. 13.3% d. 9.0% 23. The following information pertains to Marsh Company. Assume that all balance sheet...
The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Also assume that all balances are normal balances. Total assets - $300,000 Stockholders' equity-common - $150,000 Total stockholders' equity - $200,000 Sales - $100,000 Net income - $25,000 Number of shares of common stock outstanding - 6,000 Common stock dividends declared and paid - $6,000 Preferred stock dividends declared and paid - $4,000 What is the payout ratio for Greenwich? 40% 24% O...
The following information pertains to Marsh Company for the current! year: Average total assets, $400,000 Average common stockholders' equity, $200,000 Sales, $120,000 Net income, $24,000 Dividends on common stock, $9,000 Dividends on preferred stock, $6,000 What is the company's return on common stockholders' equity for the current year? 7.5%. 60%. 9%. 4.5% 12%.
24. The following information pertain amounts represent average balance figures nation pertains to Benedict Company Assume that all balances balance sheet Total assets $300,000 Stockholders' equity-common 150,000 Total stockholders' equity 200,000 Sales revenue 100.000 Net income 25,000 Number of shares of common stock 6,000 Common dividends 5.000 Preferred dividends 7,000 What is the return on common stockholders' equity ratio for Benedict? a. 16.7% b. 12.0% c. 13.3% d. 9.0% 25. All of the following are normally found in a corporation's...
QUJIUNT 2 10.3 points) The following information pertains to Greenwich Company. Assume that all balance sheet amounts represent average balance figures. Also assume that all balances are normal balances. Total assets - $300,000 Stockholders' equity-common - $150,000 Total stockholders' equity - $200,000 Sales - $100,000 Net income - $25,000 Number of shares of common stock outstanding - 6,000 Common stock dividends declared and paid - $6,000 Preferred stock dividends declared and paid - $4,000 What is the return on common...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that al sales were on credit. Use this information to answer the question that follow Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Tot assets $ 30,000 20,000 15.000 000 $250,000 Lalities and Stockholders' Equity Currentlablities Long term liblibes Stockholders oily Common Total be d stockholders equity $ 45.000 70,000 135,000 $250,000 Income Statement...
The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on cred Assets Cash and short-term investments $ 30,000 Accounts receivable (net) 20.000 15,000 Inventory Property, plant, and equipment Total assets 185.000 $250,000 Liabilities and Stockholders' Equity Current liabilities $ 45,000 Long-term liabilities 70.000 135.000 Stockholders' equity-Common Total liabilities and stockholders' equity $250.000 Income Statement Sales $85,000 Cost of goods sold 45.000 $40,000 Gross margin...
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