Hokie had net income of $28 million for 2010 and paid total cash dividends of $20 million
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Question:
Hokie had net income of $28 million for 2010 and paid total cash dividends of $20 million to their common stockholders.
Calculate the following 2010 financial ratios of Aggie Corporation using the information given
i. | current ratio |
ii. | acid test ratio |
iii. | debt ratio |
iv. | return on total assets |
v. | return on common equity |
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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