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Home Q & A Board Other Fields Homework Help Business Accounting
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mylesnagop mylesnagop
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A year ago
The following data have been taken from the records of Bubba's Body Shop for the current year:

Current assets$  52,000
Long-term assets106,000
Current liabilities20,000
Long-term liabilities30,000
Total stockholders' equity108,000
Earnings per share8
Dividends per common share4
Net income20,000

Required:

a.Calculate the dividend payout ratio.
b.Calculate the return on common stockholders' equity.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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roman91roman91
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A year ago
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mylesnagop Author
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A year ago
Thank you, thank you, thank you!
djeghri
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Yesterday
Just got PERFECT on my quiz
jakechambo3
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2 hours ago
Thanks for your help!!
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